Ivory Properties says group CEO cooperating with MBI investigations
Ivory Properties has been in Practice Note 17 (PN17) status since 2022 after its auditor flagged its ability to continue as a going concern.
Ivory Properties has been in Practice Note 17 (PN17) status since 2022 after its auditor flagged its ability to continue as a going concern.
Sime Darby Property said its property development segment continued to be the main revenue contributor, accounting for 93.
Quarterly revenue inched up 1.
The Light Waterfront Penang is a freehold integrated development along the Tun Dr Lim Chong Eu Expressway in Gelugor, jointly developed by IJM Land Bhd and Perennial Holdings.
According to the group, the termination was prompted by recent economic conditions, which led both companies to re-evaluate the proposed transaction and re-examine the parcels of land identified for disposal.
The development will feature two smart warehouses equipped with AS/RS systems, one for advanced cold chain logistics and the other for high-efficiency ambient storage, providing approximately 1.
KTISB will pay for the complex construction and, in return get the 65 acres as payment.
The space will be used for commercial operations and under International Financial Reporting standards, with the tenancy agreement treated as the acquisition of a right-of-use assets, which Parkson booked at about 14.
Setia Federal Hill offers a distinctive residential experience where modern luxury meets city-centre convenience, surrounded by lush greenery and serene landscapes.
The group declared an interim dividend of three sen per share, to be paid on Sept 18.