In a bourse filing on Thursday, the trust said Pacific Trustees Bhd, acting as its trustee, has entered into four separate sale and purchase agreements (SPAs) for the acquisitions.
This was contributed primarily by the property development segment from progressive construction of its ongoing projects.
Adjacent to Residensi Suria Madani is M Aspira.
“Government incentives and subsidies can help offset the initial costs and encourage wider adoption.
This is mainly due to higher income as a result of higher progress billing, unrealised gain on quoted shares and lower finance cost following debt reduction initiatives.
What you wouldn’t give for an unhurried morning stroll along the lake and breakfast on your patio, serenaded by singing birds, while the sun peeks through a canopy of leaves.
MBAM president Oliver Wee Hiang Chyn: “The construction industry is in for a bumpy ride if we still refuse to embrace the disruption of technology and advocate for [sustainability].
The proposed investment is anticipated to feature an AI university and data centre within the park, and could generate 5,000 jobs over the next five years.
The group’s Suria KLCC and the retail podium of Menara 3 Petronas, which represent the retail segment, recorded notable increases of 8% and 11% in quarterly revenue and profit before tax respectively.
Shenton House is located in Singapore’s Central Business District with 204 strata units on site.
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