Vincent Tan obtains temporary restraining order against Kedah MB
Tan Sri Vincent Tan’s counsel Chuar Kia Lin confirmed with The Edge that the Shah Alam High Court allowed the ex-parte injunction application earlier on Thursday (Aug 17).
Tan Sri Vincent Tan’s counsel Chuar Kia Lin confirmed with The Edge that the Shah Alam High Court allowed the ex-parte injunction application earlier on Thursday (Aug 17).
In a bourse filing, the group said its 60%-owned subsidiary LFE Development Sdn Bhd (LDSB) inked the joint venture agreement (JVA) with the owner of the land, Aziho Trading Sdn Bhd (ATSB), for the development of the project known as Taman Residensi Mesra Phase Four.
Phase one will consist of 166 shops, with 147 units being two-storey shop offices and the remaining 19 units shop office units with sub-basement car parks.
The group has been actively looking into investing in Perth for some time due to the city’s strong fundamentals underpinning the economy, a lower housing entry point and some of the best prospects for capital gains in Australia.
In the latest private placement exercise, the large bulk of the proceeds raised (RM9.
Abang Abdillah Izzarim Abang Abdul Rahman Zohari, 45, is the son of Sarawak Premier Tan Sri Abang Abdul Rahman Zohari Abang Openg, more popularly known as Abang Johari or Abang Jo.
The company stands to incur a gain of approximately RM7.
Majuperak is selling back the stake in Nexusbase Development Sdn Bhd to the vendor at the original sum of RM12.
CIDB chief executive officer Datuk Ahmad ‘Asri Abdul Hamid: The launch of IBS Homes and IBS Homes Catalogue marks a turning point in the construction industry.
The group said its wholly-owned subsidiary LLB Bina Sdn Bhd has signed a deed of mutual termination with the land owner, Premier Land Resources Sdn Bhd, to terminate the agreement in relation to the acquisition entered in January last year.