Loss-making Thriven Global to raise RM22 mil via land sale
The original cost of investment for the four plots in 2002 was RM996,774, and the disposal will give rise to a gain of RM12.
The original cost of investment for the four plots in 2002 was RM996,774, and the disposal will give rise to a gain of RM12.
The Johor Golf and Country Club (JGCC) project was awarded by Tanjung Nakhoda (M) Sdn Bhd, said Fajarbaru in a stock exchange filing on Tuesday.
In line with the development of the GTP project, Nextgreen expects its working capital requirement to increase, adding that the group intends to allocate the balance of the proceeds for working capital.
“The proposed industrial park, about the size of 1,000 football fields, will be one of the largest purpose-built fully integrated new industrial estates in Johor.
"This partnership not only aligns with our vision to be at the forefront of innovative tourism developments but also reinforces our commitment to cultural and economic growth in Melaka.
The Maya Bay Residences serviced apartment and Enso Woods two-storey terraced homes are targeted for vacant possession in March and July, respectively.
The plan comprises the RM3.
The Promenade, which features two and three-storey shop offices, will have a gross development value of RM300 million.