Govt plans 'Project Earth' to overhaul LTAT, restructure Boustead
Under the previously scrapped "Project Moonshot", Boustead was to transition from a diversified conglomerate into a real estate-focused entity.
Under the previously scrapped "Project Moonshot", Boustead was to transition from a diversified conglomerate into a real estate-focused entity.
New property sales for FY2024 was RM1 billion, mainly contributed by the Bamboo Hills Residences, Aster Hill, Duo Tower and Laurel Residence projects.
The approval from Bursa Malaysia comes at a time when “we are ready to take advantage of the vast development opportunities in Malaysia’s construction industry especially in Sarawak”, the construction firm said in a statement.
The group declared a third interim dividend of 1.
The Petaling district is driving Selangor's high-rise housing boom, leading the region with 93 new condominium and apartment projects.
Hafizuddin Sulaiman, officer in charge, CFO: This “demonstrates the trust and confidence that homebuyers and investors have in UEM Sunrise in a dynamic market”.
Organising chairman Sulaiman Saheh: “[The property price growth projection] ranges from 2% and could go up to 5%, but it is very much dependent on the locality.
The acquisition brings Hektar REIT’s portfolio to eight properties, which currently include shopping malls and an educational facility.
Sim Leisure announced on Dec 19 that it had received a notice of termination over the project.
“The government will consider allowing them [including industry players at KHTP] to apply for the new electricity tariff to be implemented simultaneously with the rest of Peninsular Malaysia in July — we are evaluating this due to its financial cost implications.