Vizione's quarterly loss widens on impairment of financial assets, higher finance cost
Vizione said the latest quarterly loss was mainly caused by the impairment of financial assets amounting to RM47.
Vizione said the latest quarterly loss was mainly caused by the impairment of financial assets amounting to RM47.
“We think any interested parties will have to form joint ventures (JVs) or partnerships with foreign players with the technical knowledge and also strong financial backing.
The latest announcement follows Top Builders' failure to submit its regularisation plan to the Securities Commission Malaysia or Bursa Securities for approval within the extended timeframe of June 29 this year.
The global industry players were from the United Kingdom, Spain, Germany, the Netherlands, Australia, mainland China, South Korea, Japan, Hong Kong, Thailand and Singapore, said MyHSR in a statement.
The property developer said it is on track to achieve RM1.
The Ministry of Local Government Development is working on a National Housing Action Plan, which includes home supply requirements based on metrics such as the ratio of the median house price to median income.
The company said its indirect wholly owned Tanco Builders Sdn Bhd (TBSB) had accepted the letter of award (LOA) from Arkitek CKL, on behalf of WGBSB, to undertake the main building and infrastructure works for the project, which will have one block of Rumah Selangorku apartments (400 units).
The occupancy rate of the REIT's portfolio of 10 assets — which includes The Gardens' North and South Towers, Menara IGB, G Tower and Menara Tan & Tan — rose to 78.
Of note, are the 112-acre Tropicana Grandhill and Tropicana Paradise, an integrated development and the next phase of the Tropicana WindCity masterplan.
“We are taking this opportunity to show our gratitude towards our highly valued customers with limited-time rebates.