Alliance

NCT Alliance to acquire 51% of Setara Juara as it expands footprint in Sabah

PETALING JAYA: NCT Alliance Bhd has signed a memorandum of understanding (MoU) to acquire 51% equity interest in Setara Juara Sdn Bhd. The MoU aligns with NCT Alliance’s strategic plan to expand its property development business particularly in Sabah. Setara Juara holds the development rights to about 249.67 acres of land in Dumpil Bay in the Putatan district of Sabah. The land is earmarked for a...

Alliance Bank to move HQ to Oxley Towers

KUALA LUMPUR: Alliance Bank Malaysia Bhd (ABMB) will relocate to its new Malaysian headquarters at the Oxley Towers in Kuala Lumpur. In a filing to Bursa Malaysia today, ABMB said it had entered into a Sale and Purchase Agreement with Oxley Rising Sdn Bhd for the acquisition of office suites together with retail lots, all located at Tower 3 (Menara C) of the Oxley Towers mixed commercial cum...

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