Magna Prima to acquire remaining 30% stake in property development unit for RM46 mil
In a bourse filing on Tuesday (Aug 22), Magna Prima said it had on Tuesday inked a sale and purchase agreement with Lee Shu Shun for the proposed acquisition.
In a bourse filing on Tuesday (Aug 22), Magna Prima said it had on Tuesday inked a sale and purchase agreement with Lee Shu Shun for the proposed acquisition.
The construction segment’s profit before tax (PBT) surged more than seven-fold to RM8.
“Through stringent processes and thorough inspections, we make sure to deliver homes that meet or surpass industry requirements and stand the test of time.
Participants are required to analyse the site and come up with innovative ideas that will contribute to placemaking and enhancing community engagement while preserving the identity, culture and heritage of the area.
Revenue for the period rose 2.
DONE DEAL: Serviced residence, Residensi Damansara Glomac, Kuala Lumpur DONE DEAL: Bungalow, Kajang, Selangor Situated in the affluent neighbourhood of Damansara Heights, Kuala Lumpur, the bungalow is surrounded by an array of conveniences.
The development’s two-storey retail mall offers 118 commercial units and a total lettable area of 235,500 sq ft, with Village Grocer occupying 20,558 sq ft and eyeing to open its doors in 3Q2024.
The group has extended its strong sales momentum by securing RM305.
The rating of the sukuk programme of AA +IS has been affirmed by MARC Ratings Bhd with a stable outlook, the group said.
At the same time, Ewein managing director Chuah Poh Lim, 55, will step down from his role “to focus on Ewein’s subsidiaries business performance”.