MegaHarta looks to strengthen foothold in industrial property
It also introduced a new Master Data programme to enhance client interactions, streamline agency operations and sharpen its negotiators’ competitive edge in this new digital age.
It also introduced a new Master Data programme to enhance client interactions, streamline agency operations and sharpen its negotiators’ competitive edge in this new digital age.
The acquisition, which is the REIT's largest acquisition since its listing on the Main Market of Bursa Malaysia in 2017, is scheduled to be completed by the first quarter of 2025.
Precinct B of Ion Belian Garden comprises 186 units of single-storey terrace houses, targeted for completion by 2026.
Gamuda’s established regional presence, track record, and the current growth in DC investment position the group well for further opportunities, according to Hong Leong Investment Bank (HLIB) Research.
The proposed acquisition is in line with the company’s goal to build more affordable homes towards its objective of completing 50,000 affordable homes throughout the nation by 2028.
Over the next 15 years, the plant is projected to create nearly 3,000 skilled jobs, and “significantly reduce production cycles, enhancing efficiency and competitiveness in the semiconductor industry”.
More than a dozen analysts covering the stock raised their target prices to also account for the stronger-than-expected results announced on Tuesday.
The acquisition of the service centres, one in Seksyen 51A of Petaling Jaya and another in Batu Caves in Gombak, is expected to generate a starting gross yield of about 6.
But the declines in topline contribution were offset by higher year-on-year revenue across the group’s other segments, led by the road maintenance and property development divisions.