YNH gets shareholders' nod to sell KL, Perak retail assets for RM423m
The disposal will help to pare down bank borrowings and add working capital requirements for the group.
The disposal will help to pare down bank borrowings and add working capital requirements for the group.
The group stated that if it fails to issue the outstanding financial statements within five market days after the expiry of relevant timeframes, Bursa Securities shall suspend trading in its securities with effect on the next market day.
“We are pleased by Tesla’s decision to establish its presence in the electric vehicle ecosystem in Malaysia.
SDP group managing director Datuk Azmir Merican, in a statement, said the group successfully delivered 1,855 units of products to its customers in FY2022 while being affected with labour-related challenges and escalating material prices.
The increase in the revenue was mainly attributed by higher progress billings across key projects in the Klang Valley and Southern Region as well as higher property sales achieved during the financial period ended Dec 31, 2022.
DONE DEAL: Shophouse, Damai Complex, Kuala Lumpur DONE DEAL: Warehouse, Jalan Bangi, Semenyih, Selangor Taman Desa Minang is a well-established neighbourhood in Batu Caves, Selangor, hosting affordable homes and industrial areas.
The property developer declared a final dividend of 1.
As a TOD, Serasi Residences provides a 400m covered walkway to the Putra Heights LRT Station.
The group expects an increase in net profit of around RM7 million, as two of the three LSS4 projects are scheduled to be commissioned by May 2023.
The current non-bank interest rates stand at 12% for mortgage loans and 18% for non-mortgage loans.