CLMT to sell 3 Damansara office tower to Lagenda Properties for RM52m
Net proceeds of RM50.
Net proceeds of RM50.
The group has not undertaken any equity fund-raising exercise in the past 12 months.
Following the transaction, Morning Crest's stake in E&O is down to 3.
“Polygon Properties is a company with a high adaptation level and that never stops learning.
St Giles Boulevard, which is part of the Mid Valley City mixed-use integrated development in Kuala Lumpur, is 28 storeys high and comprises 390 rooms.
Following the EV charging stations effort, other potential “upgrades” as part of the Sustainable Community Living are solar energy panels, artificial intelligent (AI) face recognition system, virtual fencing, autonomous cleaning robots, car plate recognition software, and sensor lighting.
Lion Industries said the disposal, which is part of the group’s strategy to divest its non-core assets, will allow the group to realise its investment in the land sold with a pro forma net gain of RM57.
Singapore registers as the top-performing market with 8% YOY growth.
This will provide “a more efficient route to the main traffic artery” and “a faster connection to Solaris Mont Kiara (via Jalan Duta Kiara) and the Mont’Kiara commercial hub (via Jalan Kiara)”.
As of Aug 21, Ekovest’s issued share capital stood at RM1.