AME REIT's proposed acquisition of Johor factories for RM119 mil is fair and reasonable, says independent adviser
The independent adviser noted the RM119.
The independent adviser noted the RM119.
The second contract, valued at RM246.
Once finalised, together with ITRAMAS Corporation Sdn Bhd (ITRAMAS) and CMEC, these five companies will occupy a combined land size of 40 acres in the RE Industrial Park as the RE off-takers.
In a thematic report on Wednesday, the house said Malaysia’s DC inventory could be 10 times what the industry built over the past 20 years, positioning it significantly ahead of Singapore, which is constrained by land scarcity and environmental regulations.
The network will connect landing points in Johor Bahru to “various developments” within the Johor-Singapore Special Economic Zone, Johor Menteri Besar Datuk Onn Hafiz Ghazi said on Thursday during the Invest Malaysia conference.
Harn Len said the land parcel, currently being used as public parking, is located along Jalan Ngee Heng.
DONE DEAL: Bungalow, Taman Pantai, Bangsar, Kuala Lumpur DONE DEAL: Terrace house, Sierramas West, Selangor Skudai’s average transacted prices for landed residential properties vary greatly across its locales.
Tropicana said the original cost of investment in the land stood at approximately RM143.
“We still see trading opportunities in the stock considering the potential for more contract wins and monetisation news flow.
For context, IBTEC, which has a GDV of RM27 billion, is set to become a major circular city within the proposed Johor-Singapore Special Economic Zone in the southern region.