KUALA LUMPUR: Tropicana Corporation Bhd has redeemed the third tranche of its Sukuk Wakalah Programme worth RM110 million, which was due on June 7, 2024. The property developer said the move was part of its efforts to reduce gearing and optimise financial management. The company had also redeemed its first tranche of...
PETALING JAYA: The property market activity recorded more than 100,000 transactions worth RM57.15 billion in the third quarter of 2023 (Q3’23), an increase of 3.7% in volume and 22.6% in value compared with Q3’22, according to the Valuation and Property Services Department in the Finance Ministry. Disclosing this yesterday by the National Property Information Centre (Napic), it said that from the...
PETALING JAYA: Skyworld Development Bhd plans to launch new projects in Klang Valley with a total estimated gross development value exceeding RM1bil. Despite challenges and uncertainties in both local and global economic outlook, the property developer said it is cautiously optimistic that the financial and operation...
KOTA BHARU: Two men including a Thai national were nabbed with 60,000 yaba pills worth RM660,000 in the Ops Tapis Khas conducted in Kampung Tok Pelandok, Bukit Tuku in Pasir Masir on Aug 3. Kelantan police chief Datuk Muhamad Zaki Harun said the duo, aged 29 and 30, were detained in a Proton X70 at the location. “Inspections on the vehicle found a backpack containing 300 plastic packets filled with...
KUALA LUMPUR: Skyworld Development Bhd plans to launch new projects in Kuala Lumpur with total estimated gross development values exceeding RM1bil in the current financial year ending March 31, 2024 (FY24). As of March 31, the developer has unbilled sales amounted to RM944.6mil, providing visibility of future revenue....