Asian Pac Subsidiary Cahaya Riang Signs Deal to Develop Mixed-Use Project in Sabah

Bitget2026/10/20 09:18

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Asian Pac Holdings' wholly owned subsidiary Cahaya Riang signed a development agreement for a mixed-use project in Karamunsing, Sabah.
The project comprises 573 commercial and serviced apartment units, with estimated gross development value of RM 295 million.
Estimated development costs total RM 183 million, excluding landowners' entitlements of RM 62 million.
Construction is expected to begin in the third quarter of 2028, with completion targeted for the third quarter of 2031.

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. Asian Pac Holdings Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3716548) on October 20, 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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Asian Pac Subsidiary Cahaya Riang Signs Deal to Develop Mixed-Use Project in Sabah

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