Ornapaper proposes to diversify into property business
In February, the group had completed the acquisition of two vacant parcels of leasehold land in Melaka Tengah from Faithview Group Development Sdn Bhd for RM30.
In February, the group had completed the acquisition of two vacant parcels of leasehold land in Melaka Tengah from Faithview Group Development Sdn Bhd for RM30.
The proposed diversification is expected to boost the group’s net profit by about 25%, aligning with its long-term strategy to pursue more engineering, procurement, construction and commissioning (EPCC) projects beyond telecommunications network projects, the group said in an exchange filing.
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Khairil was previously with Iskandar Investment Bhd (IIB), a subsidiary of Khazanah Nasional Bhd, which he joined in 2007.
Apex Securities said it was optimistic about Matrix's earnings growth prospects as the group exhibits a clear growth strategy, as evident from ongoing land bank acquisition efforts to ensure sustainable development over the next two decades.
Rehda Selangor chairman Datuk Zaini Yusoff said that Mapex Selangor 2024 will bring the latest offerings of real estate opportunities in Selangor and Kuala Lumpur.
Kumpulan Jetson’s wholly owned unit Jetson Construction Sdn Bhd (JCSB) was awarded the job in July 2018 to build the main building and external works of four blocks of apartment, with the contract sum of RM88.
In a separate filing with Bursa Malaysia, the credit reporting agency also disclosed that KWAP’s fund manager disposed of 1.
Singapore Estate Agents Association is supported by estate agencies in Singapore and the Council for Estate Agencies, which is the statutory board that governs the real estate agency industry in Singapore.
“This partnership aims to create a robust infrastructure that supports its long-term vision for the region’s growth and development while incorporating sustainable elements within an ESG framework.