Is the construction sector back in favour?
Investor sentiment has been boosted by talk of ECRL’s revival
Investor sentiment has been boosted by talk of ECRL’s revival
Sharil was speaking at the Nomura Islamic asset management 10th anniversary investment forum here today.
The REIT attributed the minimal growth to lower revenue, though lower advertising and promotional expenses of RM1.6 million and maintenance expenses of RM1.8 million helped sustain its NPI.
The agreement provides for the option to enter into a sale and purchase agreement and leaseback of two pieces of land in Penang, coupled with the factory and all buildings erected on the site, for RM50 million.
The contract is to undertake basement and sub-structure works for the proposed Pavilion Damansara Heights (PDH) Parcel 2 mixed development at Jalan Damanlela, Kuala Lumpur.
Founder takes back reins, appoints Top Glove’s Lim Wee Chai as chairman.
As for new projects in FY19, Country View is planning to launch new three-storey semi-detached homes at Taman Nusa Sentral.
"The scope of works includes earthworks for track diversion, building platform and track embankment, ground treatment, surcharging, sand blanket, sub-ballast, retaining structure, trackside drainage, track culvert and river protection.”
Mohd Nazri is taking over from Datuk Abdul Mutalib Alias, who had been the CEO since July 2011.