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PETALING JAYA: Tek Seng Holdings Bhd has proposed to acquire a parcel of industrial land formed by nine adjoining lots and warehouse and structure, measuring 853,863 sq ft, in Seberang Perai, Penang, for a total cash consideration of RM46.96mil from See Hup Consolidated Bhd.
FROM Munich to Frankfurt, and Toronto to Hong Kong, housing bubbles have either grown bigger through the pandemic or refused to deflate. Singapore’s property, though, is in a sweet spot of affordability, making it a likely target of an investment frenzy.
KUALA LUMPUR: The Federal Land Development Authority (Felda) bought 22 million shares of FGV Holdings Bhd from the open market on Wednesday as it moves closer to take over the plantation company.
KUALA LUMPUR: Stocks to watch on Thursday include AE Multi Holdings Bhd, Dayang Enterprise Holdings Bhd, HeiTech Padu Bhd, Eco World Development Group Bhd, UEM Sunrise Bhd and Chin Hin Group Bhd, according to JF Apex Research.
GEORGE TOWN: Greatech Technology Bhd has acquired a piece of land from the Penang Development Corp for the construction of a new operational facility.
KUALA LUMPUR: Greatech Technology Bhd has acquired a piece of land in Batu Kawan, Penang for RM13.36mil cash, as the company seeks to relocate its plant in Lunas, Kedah to a new site closer to its headquarters.
KUALA LUMPUR: The Federal Land Development Authority (Felda) has issued an offer document in relation to its unconditional mandatory takeover offer for all remaining ordinary shares in FGV Holdings Bhd which it does not own, except treasury shares.
PETALING JAYA: Economists are of the view that a high-speed rail (HSR) is still viable for Malaysia if the country decides to go alone in implementing the project.