Ivory Properties’ unit under receivership after default
The receivership happened because Ivory Indah failed to pay its debts by Aug 12, breaking the terms of its loan agreements with CIMB Islamic.
The receivership happened because Ivory Indah failed to pay its debts by Aug 12, breaking the terms of its loan agreements with CIMB Islamic.
George Town has long been a coveted address.
From landed homes in mainland Butterworth to high-rise residences along the island’s coast, Asia Green Group’s growth has mirrored Penang’s shift towards vertical, lifestyle-driven developments.
The beckoning of the sea is somehow irresistible.
SkyWorld Development Bhd, an award-winning developer in Klang Valley’s property scene, is now making its debut in Penang, bringing its signature blend of quality, innovation, and affordability to the northern region.
Further compounding Ivory’s challenges, the company also announced on Aug 21 that Bursa Securities had rejected its application for an additional extension of time to submit its regularisation plan.
CEO Lee Chee Seng: We have additional projects in the pipeline and remain on track to roll out developments with a combined GDV exceeding RM2.
I-Bhd chairman Tan Sri Lim Kim Hong: By joining forces with AgiBot, we are making i-City the epicentre of AI and robotics innovation in Malaysia.
The group operates the Sri Bestari Private School, Sri Bestari International School and Manjaria Bestari Kindergarten.
Revenue rose 38% year-on-year (y-o-y) to RM235.