The total contract price for the project is fixed at RM20.1 million and is expected to achieve commercial operations on July 31, 2022, according to Solarvest’s bourse filing on Thursday (March 24).
In a statement on Thursday (March 24), the firm said its unit Kejuruteraan Bintai Kindenko Sdn Bhd (KBK) had accepted two letters of award from TNB, appointing it to be the contractor for both contracts.
Gamuda recorded higher joint venture contribution in the quarter, its filing showed. Group earnings per share rose to 7.05 sen, from 4.9 sen per share in 2QFY21.
The company said it could not make the payment within 30 days of the letter of demand dated Feb 4 because it was unable to obtain the relevant financial information within the agreed timeline.
According to a statement by the company, WBG signed a memorandum of understanding (MoU) with SANY’s local subsidiary Sany Construction Industry Development (M) Sdn Bhd on March 3 to further explore the partnership.
The Southern Klang Valley township is also the first private township to receive this recognition from the Environment and Water Ministry in collaboration with the Malaysian Green Technology and Climate Change Centre (MGTC).
In a statement, Kerjaya Prospek Property executive chairperson Datin Toh Siew Chuon said: “This green loan marks a significant milestone for us in our sustainability journey. It is a testament to our commitment to include more sustainable developments [in] our portfolio and to be more responsible in our development and construction practices. We are optimistic about embracing green initiatives and we will be launching more green developments in the near future.
The programme will enable qualified potential homeowners to take advantage of HouzKEY’s 100% financing without the need for down payments and with low monthly payments with its competitive home financing rates. There will also be zero payments required during the project construction period.
According to Supermax, the facility will comprise a total of eight buildings, with an investment of US$350 million earmarked for the first four construction phases.
In a statement, Setia Awan Group central region chief operating officer James Bruyns said: “One of the key factors that contributed to the good response of Phase 1 was the My First Home Scheme programme that makes property ownership a seamless process for first time homebuyers. The project's strategic location and it being a transit-oriented development is another winning factor for the encouraging take-up rate. We foresee continued response from the market for the SOHO Suites 1.”
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