The 532-room assets were sold to Thailand-listed Strategic Hospitality Extendable Freehild and Leasehold Real Estate Investment Trust (SHREIT) at the equivalent RM451,128 per room, earning Royal Group a profit of RM65 million after deducting its initial investment and refurbishment costs.
“This is the only component of development costs that a developer can control,” said an industry observer.
Ahmad Asri urged property developers to take “active measures” to reduce prices.
Increasing traffic necessitates the upgrade. Passenger arrivals for 2017 was 276,000 visitors, with a total of 112 international and 56 domestic flights recorded in a month.
Pederin, a highly toxic substance that is more potent than cobra venom, is released from these beetles when they are crushed, and it produces a skin irritation called dermatitis linearis.
If the reclamation is completed, the North Channel would be narrowed, bringing George Town and Butterworth closer.
The former prime minister’s wife will be asked to prove ownership of the jewellery that were seized from homes linked to her and her husband, Datuk Seri Najib Razak.
“The police are thoroughly checking the facts that he had mentioned during his public talks to explain about 1MDB prior to the 14th general election,” said the source.
“We will call her [Rosmah] up to identify and confirm the items when she is available.”... "Many more probes are underway."
Known for his sharp mind and wit, the PM also displays a remarkable grasp of issues, big and small. From global issues, to the little everyday details of our cities that Mahathir sees.
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