Spring Gallery secures RM75mil apartment job

Posted on
Share this article   

PETALING JAYA: Spring Gallery Bhd, the ceramics company formerly known as PFCE Bhd, has received a RM75mil job for an apartment project in Kemaman, Terengganu.

Spring Gallery said in a filing with Bursa Malaysia that its wholly-owned subsidiary Profit Sunland Sdn Bhd inked a managing contractor deal with property developer JV Muhibbah Sdn Bhd, for the Southern City Phase 1B 18-storey apartment project.

The deal is to provide project management facilities and administration, management, consulting, reporting, communication, co-ordination of construction and sales for the project.

StarBiz had reported that Spring Gallery was venturing into the property development sector. The entrance of its new substantial shareholder and executive director Kuan Poh Huat is the catalyst behind this business transformation.

Kuan emerged in the company after he took up a 10% private placement in April. The company placed out 9.5 million new shares at 52.2 sen to Kuan, and raised RM4.96mil.

Want to contribute articles to StarProperty.my? Email: editor@starproperty.my
Related News

Fresh from the news oven

10:12 AM
News & Articles
11:12 AM
News & Articles
11:12 AM
News & Articles
Latest News

Stories and news that might pique your interest

10:12 AM
News & Articles
11:12 AM
News & Articles
11:12 AM
News & Articles
10:12 AM
News & Articles
10:12 AM
News & Articles
11:12 AM
News & Articles
11:12 AM
News & Articles
10:12 AM
News & Articles
11:12 AM
News & Articles
10:12 AM
News & Articles
10:12 AM
News & Articles
10:12 AM
News & Articles
11:12 AM
News & Articles
10:12 AM
News & Articles
10:12 AM
News & Articles
10:12 AM
News & Articles
16:08 PM
Home & Living
09:08 AM
Home & Living
11:02 AM
Home & Living
09:08 AM
Home & Living
10:07 AM
Home & Living
12:07 PM
Home & Living
00:12 AM
Featured Dev
00:12 AM
Featured Dev
00:12 AM
Featured Dev
00:12 AM
Featured Dev
00:12 AM
Featured Dev
00:12 AM
Featured Dev
03:11 AM
Awards 2024
01:11 AM
Events
00:11 AM
Events
00:11 AM
Events
00:11 AM
Events
00:11 AM
Events
03:11 AM
Awards 2024
09:04 AM
News & Articles
16:03 PM
News & Articles
10:02 AM
News & Articles
11:11 AM
News & Articles
11:09 AM
Featured
11:11 AM
Investment
16:06 PM
Investment
16:06 PM
Featured
15:06 PM
Investment
12:07 PM
潮樓產業
14:07 PM
潮樓產業
10:07 AM
潮樓產業
16:07 PM
潮樓產業
14:07 PM
潮樓產業
12:07 PM
潮樓產業