All News | Be The First To Know at EdgeProp.my
Going forward, Selangor Properties said the property investment division is expected to remain stable and will continue to contribute positively to the group.
It has decided to revise the exercise price of its proposed bonus warrants to 58 sen apiece, from 82 sen previously.
The property developer first announced its plan to list its manufacturing unit on HKEX on Sept 29, 2016.
The Type A affordable homes in Taman Sunggala Hartamas are priced at RM75,000 per unit.
"The performance of the hotels and resorts business is expected to remain satisfactory, while the property market outlook is expected to remain lukewarm."
On Sept 21, Iris had received the sealed court order awarding the judgment in favour of Dipon.
Developer is putting on the back burner investments in countries such as India.
Last November, the group announced it won the tender to buy the plots for RM620.12 million.
Sky Awani 1 is a Federal Territories Housing (RUMAWIP) project in Sentul.