English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 5 July 2024, 15:00 HKT/SGT
Share:
    

Source: Proven Land Sdn. Bhd.
Proven Land Sdn. Bhd. Announces Partnership and Investment in EXSIM, Supported by Octowill Trustees
Investments in Growing Property Development Demand in ASEAN

KUALA LUMPUR, July 5, 2024 - (ACN Newswire) - Proven Land Sdn Bhd (“Proven Land”) is pleased to announce the signing of an agreement with a wholly owned subsidiary of EXSIM Development Sdn Bhd (“EXSIM”) to subscribe a stake in the renowned property development company. This collaboration allows Proven Land to benefit from a diverse and innovative project portfolio that promises significant growth and development opportunities.

Mr Jack Leong, Director of Proven Land; Mr Lim Aik Hoe, Managing Director of EXSIM Development Sdn Bhd [L-R]
Mr Jack Leong, Director of Proven Land; Mr Lim Aik Hoe, Managing Director of EXSIM Development Sdn Bhd [L-R]

EXSIM, known for its cutting-edge green and sustainable projects, has a prominent presence in the property development sector. Some notable hospitality projects of EXSIM which have been successfully completed includes Expressionz Professional Suites @ Tun Razak, Ceylonz Suites @ Bukit Ceylon, Scarletz Suites @ KL City Centre and Mossaz @ Damansara Perdana.

With a history of excellence and numerous successful developments, EXSIM has played a pivotal role in shaping the urban landscape and driving economic growth. This partnership is poised to harness the parties’ expertise to foster substantial growth in the property sector.

Mr. Jack Leong, Director of Proven Land commented, “Our investment in EXSIM marks a significant milestone for Proven Land. By subscribing the stake, we are poised to leverage their innovative projects and expertise, enhancing our portfolio and creating new opportunities for growth. This collaboration underscores our commitment to high-potential sectors and driving economic prosperity in the ASEAN region.”

Mr Lim Aik Hoe, Managing Director of EXSIM, said "We are delighted to welcome Proven Land as our partner. This collaboration signifies their confidence EXSIM in building more greener and sustainable developments, while elevating the living lifestyle of our buyers. We hope to have more partnership with Proven Land in the future, perhaps in different component of development too.”

On the same day, Proven Land also entered into an agreement with Octowill Trustees Berhad (“Octowill”), which will support Proven Land’s future development.

The Management of Octowill Trustees, remarked, “Our investment in Proven Land underscores our belief in the strategic vision and robust potential of Proven Land. This collaboration is set to unlock significant value for our stakeholders and drive sustainable growth, especially in the rapidly growing urban development landscape.”

Looking ahead, Proven Land remains highly optimistic about the future growth of the property development landscape in Malaysia. The Company is committed to identifying and capitalising on high-potential opportunities, driving innovation, and contributing to the economic prosperity of the region.

ABOUT PROVEN LAND SDN. BHD.

Proven Land Sdn. Bhd. is a Malaysia-based company dedicated to advancing sustainable property development. Proven Land focuses on creating innovative, eco-friendly developments that contribute to the well-being of communities and the environment. The company leverages expertise in property development to transform innovative ideas into successful, sustainable projects.

Issued By: Swan Consultancy Sdn. Bhd. on behalf of Proven Venture Capital Ltd.

For more information, please contact:
Jazzmin Wan
Tel: +60 17-289 4110
Email: j.wan@swanconsultancy.biz

Aimee Tan
Tel: +60 16-512 0051
Email: a.tan@swanconsultancy.biz



Topic: Press release summary
Source: Proven Land Sdn. Bhd.

Sectors: Exchanges & Software, Daily Finance
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
Military Metals Enters into LOI to Acquire Two Antimony and One Tin Property in the European Union  
Oct 7, 2024 20:39 HKT/SGT
32nd Edition of Digital Transformation Summit Announced by Exito Media Concepts  
Oct 7, 2024 15:45 HKT/SGT
Unlocking India's Offshoring Advantage: Your Ultimate Guide for 2024  
Oct 7, 2024 13:00 HKT/SGT
Indonesia's Path to Society 5.0: Driving Digital Innovation at the Digital Transformation Summit  
Oct 7, 2024 10:40 HKT/SGT
JCB to offer Google Pay(TM) in Japan  
Monday, October 7, 2024 10:00:00 AM
Success at the 9th Annual REITs and Real Estate Investment Summit Asia Pacific 2024(TM): Driving Profits Through Sustainable Technology and Net Zero Imperatives  
Oct 7, 2024 09:00 HKT/SGT
Antidote Announces $100M for Community Building and User Rewards  
Oct 4, 2024 19:00 HKT/SGT
Hong Kong Films @ Busan 2024 opens tomorrow  
Oct 4, 2024 17:18 HKT/SGT
Pluk Phak Praw Rak Mae PCL (SET: OKJ) Eyes Expansion as the 'King of Organic Salad'  
Oct 4, 2024 14:00 HKT/SGT
Fujitsu highlights technologies to realize its vision of AI as a trusted assistant at CEATEC 2024  
Friday, October 4, 2024 10:03:00 AM
More Press release >>
 Events:
More events >>
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575