Crescendo buys two plots of land in Johor Bahru for RM72m
The total gross land area is approximately 3.
The total gross land area is approximately 3.
Putrajaya’s housing programme is to be guided by the concept of shelter as a basic need and human right, instead of homeownership.
ECM Libra said its wholly owned unit ECM Libra Desaru Sdn Bhd is acquiring the entire equity interest of Desaru Beachfront 2 Sdn Bhd, owner of a 36,831-square metre plot, for RM17.
In a bourse filing on Wednesday, the construction outfit said the exercise will involve the issuance of up to 94.
In a sector update on Thursday, the research house said that moving forward, the federal government may now be able to focus its efforts to roll out big-ticket infrastructure projects, in addition to implementing institutional reforms.
The 99-year leasehold property is on industrial land that measures some 4,868 square metres (sq m).
In a research note, TA noted that the proposed disposal for RM52 million translates into a premium of 4% over the property’s market value, and would result in a net gain of RM400,000 for the group.
Net proceeds of RM50.
The Practice Note 17 (PN17) company said this in a bourse filing on Friday, two days after Bursa Securities rejected its earlier appeal against the proposed delisting and its request for an extension of time to submit its regularisation plan.
The two blocks of building in Jalan Jalil Perkasa 1 comprise a seven-storey data centre and a five-storey data centre, the group added in a bourse filing.