Magna Prima to acquire remaining 30% stake in property development unit for RM46 mil
In a bourse filing on Tuesday (Aug 22), Magna Prima said it had on Tuesday inked a sale and purchase agreement with Lee Shu Shun for the proposed acquisition.
In a bourse filing on Tuesday (Aug 22), Magna Prima said it had on Tuesday inked a sale and purchase agreement with Lee Shu Shun for the proposed acquisition.
The construction segment’s profit before tax (PBT) surged more than seven-fold to RM8.
“Through stringent processes and thorough inspections, we make sure to deliver homes that meet or surpass industry requirements and stand the test of time.
Revenue for the period rose 2.
DONE DEAL: Serviced residence, Residensi Damansara Glomac, Kuala Lumpur DONE DEAL: Bungalow, Kajang, Selangor Situated in the affluent neighbourhood of Damansara Heights, Kuala Lumpur, the bungalow is surrounded by an array of conveniences.
The rating of the sukuk programme of AA +IS has been affirmed by MARC Ratings Bhd with a stable outlook, the group said.
At the same time, Ewein managing director Chuah Poh Lim, 55, will step down from his role “to focus on Ewein’s subsidiaries business performance”.
“Lagenda has a proven track record of delivering landed affordable housing with lifestyle facilities and our key projects have recorded take-up rates of above 90%.
Apex said house price-to-income ratio worsened, indicating rising prices and declining incomes.
According to RHB Investment Bank (RHB IB), which has received insights from real estate agency Knight Frank Malaysia, a lot of infrastructure projects, property developments, facility expansions and investments are “brewing” in Iskandar Malaysia, which is formed by major cities in Johor.