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SC Estate Builder Bhd is proposing to acquire a 25% equity interest in Sentosa Regency Hotel in Alor Setar, Kedah, for RM18.79mil from the mother of its chairman, Loh Boon Ginn.
PETALING JAYA: SC Estate Builder Bhd is proposing to acquire a 25% equity interest in Sentosa Regency Hotel in Alor Setar, Kedah for RM18.79mil from the mother of its chairman, Loh Boon Ginn.
Construction outfit SC Estate Builder Bhd (KL:SCBUILD) has formalised an agreement to acquire a 25% equity interest in a non-operational hotel in Alor Setar for RM18.79 million from chairman Loh Boon Ginn’s mother in its push into property investment.
Notable filings
On Nov 6, Tan Sri Chan Kong Choy’s interest in FBG Holdings Bhd (KL:FBG) rose to 11.3% after Infinite Horizons Capital Sdn Bhd acquired 19.6 million shares representing 2.64% of the share base of the construction outfit through a married deal.
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SC Estate Builder Bhd (KL:SCBUILD) on Friday announced the emergence of Fortune Frontline Sdn Bhd as its second-largest shareholder, following the subscription of one billion shares via a private placement.
Construction outfit SC Estate Builder Bhd (KL:SCBUILD) on Friday entered into a joint-venture (JV) agreement with Vanguard North Sdn Bhd to develop four parcels of land in Kedah into a development of building construction project, with an estimated gross development value of RM663.36 million.
KUALA LUMPUR: SC Estate Builder Bhd's unit SC Estate Energy Sdn Bhd (SCEE) has formed a joint venture (JV) with Vanguard North Sdn Bhd to undertake a property development project in Kubang Pasu, Kedah.
KUALA LUMPUR: SC Estate Builder Bhd's wholly-owned subsidiary, SC Estate Energy Sdn Bhd, has entered into a joint venture agreement (JV agreement) with Vanguard North Sdn Bhd to develop four parcels of land in Kubang Pasu, Kedah, that have a combined gross development value (GDV) of RM663.36 million.
PETALING JAYA: SC Estate Builder Bhd is disposing of a piece of land in Alor Setar, Kedah, measuring 5,834 sq metres to Novium Pinnacle Sdn Bhd for RM8.8mil.