An 84ha site in North Melbourne up for sale
Seven adjoining landowners have banded together to offer an 84.21ha (208.1-acre) gateway development site in Melbourne’s northern growth corridor.
Seven adjoining landowners have banded together to offer an 84.21ha (208.1-acre) gateway development site in Melbourne’s northern growth corridor.
After two months of negotiations with Permodalan Nasional Bhd (PNB) to acquire I&P Group Sdn Bhd, S P Setia Bhd is proceeding with the deal for a price of RM3.65 billion.
Gamuda Bhd's net profit grew 11% to RM170.93 million in its third quarter ended April 30, 2017, from RM152.69 million a year earlier, driven by higher progress of works on the MRT2 project.
The seven plots of freehold land are to be developed as a mixed development at the absolute discretion of Fame Action as the developer, said Global Oriental.
Yeoh, who has been instrumental in securing jobs from China Railway Construction Corp Ltd, was first appointed as joint CEO of Vivocom in November 2015, together with Anne Kung Soo Ching at the time. Kung has since retired in May 2016.
Mercury Securities said the offer is unfair because the offer price represents a discount of 49.3% to 49.86%, or RM1.75 to RM1.79, from its estimated fair value range.
Bina Darulaman Bhd (BDB) has issued its maiden sukuk, RM50 million Sukuk Wakalah, the first tranche of the Kedah-based property and construction company's seven-year, RM100 million Sukuk Wakalah Programme.
Asian cities are the most expensive cities for expatriates, according Mercer’s 2017 Cost of Living Survey.
UOL says the deal will bring it closer to its aim of achieving statutory control in UIC in the future.
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