Sarawak Economic Development Corp no longer a substantial shareholder in Cahya Mata Sarawak
The share disposal comes as CMSB grapples with weaker financial performance.
The share disposal comes as CMSB grapples with weaker financial performance.
The 14,000 sq ft space in Johor will mirror the KL Sentral branch, which became profitable within just three months and has reached over 50% occupancy.
“Johor has become one of Malaysia’s top investment destinations, and the official opening of Skypark Kepler comes just at the right time,” said Ang.
As non-profit entities, JMBs/MCs/RAs are not subject to corporate tax.
What you wouldn’t give for an unhurried morning stroll along the lake and breakfast on your patio, serenaded by singing birds, while the sun peeks through a canopy of leaves.
In a bourse filing, the group said the disposal of the land, located in Taman Mastiara, off Jalan Ipoh, presents an opportunity to generate cash flow for its development projects.
JCorp said it was capitalising on the growing data centre and renewable energy sectors in Johor, actively pursuing opportunities across the value chain through its subsidiary, JLand Group.
GEM Residences also consists of 15 commercial units on the ground floor which are to be leased out.
Sarawak’s commitment to infrastructure growth is evident through the progress of the KUTS project, backed by RM 900 million in funding for 2024, amid a record-high RM9 billion development expenditure.
The participating homes were Rumah Kasih KL; Guardian Angels Home; Rumah Sentuhan Budi; Pusat Amal Cahaya Tengku Rahmah; Sweet Care Home; and Pertubuhan Kebajikan Attaqwa.