LBS Bina pays 4.7 sen dividend for FY2024, highest in seven years
The property developer had previously paid a special dividend of 2.
The property developer had previously paid a special dividend of 2.
The group has, via its wholly owned SkyWorld Development (Vietnam) Co Ltd (SkyWorld Vietnam), inked a memorandum of understanding (MOU) with Dong Me Kong Construction Manufacture Trading Service Co Ltd (DMK) and Phu My Development Investment Joint Stock Company (PM) for the purpose.
Open house hosted by the Consulate General of Malaysia on April 5.
According to its exchange filing on Wednesday, the property is being purchased from Ahmad Fuad Ismail and it comprises two individual titles with a combined land area of approximately 401.
A case management was held on Thursday before senior assistant registrar Nur Shasha Hidayah Nor Azhar, where a representative from the Attorney General’s Chambers had entered an appearance for the FT Land and Mines Department.
The review also found that many JV companies shared common addresses and company secretaries.
The project, a joint venture with Belgium-based Port of Antwerp-Bruges International (PoABI), is designed to be a long-term, sustainable maritime and industrial hub that is centred on value-added and innovation-driven industries.
“Make sure that what is advertised is already in the sale and purchase agreement (SPA).
“If you have multiple phases, there are still some issues and grey areas that need to be addressed … We’re seriously looking into it with the government now, hoping that [the old act will be] overhauled to address these issues, especially those concerning strata management,” Tan said.
As part of the proposed listing of Paradigm REIT, shareholders also approved the proposed disposal of three prime retail properties — Bukit Tinggi Shopping Centre (BTSC), Paradigm Mall Petaling Jaya (PMPJ) and Paradigm Mall Johor Bahru (PMJB) — to Paradigm REIT for RM2.