SCIB withdraws from 'long-delayed' JB hospital project
The group had issued a letter of withdrawal to Kencana Healthcare Sdn Bhd, and it was accepted on Thursday (Jan 26), said SCIB in a statement on Friday.
The group had issued a letter of withdrawal to Kencana Healthcare Sdn Bhd, and it was accepted on Thursday (Jan 26), said SCIB in a statement on Friday.
In a research note on Friday (Jan 27), RHB stated that the new Budget 2023 could see a downward revision or reallocation of the previously budgeted RM95 billion development expenditure, while the sizeable Borneo block n the unity government will have positive implications for higher revised expenditure for Sarawak and Sabah.
At the end of 4QFY2022, the REIT’s portfolio occupancy rate stood at 85.
The group said its wholly owned subsidiary Rexallent Construction Sdn Bhd has accepted the letter of award dated Jan 5 issued by ADM Design & Management Sdn Bhd.
Buyers from mainland China snapped up about US$2 billion (RM8.
The group also set apart RM2 million for the installation of a solar photovoltaic system.
DONE DEAL: Bungalow, Sentul, Kuala Lumpur DONE DEAL: Condominium, KLCC, Kuala Lumpur Bandar Putra Permai is a township in Seri Kembangan located in between Serdang and Putrajaya.
Paragon Union said the disposal provides an opportunity for the group to unlock and realise the value of the property, which it expects to record a net pro forma gain of RM11.
This issue of “vacant possession simultaneously with strata titles” has somehow been delayed these last few years since its inception because of some alleged technical problems.
A “sick” project is one that has been delayed by more than 30% compared to its scheduled progress, or one whose sales and purchase agreement (SPA) has lapsed, according to the National Housing Department.