Ivory Properties defaults on another loan, this time with Maybank for RM39 mil
Ivory has been loss-making since the financial year ended March 31, 2020 (FY2020), as it failed to achieve sufficient revenue to sustain its operating costs.
Ivory has been loss-making since the financial year ended March 31, 2020 (FY2020), as it failed to achieve sufficient revenue to sustain its operating costs.
The home units have spacious built-ups, which range from 2,381sq ft to 2,621sq ft, with four types of layouts, offering up to five bedrooms and five bathrooms for its largest unit.
Paramount, whose core business is in property development, holds 30.
Fiamma announced that its chairman Datuk Bahar Ahmad, 72, and Lim, 64, have resigned from their respective positions, effective immediately.
Location is said to be the main deciding factor in a property purchase.
"Elmina Business Park offers versatility for businesses of any scale with options that range from ready-built factories to customisable built-to-lease industrial properties.
We crucially need a system to establish the ratio of annual income to house price at 1:3 at the most and not 1:6 as it is now.
Malaysia’s CPI increased for the fifth consecutive month in August, coming at 4.
This was after AME REIT, the REIT arm of industrial property developer AME Elite Consortium Bhd had made its debut on Bursa Malaysia on Tuesday.
Sime Darby said its indirect wholly owned subsidiary Kumpulan Sime Darby Bhd (KSDB) has agreed to sell the 1,282-acre parcel for RM445 million.