AmProp said the winding-up will not have any material effect on the group’s earnings, net assets and gearing for the financial year ending March 31, 2017.
“We think that to improve cost of living, we should look at ways to improve people's productivity and income first.”
A major coup for the Malaysian developers of one of London’s best-known landmarks.
Currently, house buyers could withdraw up to 30% from their Account 2 in the EPF to finance the house purchase.
Kwasa Land said Kwasa Damansara's two MRT stations would be known as the Kwasa Sentral and Kwasa Damansara MRT stations.
Dubai, Shanghai and Beijing held the top three positions.
The interchange, which will link the Pantai Sentral Park mixed-use development and the Pantai Dalam-Kerinchi area with the New Pantai Express Way (NPE), will be constructed at an estimated cost of RM52 million over 18 months.
“This would help more Malaysians to enjoy a better standard of living without having to spend more than they can afford,” said Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor
Group will use proceeds to settle debts, fund projects — source