Meanwhile IJM Properties, which currently own 60% in RPSB, will wholly-own the company as IJM seeks to commensurate Bandar Rimbayu, first launched in 2013, as a flagship township development.
These lands are strategically located within the proximity of multiple industrial parks and the region’s economic hub of Johor Bahru, being just 18 kilometres (km) away from Senai International Airport with its associated logistics and industrial hubs, and 39km away from Johor Bahru city centre.
The former auditor highlighted that the company recorded a net loss of RM79.
In a research note on Friday (Jan 27), RHB stated that the new Budget 2023 could see a downward revision or reallocation of the previously budgeted RM95 billion development expenditure, while the sizeable Borneo block n the unity government will have positive implications for higher revised expenditure for Sarawak and Sabah.
The freehold serviced apartment spread over 3.
Sales data indicated that 53% of purchasers were aged between 20 to 30 years old while 41% of buyers were from the 31 to 40 age group.
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Lagenda Properties managing director Datuk Jimmy Doh said the group’s bookings and sales momentum continued to be healthy, with unbilled sales of RM653.
A resolution pertaining to the disposal was passed by the shareholders by way of a poll at PRG's extraordinary general meeting on Friday (Oct 28), said Parkson in a filing with Bursa Malaysia.
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