The project is scheduled to commence on Nov 13, 2023 and to be completed by May 12, 2025 and contribute positively to the group’s future earnings over the duration of the LOA.
DONE DEAL: Terrace house, Taman Tan Yew Lai, Kuala Lumpur DONE DEAL: Terrace house, Tropicana Golf & Country Resort, Selangor Bukit Damansara is an upscale residential area nestled within bustling Kuala Lumpur.
The Local Government Development Ministry’s initiatives to assist affected homebuyers include issuing letters to confirm the status of the projects, to be presented by the buyer to financial institutions, and entities such as the Employees Provident Fund (EPF) and the Public Sector Home Financing Board (LPPSA).
The unit clinched the two-year contract from GDP X Properties Sdn Bhd and the project is expected to be completed by December 2025.
According to a joint statement, the co-investors have signed a sale and leaseback agreement with Osram Opto Semiconductors Sdn Bhd.
BTS would also mean buyers could decide based on the finished product, which would inadvertently lead to improved workmanship and material quality.
Axis REIT had kept an acquisition target of RM170 million for FY2023, said Kenanga, noting that in the context of the current surge in the supply of industrial properties, the REIT may face heightened competition as potential tenants may be spoilt for choice.
This collaboration paves the way for I-Bhd to launch its latest five-dimensional edutainment facility with the latest immersive technology in i-City by December.
CIDB’s bid to elevate the quality of Malaysian buildings is laudable and a move in the right direction.
The independent review was carried out at the request of Baker Tilly to determine the possibility of related party transactions concerning JV and turnkey contracts entered into by YNH.
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