Kimlun lands RM238m apartment job in Selangor
Kimlun said its wholly-owned subsidiary Kimlun Sdn Bhd accepted the award from Melati Ehsan's unit Bayu Melati Sdn Bhd.
Kimlun said its wholly-owned subsidiary Kimlun Sdn Bhd accepted the award from Melati Ehsan's unit Bayu Melati Sdn Bhd.
In a statement on May 31, the developer said the figure was lower than the RM8 million it recorded a year earlier, primarily due to the expense of RM3.
The contract was for the proposed construction and completion of three phases of double-storey houses and other associated works in Hulu Langat, Selangor.
The last time Ekovest fell into the red was in 4QFY2022, with a net loss of RM123.
Ching and Ding have both reached the tenure limit allowed for independent directors after serving the company for over 12 years, according to the group’s filing on the local bourse on Wednesday (May 31).
Shareholders rejected the proposal for Star Media to sell a piece of land in Bukit Jelutong with the proposed buildings to Matang for RM33 million.
The lower earnings were also due to the higher selling and marketing expenses of RM4.
Block A has a total of 477 units with built-ups ranging from 560 sq ft to 1,050 sq ft with a starting price of RM294,000.
Aside from a land asset, the deal includes the sale of the two semi-detached buildings to Matang, which will be developed by Star Media at an estimated cost of RM14.
Its subsidiary Chin Hin Group Property Bhd is planning two new launches in 2023, being Avantro Residences in Bandar Kinrara and Ayanna Resort Residences in Bukit Jalil, with a total gross development value (GDV) of RM1.