Tropicana posts RM260.4 mil revenue in 1QFY2025
Tropicana’s financial position continues to improve, with gross gearing level reduced from 0.
Tropicana’s financial position continues to improve, with gross gearing level reduced from 0.
To undertake the project, a special purpose vehicle will be established with Twinicon holding a 75% stake and Crest Star holding the remaining 25%.
Arden is the first component of Phase 3, which will also include a shopping mall and a five-star hotel, of the One Bukit Senyum development, the flagship project of Astaka, and is located within the Johor-Singapore Special Economic Zone.
Landserve (Johor) Sdn Bhd executive director Wee Soon Chit said things have "gone crazy", referring to skyrocketing land transactions in Johor Bahru driven by the upcoming RTS Link to Singapore.
The contract involves the construction of a 47-storey tower comprising 732 serviced apartment units.
“Singapore is clearly at the stage where I don't think we can expand anymore in terms of physical capacity.
In a bourse filing on April 29, West River, which specialises in mechanical and electrical engineering, noted it had 26 contracts with a total unbilled order book of RM247.
Some prospective investors have made multiple visits and are exploring setting up integrated operations through the recently established Iskandar Malaysia Facilitation Centre, according to the Iskandar Regional Development Authority (IRDA).
The company said the sale will not affect its ongoing project on the remaining land, which includes the development of eight factory buildings and a worker dormitory.
The projects involve two serviced apartment blocks, which are a 43-storey tower with 848 units (Plot 1) and a 41-storey tower with 735 units (Plot 2).