News by M

To list its manufacturing business Furniweb Holdings Ltd

Two blocks of 372 units of serviced apartments and nine units of shoplots.

“The 270 families living in the quarters are now temporarily housed in the Teratai Residence apartments in Setapak…”

Going forward, Selangor Properties said the property investment division is expected to remain stable and will continue to contribute positively to the group.

It has decided to revise the exercise price of its proposed bonus warrants to 58 sen apiece, from 82 sen previously.

The property developer first announced its plan to list its manufacturing unit on HKEX on Sept 29, 2016.

Developer is putting on the back burner investments in countries such as India.

The cost for the RTS will also be finalised by the end of the year once its design is agreed by the operating company.

A similar charge had been imposed in other states including Selangor in 2010, Perak in 2012, and Kelantan and Kedah in 2015.

The restoration of The Royal Press in Melaka and rejuvenation of Art Printing Works in Kuala Lumpur have put both places in the spotlight.