M-Mode bags RM260.57m job for mixed commercial project in Sabah
The project is expected to be completed within three years by May 6, 2021.
The project is expected to be completed within three years by May 6, 2021.
The properties, located in Rawang and Alor Setar, are not being used for any business operations.
For FY19, Glomac plans to launch more diverse products with a total estimated gross development value (GDV) of RM1.06 billion.
This involved the development and upgrading of the Pan Borneo Highway.
The group has been mentioned as among the companies expected to be impacted by the new Federal government’s surprise announcement of the termination of Klang Valley’s MRT3 project.
Eversendai attributed the largest portion of the group’s profit to its structural steel division, which registered a profit before tax of RM24.3 million.
On its prospect moving forward, MQREIT said 28% of its total net lettable area is due for renewal in 2018 with 16% of these leases due in the first quarter of the financial year.
EUPE attributed the improved quarterly results to the progressive revenue and profit recognition from its first Kuala Lumpur project called Novum@South Bangsar.
The depreciation amount eligible for capitalisation was revised and a consolidation entry superseding the initial entry was recorded.
Under the JV, both companies will also jointly manage the operations for the lease of co-working space and serviced office suites.