NCT

NCT Alliance Expands into Sabah with RM3.4 Billion Ion Marina Bay Mixed Development NCT Alliance Bhd is making a bold move to strengthen its presence in East Malaysia with the acquisition of a 51% equity stake in Sabah-based property developer Setara Juara Sdn Bhd for RM22 million. This strategic partnership paves the way for the development of Ion Marina Bay, a high-impact, mixed-use township in Putatan,...

NCT Alliance: Q3 2024 Financial Highlights NCT Alliance Bhd (KL) announced its financial results for the third quarter ending Sept 30, 2024 (3QFY2024), revealing a mixed performance with notable revenue growth but a decline in net profit. Financial Overview NCT Alliance’s net profit for 3QFY2024 decreased by 35.6% to RM6.52 million compared to RM10.12 million in the same quarter last year. The...

NCT Group of Companies (NCT Group) has signed a memorandum of understanding (MoU) with RHB Banking Group to provide RHB SME Sustainable Financing Schemes to buyers of NCT Group’s NCT Smart Industrial Park in Sepang, Selangor. This marks a significant step forward in the adoption of green financing for industrial developments in Malaysia. According to Datuk Seri Yap Ngan Choy, founder and group managing...

NCT Alliance Bhd (KL), a construction and property development group, is set to expand its presence in Sabah through the acquisition of a 51% equity interest in Setara Juara Sdn Bhd, a company holding the development rights to 101.037 hectares of land in Dumpil Bay, along Jalan Kota Kinabalu-Lok Kawi. This prime land is earmarked for a mixed-development project with an estimated gross development value...

Datuk Seri Chiau Beng Teik, the founder of Chin Hin Group Bhd (KL), has reduced his stake in NCT Alliance Bhd (KL) after selling 59 million shares via an off-market transaction. The sale, which occurred on Monday, decreased his holding in NCT Alliance from 8.06% to 4.48%, effectively removing him as a substantial shareholder. Sale Details and Impact The disposal of the 3.58% stake or 59 million shares...

NCT Group Tops Out Remaining Towers of Grand Ion Majestic in Genting Highlands NCT Group of Companies (NCT Group) has announced the topping out of the remaining two towers of its Grand Ion Majestic (GIM) mixed development, located in Genting Highlands, Pahang. With a gross development value (GDV) of RM1.6 billion, GIM is a significant project comprising three towers that include a total of 1,885 serviced...

NCT Group Signs RM25 Million MOUs to Enhance NCT Smart Industrial Park in Sepang NCT Group, through its subsidiary NCT Smart Management Sdn Bhd, has signed five memoranda of understanding (MOUs) with different companies worth RM25 million to enhance its NCT Smart Industrial Park (NSIP) in Sepang. This announcement was made via a press statement released on Monday. Overview of NCT Smart Industrial Park...

NCT Group's Strategic MOUs Aim to Enhance Sustainability at NSIP NCT Group’s subsidiary, NCT Smart Management Sdn Bhd (NCT Smart Management), has recently signed memorandums of understanding (MOUs) with KDEB Waste Management (KDEBWM) and Mentari Alam EKO (M) Sdn Bhd (MAEKO). These strategic collaborations aim to bolster the offerings and capabilities of the NCT Smart Industrial Park (NSIP), located in...

Step into the realm of luxury and modern living as NCT Group unveils the final phase of its Ion Belian Garden project, Precinct B-Phase 2, in the serene surroundings of Batang Kali. This exclusive development, comprising 186 units of single-storey terrace houses, has garnered immense interest, with 40% of the 128 units being swiftly claimed within a day of the launch. Elevating Living...

In a significant move that underscores Malaysia's commitment to industrial growth and sustainability, the NCT Group of Companies has announced the development of a 127-acre commercial and industrial land into an industrial park at the Delapan Special Border Economic Zone (SBEZ) in Bukit Kayu Hitam, Kedah. This ambitious project follows a joint development agreement (JDA) signed with Northern Gateway Group...