launches

Tropicana to re-enter Johor property market, two launches slated for this year

PETALING JAYA: Tropicana Bhd is re-entering the Johor property market after a hiatus of about three years, with two launches planned for 2024, spurred by rapid growth in the state. According to Tropicana marketing and sales/business development managing director Ixora Ang, the company’s outlook for the southern state is bullish, underpinned by the announcements of several key developments such as the...

Paramount lines up RM1b-1.5b project launches in FY24

KUALA LUMPUR: Property developer Paramount Corp Bhd has set its sights on project launches totalling between RM1 billion and RM1.5 billion in financial year 2024 (FY24) Group CEO & executive director Jeffrey Chew Sun Teong (pix) stated that it is important to launch projects worth at least RM1 billion annually for the group to achieve its target of reaching an annual revenue of at least RM1...

QI launches RM100m sukuk to finance development of university campus

PETALING JAYA: QI group has launched its Sukuk Ijarah Programme worth RM100 million to raise funds for land acquisition and construction of its proposed Quest International University (QIU) campus in Ipoh, Perak. Bank Pembangunan Malaysia Bhd (BPMB) is the primary subscriber at RM60 million, of the programme. The Sukuk Ijarah is issued via Silver Formula ABS Bhd, a special purpose company set up to...

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