The REAL deal: Social housing in danger of becoming slums
A home is not just a brick-and-mortar product that offers shelter.
A home is not just a brick-and-mortar product that offers shelter.
The group’s wholly-owned subsidiary Sunsuria Symphony Sdn Bhd (SSSB) will be acquiring MLSB’s shares through internally-generated funds from Ong Thuan Bok and Kho Weng Kooi — 640,000 shares (64%) from Ong and 160,000 shares (16%) from Kho.
Tan Sri Abu Bakar Abdul Jamal was the 10th chief and the first four-star admiral of the Royal Malaysian Navy.
For S P Setia, the developer expects to free up RM278 million of cash and a gain on disposal of RM31 million.
Mah Sing said the acquisition will further solidify the group’s footprint in Johor and strengthen its competitive positioning in the affordable housing segment after the acquisition of 6.
In a bourse filing on Monday (May 29), Mah Sing also said its revenue rose 48.
Through the collaboration, Mah Sing will support CECC by extending its expertise in manufacturing and property development.
Tan Sri Bashir Ahmad Abdul Majid fills the seat that was left vacant by Datuk Wira Azhar Abdul Hamid, who had resigned as chairman and director on March 7, 2022.
With a gross development value (GDV) of RM441.
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