The increase in the revenue was mainly attributed by higher progress billings across key projects in the Klang Valley and Southern Region as well as higher property sales achieved during the financial period ended Dec 31, 2022.
Perak Transit said in a filing to Bursa Malaysia on Thursday (Feb 23) that the acquisition was done on Thursday but the transacted price was not disclosed.
Following the related-party transaction which took place on Feb 15, Desiran Realiti's shareholding in Chin Hin currently stands at 14.
“In 2022, this mission saw the group extending support to a wide range of organisations and demographics through initiatives such as our annual Buggy of Joy charity drive, ringing in the lunar new year with charitable cheer,” said group executive director of Tropicana, Jared Ang.
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If you still haven't gotten enough of the Lunar New Year festivities, come enjoy the Taiwanese Street Market Event at Tropicana Metropark Property Gallery featuring numerous Taiwanese street food stalls, game booths, a Lion Dance performance (11 Feb, 12pm), Taiwanese-inspired Wishing Wall, Gift of Fortune lucky draw, Sugar Painting workshop, and live band performance (all day, 11 am & 3 pm).
The combined proceeds raised from these three rounds of disposals — RM234.
iMAZING Realty group director, Gary Lok: It will enhance our brand image to help prospective clients get a sense of what it might be like to work with us in helping them get their dream properties.
Tropicana said barring any unforeseen circumstances, the proposed private placement is expected to be completed by the second quarter of 2023.
At the operating level, Tropicana recorded profits of RM61.
A recreational hub and two educational institutions nearby, namely Tenby International School and SJKC Bukit Fraser, cater for the growing needs of the community.
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