Bina Darulaman poised to resume uptrend, says RHB Retail Research
The research house said that if it manages to reclaim the 42.
The research house said that if it manages to reclaim the 42.
In a bourse filing on Thursday, BDB said revenue for the year rose to RM316.
Under the MOU, BDB Land will undertake to conduct a full land survey on a piece of identified land upon execution of this MOU, and furnish the land survey report to Enfiniti.
BDB, as the land owner, will provide development rights to OIB to build the affordable housing scheme on a plot measuring 53.
The project, which is aimed at strengthening and improving rice production in the states, is expected to contribute positively to the Kedah-based developer’s revenue in the financial years ending 2023 and 2024, the group said.
“If you look at the trend of BDB’s earnings, normally business will pick up in the third and fourth quarters.
“The pandemic in 2020 and 2021 demonstrated that our core business was highly vulnerable to lockdowns and movement control orders.
Darulaman Lagenda will comprise more than 2,500 landed affordable homes with a gross development value of RM593 million KUALA LUMPUR (Sept 2): Lagenda Properties Bhd will be developing a new “affordable township in the heart of Sungai Petani”, Kedah with Bina Darulaman Bhd.
KUALA LUMPUR (July 18): Bina Darulaman Bhd (BDB) has appointed Mohd Iskandar Dzulkarnain Ramli as president and chief executive officer with effect from Monday (July 18).
KUALA LUMPUR (Dec 14): Bina Darulaman Bhd, which is controlled by the Kedah state government, is jointly developing an integrated project called Langkawi Premium Outlet in Kedah with the Menteri Besar Kedah Incorporated (MBI Kedah).