Kerjaya Prospek Property plans to raise RM147 mil via rights issue of shares, loan stocks
The group said it expects the rghts issue of one new share for every two shares held at 20 sen per share, totalling 273.
The group said it expects the rghts issue of one new share for every two shares held at 20 sen per share, totalling 273.
Vun was the former MD and shareholder of FTEC Resources Bhd, which morphed into Tecasia Bhd and later Mangotone Bhd, before being delisted in 2010.
According to its bourse filing, the contract is set for a duration of 37 months, with construction work scheduled to commence on April 29, 2025 and slated for completion by May 28, 2028.
Constructed and designed by Singaporean developer Meir Homes, the now-completed 2-storey GCB has an approximate floor area of 29,665 sq ft, with a 25m swimming pool and an 18-seat theatre, amongst other features.
LSH Capital has signed a 20-year lease agreement with the government to operate and maintain the Kuala Lumpur Tower and its surrounding areas.
Ho has been Matrix Concepts' group MD since Sept 1, 2018.
The company said the MOU would remain valid for a period of 12 months.
MBSB Bank filed the summons to obtain an order for sale via public auction, citing the failure of KNM Process Systems to settle the outstanding amount of RM116.
This development follows Aberdeen's acquisition of 124.