"We do see the Malaysian property market in the major urban centres getting fairly mature. So rightly said, the next step is to really look at potentially going out of the country… I think we are ready to go."
EPF said the purchase of the logistics property in Shirebrook had followed comprehensive due diligence and robust governance standards in line with the fund's investment policies.
The contract is split into phases and will commence this month for a date of completion by October 2020.
In December 2018, EcoFirst had proposed to subscribe for a 20% stake in Geo Valley for RM13,333.46, followed by an acquisition another 50% stake for RM44 million from Geo Valley shareholders.
The Vietnam EPC construction work contributed revenue of RM255.8 million, compared with RM93 million achieved in the corresponding quarter last year.
The Yang di-Pertuan Agong approved Tengku Maimun's appointment based on the advice of Mahathir and upon consultation with the Conference of Rulers.
According to Ireka, the claims made were premised on the breach of contract and outstanding payment due in relation to the contract.
“It will be negative to FGV’s earnings, should Felda amend the terms in the existing LLA and require FGV to pay higher lease for the land. But, at this juncture, it is unclear if Felda can amend the terms of the LLA easily,” said regional head of plantations research at CIMB Investment Bank Ivy Ng.
Access to non-conventional data would better help firms understand consumer consumption habits and the latest market trends.
This will serve as a launch pad for future policy direction — experts
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