News about ROS

What now for homebuyers? Homebuyers can be rest assured that their right to claim for damages for late delivery of vacant possession remains unchanged.

In a note on Friday, the research house said Kerjaya’s current outstanding order book stands at RM4.

The house estimated Kerjaya Prospek’s outstanding order book to be at RM4.

Bloomsvale Shopping Gallery comprises 320,000 sq ft of gross floor area and houses 100 retail units across four levels with 230,000 sq ft of net lettable area.

Kerjaya is joining a bandwagon of Malaysian builders, which include Gamuda Bhd and Sunway Construction Group Bhd seeking highly lucrative contracts to build data centres and other industrial projects.

The construction outfit said the increase in revenue for the current quarter under review was mainly because progress of construction work activities has improved.

The two projects will provide earnings visibility of up to four years, group executive chairman Datin Toh Siew Chuon said at Kerjaya Prospek Property's financial results briefing on Tuesday.

Kerjaya Prospek said the contract will commence on July 1 and be completed within 40 months.

The research house said Kerjaya’s new order wins would remain largely from internal projects, comprising circa 60% of its RM1.

The land, which measures 221,198 sq feet and has a net book value of RM25.