Analysts mostly positive on S P Setia-Mah Sing Semenyih land deal
For S P Setia, the developer expects to free up RM278 million of cash and a gain on disposal of RM31 million.
For S P Setia, the developer expects to free up RM278 million of cash and a gain on disposal of RM31 million.
DONE DEAL: Factory, Petaling Jaya, Selangor DONE DEAL: Commercial land, Persiaran Titiwangsa, Kuala Lumpur Located in the enclave of Damansara Heights or Bukit Damansara, Kuala Lumpur the property is surrounded by numerous conveniences and amenities.
“This came as not something bad actually.
“This sale is part of S P Setia's strategic plan to improve capital efficiency by monetising its identified land banks and aligns with the company's long-term plan to move towards a lighter asset structure.
The acquisition, which is expected to be completed by the first quarter next year, will expand the KIP REIT’s portfolio to 11 assets.
Up to 50% of the 410 available units are already reserved as the “high-rise condominium has generated significant interest among urban dwellers who value a quality lifestyle and captivating living environments”.
At the Building the Future ESG Conference 2023, Asia GreenTech Fund reveals who they are as venture capitalist, while panelists from REHDA, MAVCAP and Asia GreenTech Fund share their perspectives on Green Lending towards Sustainability.
The global shift towards ESG now means “from changing our behaviour, we can even make money”.
KidZania Singapore, which opened in July 2016 on Sentosa Island, Singapore, closed its doors permanently in 2020, hit by the Covid-19 pandemic.
See Yong & Son Construction Sdn Bhd is demanding that Seremban Engineering Bhd pays the first portion of the retention sum amounting to RM579,016, a performance incentive of RM463.