NCT plans another private placement to fund property development projects
Based on the illustrative gross proceeds, the company in a filing with Bursa on Thursday (Aug 10) said almost all of it or RM53.
Based on the illustrative gross proceeds, the company in a filing with Bursa on Thursday (Aug 10) said almost all of it or RM53.
The company stands to incur a gain of approximately RM7.
Tan and BLand are seeking general damages, compensatory damages, aggravated damages and exemplary damages.
The development will span over 100 acres of leasehold land and be developed in five phases over seven years.
“[From this average figure], clients will normally spend about 50% to 70% on furnishing.
In a filing with Bursa Malaysia on Thursday (Aug 10), the property developer said the proceeds from the sukuk will be utilised by EcoWorld Malaysia and its subsidiaries or any joint ventures related to them.
The Tank Stream Hotel is a 15-storey hotel building with 280 rooms.
In a filing to Bursa Malaysia on Thursday (Aug 10), the group reported that property operating expenses for the second quarter of 2023 (2Q2023) were RM9 million, marking a 4.
According to its 2022 annual report, as at Dec 30, 2022, executive chairman Tan Sri Ter Leong Yap is the largest shareholder of the company with a direct interest of 168.