Kerjaya Prospek Property plans to raise RM147 mil via rights issue of shares, loan stocks
The group said it expects the rghts issue of one new share for every two shares held at 20 sen per share, totalling 273.
The group said it expects the rghts issue of one new share for every two shares held at 20 sen per share, totalling 273.
In a note on Friday, Phillip Capital said that this contract would result in a 2.
Kerjaya Prospek (M) Sdn Bhd, had accepted a letter of award from TPDSB for the execution and completion of a Gurney pedestrian ramp, access to Gurney and all associated works at Bandar Tanjung Pinang, Pulau Andaman.
According to Kerjaya Prospek's announcement to Bursa Malaysia, the contract covers the execution and completion of a foundation piling system and pile caps, the construction of a basement and two levels of lower ground and all associated site works and earthworks for the proposed two blocks of 52 storey service apartments.
The proposal entails the issuance of up to 1.
On the property development segment, Kerjaya said development projects have contributed positively to the group's results.
For now, Kerjaya has outstanding jobs on hand worth RM4.
Kerjaya Prospek said the scope of the project, clinched through its wholly owned subsidiary Kerjaya Prospek (M) Sdn Bhd, includes the construction of 360 units of three-storey terrace houses, alongside a clubhouse, landscaping works, and other related infrastructure.
Kerjaya Prospek issued the redemption notice to the investment vehicle, Javawana Sdn Bhd, on Dec 9, according to the property development company’s bourse filing on Thursday.
Analysts now expect Kerjaya Prospek to dish out a record-high dividend totalling 15 sen per share, following the latest planned distribution of seven sen per share.