Magna Prima to dispose of commercial property in KL for RM56m
... which the property developer will use to help settle its debts.
... which the property developer will use to help settle its debts.
In fact, the MoF had no knowledge of the operation in SRC and it was unclear about the company’s business and investment activities up until 2015.
Kogilambigai also did not oppose the school's application for leave, but opposed the stay of proceedings.
“This is not a frivolous and vexatious application by the appellants. The High Court judgement is set aside.”
According to the latest March 2021 figures, the company said both traffic and sales had achieved 90% and 95% normalcy respectively in comparison to the same period in March 2019.
UMW Holdings has circa 732.4 acres of vacant land in Serendah HVM Park, with an estimated net book value of RM73 million or RM2.30 psf.
The initiative will see investments amounting to RM4 billion over the next five years.
The analyst said the negative deviation could be attributed to lower-than-expected rental income in 1QFY21 as a result of the imposition of MCO 2.0 (the second movement control order) and steeper-than-expected negative rental reversion.
It is understood that former Federal Court judge Datuk Seri Gopal Sri Ram and lawyer Damien Chan will appear tomorrow for the judicial review applicant.
Sarawak reported the highest number of daily new Covid-19 cases at 508, followed by Selangor and Johor at 431 and 387 respectively.