Owners of Jaya Grocer said to be mulling an IPO
Report: “Private equity (PE) fund-backed Trendcell Sdn Bhd’s attempt to sell its high-end grocery chain Jaya Grocer has hit a snag…”
Report: “Private equity (PE) fund-backed Trendcell Sdn Bhd’s attempt to sell its high-end grocery chain Jaya Grocer has hit a snag…”
“IWH has reached out to IJM Corp with a preliminary proposal for a three-way merger between both groups’ construction and property, plantation and highway divisions,” said a source.
The region recorded over US$34 billion (RM140 billion) in direct investments within the first quarter of 2021 – a decline of less than 1% y-o-y.
The best way to enjoy the city is on foot, where you can slowly drink in the sights and sounds.
“Penampang and Putatan have seen a surge in residential developments in recent years with prices going up.”
Luyang and Likas are chosen for their proximity to the city centre
In popular areas at the periphery of KK city centre like Luyang and Likas, double-storey houses are now on the market at an average of RM650,000 to RM800,000 while semidee units are going for between RM1 million and RM1.5 million.
“At first, I thought it was just neighbours on the top floor having a fight and didn’t realise the building was on fire,” said a resident.
“I think we need to hear from the relevant parties, like the MoE, which interestingly enough has been silent on this. They haven’t corroborated what the land and mines department said.”
Noteworthy:
● Freehold
● Semi-furnished
● Land area: 4,671 sq ft
● Built-up: 3,500 sq ft
● Seven bedrooms; seven bathrooms
● Amenities: About 1km to Tengku Ampuan Jemaah Royal Mosque and F&B outlets
When: Sept 2020