Nippon Paint sets up fund to benefit Asian design students at Harvard University
To become leaders in transforming the social and built environment.
To become leaders in transforming the social and built environment.
Escalated construction cost for the company's recently completed Amanja property development project in Kepong has dragged its margin.
The property and construction group said the exercise involves issuing up to 93.01 million shares, equivalent to 30% of the enlarged capital, to selected investors.
The group said it is on track to launch 709 property units for the remaining three months of FY18.
Sunsuria believes measures taken by the new government could spur domestic consumption.
The group said the lower earnings were also due to a loss recorded for its management services segment.
Sold for: RM800,000 (RM489 psf); Concluded by: Michelle Cheong (REN 18391, 016-502 0868) and Bonnie Poo (REN 18552, 012-256 7566) of Landbanc Property; When: December 2017
Work has stalled on the sales gallery and construction activity.
The group's total unbilled sales as at March 31, 2018 stood at about RM1.64 billion.