Boutique property developer, Puchong Kinrara Development (PKD), has rebranded itself as Meraki Land Sdn Bhd following its new partnership with a fund managed by PGIM Real Estate.
PGIM Real Estate is the real estate investment business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE:PRU).
Premium boutique developer Bön Estates Sdn Bhd has achieved a major milestone with the appointment of reputable construction firm Kerjaya Prospek (M) Sdn Bhd, a wholly-owned subsidiary of Kerjaya Prospek Group Berhad as the main contractor for its popular “The Estate” luxury project in South Bangsar.
Signed the deal worth RM291 million yesterday at Bon Estates Office in Bangsar, it brings the total outstanding orderbook of Kerjaya Prospek to RM3.15 billion. This project marks Kerjaya Prospek’s seventh contract award for the year and brings the year-to-date contract wins to RM1.16 billion.
Berjaya Food Berhad (“BFood”) registered a higher revenue and pre-tax profit of RM154.39 million and RM8.76 million respectively in the current quarter ended 31 July 2017 as compared to a revenue of RM141.37 million and pre-tax profit of RM7.45 million reported in the previous year’s corresponding quarter. The increase in revenue and pre-tax profit were mainly due to additional cafes operating in the current quarter.