YNH Property surges 11% to three-week high after default remedy
YNH rose as much as 11% to 50 sen, its highest since April 8, 2024.
YNH rose as much as 11% to 50 sen, its highest since April 8, 2024.
The group also said it has issued a clarification to bondholders via Malaysian Trustee Bhd on the issue, as well as its mall sale proceeds, bond collateral and the appointment of a new auditor.
“We would like to make it clear that Tan Sri Vincent Tan Chee Yioun has not participated in any such discussions, and refute the inaccurate claims presented in the article.
JRG chairman Tengku Datuk Abu Nirah has expressed his confidence that the development will be a catalyst for socio-economic growth in the East Coast region.
For the full year of FY2024, net profit increased by 35.
The job scope includes the construction of 30 floors of business serviced apartments comprising 553 units, and eight podium floors — six floors of parking, one floor for residents' facilities, and one floor of business space.
Spanning 117 acres in southern Klang Valley, the 12-phase Senna Puteri will be developed over the next 10 years, offering residential, commercial, recreational areas, green spaces, community hall, surau and more.
On transfer of the land to Eden's unit Stratavest Sdn Bhd (STV), Eden will pay ZESB the balance of the land value, net of the debt, that amounts to RM4.
This is not the first time Fajarbaru has won a contract from WCT.
The proposal calls for the issuance of up to 100 million redeemable preference shares to Sumurwang Sdn Bhd at RM1 apiece, according to an exchange filing.