PETALING JAYA: Tropicana Macalister Avenue (Penang) Sdn Bhd, a wholly owned subsidiary of Tropicana Corporation Bhd, has signed an agreement with IOI .
KUALA LUMPUR: Tropicana Corporation Bhd’s (Tropicana) wholly-owned subsidiary, Tropicana Macalister Avenue (Penang) Sdn Bhd is disposing of Courtyard by Marriott Penang for RM165 million to IOI PFCC Hotel Sdn Bhd, an indirect subsidiary of IOI Properties Group Bhd.
PETALING JAYA: IOI Properties Group Bhd’s Bandar Putra Kulai township development in Johor will be a major sales driver for the property giant in the coming years, according to RHB Research.
PETALING JAYA: The Johor theme has been playing out on some Bursa Malaysia-listed stocks for some time now, leading a few to think that some of these counters have run ahead of themselves.