HCK to settle bulk of RM113m debt owed to major shareholder Clement Hii by issuing new shares
The total sum GASB currently owes Hii stemmed from cash advances it obtained from him that amounted to RM119.
The total sum GASB currently owes Hii stemmed from cash advances it obtained from him that amounted to RM119.
In a filing with the stock exchange, the group said the bonus shares will be issued as fully paid, at no consideration and without capitalisation of the group’s reserves.
Selangor Menteri Besar Datuk Seri Amirudin Shari said Bandar Baru Bangi is a conducive area for not only residences but also for industrial activities due its strategic location, good connectivity and ample infrastructure.
Featuring properties from 10 locations within the developer’s townships in Kuala Lumpur, Shah Alam, Klang, Subang, Nilai, Sepang and Seremban.
The collaboration will have customers of NCT Smart Industrial Park enjoy up to 90% financing with an interest rate of 3.
With the introduction of the single family office scheme, coordinated by the Securities Commission Malaysia, Prime Minister Datuk Seri Anwar Ibrahim hopes to attract regional and Malaysian families to manage their family wealth from Malaysia.
The network will connect landing points in Johor Bahru to “various developments” within the Johor-Singapore Special Economic Zone, Johor Menteri Besar Datuk Onn Hafiz Ghazi said on Thursday during the Invest Malaysia conference.
The event is supported by the Ministry of Youth and Sports, and will feature a 5km fun run and a 21.
As of June 30, IGSB had net current liabilities of RM58.
The land disposal is to unlock the value and monetise its investment at a premium of a 28.