LBS Bina to buy M3 Mall owner-operator for RM105 mil
Constructed on a 3.2-acre (1.29ha) leasehold land, M3 Mall is part of a larger mixed development project known as Medan Mega Melati, which also includes the M3 Residency.
Constructed on a 3.2-acre (1.29ha) leasehold land, M3 Mall is part of a larger mixed development project known as Medan Mega Melati, which also includes the M3 Residency.
Ahead of its planned completion in 2027 to reap the economic benefits of the project
Khalid, aged 60 this year, will take over the chairmanship in the government-owned public transport operator from Tan Sri Ismail Adam, whose term ended on Aug 31.
TRC Synergy said the project would contribute positively to the group's future earnings and earnings per share.
The authorities are ramping up action against condo and apartment owners defaulting on maintenance payments — by raiding their units and seizing movable items.
Ekovest expects SPE, River of Life, DUKE Phase-2's toll revenue, and unbilled sales from property development activities to contribute positively to the group's future results.
Dubbed the “VD TBM 2.0”, the 6.6m diameter machines were constructed by German tunnelling expert Herrenknecht AG’s Chinese subsidiary — Guangzhou Herrenknecht Tunnelling Machinery Co Ltd.
Although the group is in diversification mode, the construction division will remain its core business.
Currency market movements can have a significant impact not only on the return provided by an overseas asset, but also on the flow of international capital into property markets, said global property consultancy Knight Frank.
Sold for: RM290,000 (RM341 psf); Concluded by Raymond Yii (REN 20381) of BT Properties (011-3315 4820); When: March 2017
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