On Oct 3, 2011, UEM Sunrise's indirect wholly owned subsidiary Bandar Nusajaya Development Sdn Bhd had received a notice of additional assessment from the IRB for additional tax and penalty for the year of assessment 2006, which resulted in an additional tax payable of RM73.
UEM Sunrise chief executive officer Sufian Abdullah: “Her expertise will be instrumental in advancing our marketing objectives and further strengthening our brand position in the industry.
UEM Sunrise is expected to recognise a net disposal gain of RM32 million.
"As we reevaluate our remaining land bank potential, this divestment and monetisation strategy sets the groundwork for substantial technological, economic and community advancements in Johor.
Datuk Choong Kai Wai, president & CEO, assured that S P Setia will emphasise “cost control and operational efficiency to foster sustainable growth through these economic shifts”.
UEM Sunrise will be collaborating with Logos in several areas, including end-to-end construction management, technical work, and assisting in government-related processes, such as licensing applications and securing state approvals.
S P Setia president and CEO Datuk Choong Kai Wai: “I’m confident our partnership with Ant Digital Technologies and JaGaSolution will open more doors for stakeholders to collaborate in the future and introduce the latest innovations.
The proposed development will comprise of approximately 340 apartment units with a launch GDV potential of A$450 million (RM1.
It clarified “that as a property developer, our operations, including those of our contractors, have only been utilising diesel fuel at a commercial rate.
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