CapitaLand Malaysia Trust plans RM250m private placement to repay borrowings
Based on an illustrative issue price of 57.
Based on an illustrative issue price of 57.
The project is located 8km from the upcoming Rapid Transit System (RTS) station at Bukit Chagar, which will connect Johor Bahru to Woodlands, Singapore.
The lands are in Titiwangsa, close to major highways and amenities, and will be combined for a serviced apartment project with about 240 units, estimated at RM130 million GDV.
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The land, valued at RM113 million, is being bought below market price.
According to a filing with Bursa Malaysia, the shareholders, who claim to collectively own 10.
The ad interim injunction was filed by Hydroshoppe Sdn Bhd and its subsidiary Menara Kuala Lumpur Sdn Bhd, but this was dismissed by the High Court on April 8.
Exsim Hospitality said its wholly-owned subsidiary Exsim Concepto Sdn Bhd (ECSB) had on May 30 accepted a letter of award (LOA) from TotalBuildz Sdn Bhd for the proposed job.
All other segments recorded revenue growth except for the engineering services segment, which declined due to progression in the completion stage of ongoing engineering projects.
Datuk Mark Victor Rozario, 60, took on the role as group CEO, along with the non-independent executive director position on Dec 3 last year.