KL Wellness City said the Nobel Healthcare Park, which consists of the medical, business, wellness and retail suites, has a fully connected ecosystem of specialists and ancillary medical services interlinked with adjacent International Hospital @ KL Wellness City, approved as a tertiary hospital with 624 beds and scalable to 1,000-bed capacity.
DONE DEAL: Bungalow, Bukit Tunku, Kuala Lumpur DONE DEAL: Industrial land, Pajam, Negeri Sembilan The property is nestled in the enclave of Country Heights which is also strategically located in the interchange of Kajang, Selangor.
SCIB managing director Rosland Othman said there are no penalties or liquidated ascertained damages to SCIBILL over the termination of the project.
On Dec 1 last year, the company said it was still in the midst of formulating a regularisation plan to address its financial condition.
"The company does not expect to incur any losses arising from the commencement of the arbitration proceedings other than legal cost and the associated costs.
Revenue likewise declined by 49.
For the cumulative six-month period (1HFY2023), the property developer posted a net profit of RM10.
These lands are strategically located within the proximity of multiple industrial parks and the region’s economic hub of Johor Bahru, being just 18 kilometres (km) away from Senai International Airport with its associated logistics and industrial hubs, and 39km away from Johor Bahru city centre.
The contract is scheduled to commence on Feb 13 and is expected to be completed within 14 months from the commencement date.
Looking ahead, Fitch Solutions expects the fading of base effects and pent-up demand, tighter credit conditions, and a weakening global growth outlook to pose significant growth headwinds.
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