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Radium Development Berhad is a Malaysia-based investment holding company. The Company is engaged in property development. Its segments consist of Investment holdings and others and Property development and investment. The investment holdings segment consists of investment activities, provision of management services, provision of project management consultancy and information technology related services (dormant), and hotel business (dormant). The property development and investment segment consist of development and sales of residential properties and letting of property. Its development portfolio consists of affordable homes, urban residences, prime, and hospitality. Its completed projects include Vista Semarak Residensi Wilayah, Vista OUG Residensi Wilayah, Vista OUG PPAM, Vista Wirajaya Residensi Wilayah, and Vista Wirajaya 2 Residensi Wilayah, among others.
Radium Development Bhd (KL:RADIUM) is venturing into the hospitality sector by unveiling The Face Chancery Hotel at its upcoming integrated development in Ampang, Kuala Lumpur, expecting a RM20 million annual revenue contribution from the sector in the third year of operation.
THE parties involved in the sale and purchase of a 169-acre parcel in Permatang Kumbang, Puchong — the Selangor government and Perano Properties Development Sdn Bhd, controlled by the Jakel Group — have remained tight-lipped, making it difficult to understand many issues surrounding the purchase,...