The rejection has affected DRB-Hicom’s plan to develop a boutique luxury mixed development project on the island to replicate the success of Thailand’s Phuket and Koh Samui and Indonesia’s Bali.
Eupe Corp Bhd’s Parc 3 is slated for launch by mid-October.
IJM said the outlook for the construction division is encouraging, supported by its record RM8.7 billion outstanding orderbook, while the property division is expected to continue to be affected by the tighter lending guidelines.
Plenitude said the contribution came mainly from the Bintang Maya double-storey terrace house project in Kedah as well as the Taman Putra Prima Phase 2C Aquamarine double- and triple-storey terrace house project in Selangor.
The forging of alliances with online retailers is part of CapitaLand’s strategy to combine offline and online business models to achieve long-term success.
The land, which comprises 42 parcels, is located in the districts of Labuk and Sugut in Sabah.
UOA Development said the group’s revenue and profit for the quarter under review were mainly derived from the progressive recognition of the group’s ongoing development projects.
GBH's wholly-owned unit GBH Land Sdn Bhd is buying the land, measuring 9,925 sq metres, from Puncak Melati Sdn Bhd
OSK Holdings Bhd has proposed to issue up to 820.31 million bonus shares to reward its shareholders, while expanding its share base.
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