Propel Global plans December launch of Riverpoint commercial project in Kuantan

Bitget2026/10/19 10:15

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Propel Global plans to diversify into property development, subject to shareholder approval, starting with its Riverpoint commercial project in Kuantan, Pahang.
Riverpoint will comprise 31 three-story freehold shoplots, with an estimated gross development value of RM 64 million.
Estimated development costs total RM 53 million, with gross development profit projected at RM 11 million.
The project is scheduled to launch in December 2026, with completion expected in January 2028.
Development costs will be funded through internally generated funds and/or bank borrowings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Propel Global Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3716297) on October 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Propel Global plans December launch of Riverpoint commercial project in Kuantan

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