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.
Participants are required to analyse the site and come up with innovative ideas that will contribute to placemaking and enhancing community engagement while preserving the identity, culture and heritage of the area.
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 YPLab initiative this year wants to look at reactivating spaces for the community’s needs through the lens of the younger generation.
Total revenue of RM605 million; 76% from property development activities.
The group is expected to record a net loss of about RM22.
For the first half ended June 30, Sunway REIT’s NPI advanced 12.
The official launch of SouthPlace 2 Shoppes & Residences, which was previously soft launched in May, also comes on the heels of Tropicana’s announcement of upscale supermarket Mercato as the anchor tenant at SouthPlace Shoppes & Residences.
In a bourse filing, the group said its 60%-owned subsidiary LFE Development Sdn Bhd (LDSB) inked the joint venture agreement (JVA) with the owner of the land, Aziho Trading Sdn Bhd (ATSB), for the development of the project known as Taman Residensi Mesra Phase Four.
Country Heights attributed the default to differences in cash flow timing due to delays in client payments, resulting in a temporary cash flow constraint.