The marginally higher revenue was thanks to STM Lottery's better topline, higher occupancy and room rates reported by its hotels division, and the disposal of land coupled with higher revenue from construction activities by its property development and investment division, which offset lower revenue reported by HR Owen.
Spanning 32 acres, Four Seasons Okinawa has an estimated gross development value of US$1.
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The group said the consortium is led by Tokyo Star Bank Ltd and co-led by Okinawa Development Finance Corporation (ODFC) and Bank of The Ryukus.
The Berjaya companies did not receive the necessary approvals following a change in the Selangor government after the 2008 general election.
BLand said its public shareholding spread stood at 20.
BCorp disposed of 110 million shares in BLand held under Juara Sejati Sdn Bhd via a direct business transaction on Sept 22.
On Tuesday, BLand said Tun Aminah holds a 30% stake in Berjaya Rail, which is actively participating in the request for information exercise by MyHSR Corp for the revilatised Kuala Lumpur-Singapore High Speed Rail project.
The property segment’s revenue was driven by higher property progress billings coupled with the disposal of several parcels of land.
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