SGX's regulator, Singapore Exchange Securities Trading Ltd, granted the extension and allowed NSL shares to trade on the bourse in the meantime, according to the conglomerate's filing on Bursa Malaysia on Wednesday.
When the three properties are fully leased, CLMT is expected to generate an annual gross rent of RM5.
The company previously said the land “presents a strategic opportunity” for long-term value growth.
DONE DEAL: Residential land, Damansara Heights, Kuala Lumpur DONE DEAL: Condo unit, Verticas Residensi, Bukit Bintang, Kuala Lumpur Although Desa ParkCity is pretty mature for a township, potential homebuyers and investors can look forward to new developments, with approximately 23.
Deputy Works Minister Datuk Seri Ahmad Maslan said the fully tolled highway, which would run from Kampung Gemuroh in Kuala Terengganu to Kampung Tunjong in Kota Bharu, Kelantan, requires careful evaluation, particularly regarding its feasibility for concessionaires.
The group — comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust — declared a fourth interim dividend of 17.
Established in 2006, Pelaburan Hartanah is the property investment arm of Yayasan Pelaburan Bumiputera, aimed at facilitating Bumiputera investments in commercial properties.
Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi highlighted the sector's rapid growth, which attracted nearly 830,000 domestic and international tourists, generating an impressive RM54 million in revenue, last year.
Works Minister Datuk Seri Alexander Nanta Linggi said this measure would reduce the costs borne by the government in compensating highway concessionaires.
It is acquiring the stake through its wholly owned subsidiary, Ann Joo Management Services Sdn Bhd (AJMS), from KESB director Datuk Ong Tee Thong, according to a Bursa Malaysia filing on Tuesday.
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