Glomac says 3Q profit fell as property development business hit by MCO
The group said net profit dropped 32.54% to RM8.12 million from RM12.04 million in 3QFY21, as revenue fell 17.82% to RM81.67 million from RM99.39 million.
The group said net profit dropped 32.54% to RM8.12 million from RM12.04 million in 3QFY21, as revenue fell 17.82% to RM81.67 million from RM99.39 million.
Noteworthy:
Leasehold
Built-up: 3,420 sq ft
Land size: 1,875 sq ft
Three rooms, four bathrooms
Unfurnished
Amenities: Within a 20-minute drive to nearby supermarkets such as AEON Mall Taman Equine and Giant Hypermarket Seri Kembangan, 11-minute drive to IOI City Mall, 19-minute drive to The Mines Shopping Mall, Universiti Putra Malaysia and close proximity to public hospitals
When: September 2021
According to the Bond and Sukuk Information Exchange (BIX) website, the IMTN will pay a semi-annual coupon rate of 3.48%, with the first coupon payment date targeted for Sept 29, 2022, while the last coupon payment date will be March 29, 2027.
With 100,000 sq ft, the artisanal mall has been developed to pay homage to Malaysian creators and crafters. The mall has been carefully curated with heritage architecture and is able to house up to 100 artisanal brands.
According to a press statement on Tuesday (March 29), Phase 2 has a gross development value of RM107 million. It consists of 118 double-storey cluster homes and semidee homes with built-ups starting from 2,608 sq ft and priced from RM763,000. The development is expected to be completed in the first quarter of 2025 (1Q2025).
Earnings per share climbed to 0.12 sen from a net loss per share of 0.05 sen, according to the group's bourse filing on Monday (March 28).
“The Board of Directors of Malton wishes to announce that the validity period of the MoU, which was in force for a period of 12 months, has expired on March 25, 2022,” said Malton in a bourse filing.
In a statement, Yondr Group chief executive officer Dave Newitt said: "Malaysia is a significant part of our expansion plans within Southeast Asia. Our ability to secure this critical location in Sedenak Tech Park complements our existing presence in Jakarta, Indonesia and further bolsters our strategic presence in this high growth market. Johor is in close proximity to other key data centre metros, including Singapore, which offers valuable interconnectivity routes, representing a true benefit for the group’s clients, especially in combination with the scalability in meeting requirements of power and land."
Dubbed Suria Square, it consists of 115 units of double-storey shop-offices sprawling across 18.51 acres of land in Puncak Alam. These come with built-up areas of 3,047 to 4,922 sq ft with prices starting from RM806,000. They are targeted to be completed in 36 months.
AME REIT, an Islamic REIT on the Main Market, will have an initial fund size of 520 million, according to the integrated industrial space solutions provider in a bourse filing.