Singaporean MeGroup’s Malaysian unit acquires Balakong property for RM16.2 mil
The 99-year leasehold property is on industrial land that measures some 4,868 square metres (sq m).
The 99-year leasehold property is on industrial land that measures some 4,868 square metres (sq m).
In a research note, TA noted that the proposed disposal for RM52 million translates into a premium of 4% over the property’s market value, and would result in a net gain of RM400,000 for the group.
Bursa Securities in a query asked Lion Industries five questions, including the reason for the estimated expenses for the disposal at RM22.
The REIT said the suit against Yongnam Engineering Sdn Bhd (YESB) was filed by its trustee, RHB Trustees Bhd, at the High Court in Johor Bahru on Tuesday.
Net proceeds of RM50.
Buying your first house involves a lot of self-reflection.
“We designed and planned our townships with a target to achieve at minimum a 30% overall reduction in carbon emission, as compared to the business-as-usual design.
Lion Industries said the disposal, which is part of the group’s strategy to divest its non-core assets, will allow the group to realise its investment in the land sold with a pro forma net gain of RM57.
The site located at 20 Atchison Street in St Leonards is “nestled in the dynamic landscape of Sydney's North Shore”.
The city, along with other major urban centres, must establish and implement a comprehensive urban resilience strategy to address the impacts of various hazards, including those linked to climate change.