Kerjaya Prospek Property plans two-for-one RCULS to raise RM325m
The proposal entails the issuance of up to 1.
The proposal entails the issuance of up to 1.
Cheras semidee sold within 3 months | DONE DEAL Mont’Kiara condo with view of KLCC (Ooak Suites) sold | DONE DEAL Average transacted prices for non-landed properties in Mont’Kiara, Kuala Lumpur have seen a 20% increase between 2023 and 2024.
Cross-border capital flows also rose by 12% to US$171 billion, underscoring the international appetite for real estate.
According to RHB, the sector recorded a high amount of RM159 billion of work done in CY2024, a 20% year-on-year increase.
The policy aims to ensure consistent, accurate, and transparent valuations that comply with professional standards.
The land is located at Eco Business Park II in Senai, Iskandar Malaysia.
“There’s a lot of effort going into monetising the three campuses, the hotel and the office.
“But we are now re-studying whether we could do a whole redevelopment.
"To resolve this, we have devised a plan to determine which assets LTAT should retain a larger direct shareholding in and which should remain under Boustead’s management.
The company is seeking its shareholders’ approval for the proposed business diversification, as the property development is expected to contribute at least 25% to its net profits and net assets in the future.