Tambun Indah proposes 5.6 sen dividend for FY2022
On prospects, Tambun Indah Land said the property market outlook in 2023 is expected to remain impacted by a rising interest rate environment, coupled with an escalation in construction costs.
On prospects, Tambun Indah Land said the property market outlook in 2023 is expected to remain impacted by a rising interest rate environment, coupled with an escalation in construction costs.
In a press conference on Thursday (April 13), Lee -- who is property developer Country Heights Holdings Bhd's founder and largest shareholder -- said the issue was escalated by Patrick Healy, a former officer of US-based Club Excellence Inc which had already been wound up.
The RM220 million Mutiara Central was launched in July 2018 and completed in October 2022.
According to Malaysia Department of Insolvency's website, e-insolvensi, the tycoon received the bankruptcy notice issued by the Shah Alam High Court on Jan 26 this year.
Country Heights announced the 68-year-old's resignation as the group's executive chairman on Feb 3, saying it was “to cater for change management for the transformation of the group.
The event was held in collaboration with Yayasan Sukarelawan Siswa (YSS) and Institution of Engineers, Malaysia (IEM) and involved more than 80 volunteers from S P Setia's Team Setia and also staff from YSS and IEM.
Hana Residences spans 28 acres “in the heart of Tropicana Aman”, with a gross development value of RM403 million.
The developer said it had recently obtained a development order from the Kuala Pilah District Council (Majlis Daerah Kuala Pilah or MDKP) for 2,200 units of mixed development township.
Located at the Integrated Development Region in South Selangor (IDRISS) within the districts of Kuala Langat and Sepang, the RM8 billion industrial park will be developed across three phases in 10 years.
MBSB, in a statement on Thursday (April 6), said its shariah-compliant facility Ihsan-i will be offered to EPF members who are between 40 and 55 years of age, with a minimum of RM3,000 in their Account 2 and EPF i-Account holders, beginning April 7, 2023.