For Sale – The Elements at Ampang. Freehold. Priced from RM470,000. A prestigious development by Mayland Group
For Sale – The Elements at Ampang. Freehold. Priced from RM470,000. A prestigious development by Mayland Group The Elements at Ampang is one of the latest promising developments in Kuala Lumpur that is set to create an experience of premier lifestyle living that is second to none. Built Ip : 640 sq ft – 1,570 [...]
PNB says it’s confident of SP Setia’s management team
By THE STAR KUALA LUMPUR: PermodalanNasional Bhd (PNB) wants to work with the current management of property developer SP Setia Bhd, andcontinue to deliver value to shareholders. Hamad: ‘We also have the responsibility to continuously seek long term value for our unit holders.’ In a statement, PNB said it hadconfidence in SP Setia’s existingmanagement team [...]
Mixed reaction to PNB offer to acquire property developer SP Setia
By THE STAR PETALING JAYA: Research analysts are divided on whether investors should cash out on Permodalan Nasional Bhd’s (PNB) offer to acquire property developer SP Setia Bhd’s shares at RM3.90 per share and 91 sen per warrant. Some analysts advised investors to accept the offer, which represents a premium of 11.4% for the ordinary [...]
Axis upbeat on Penang land
By THE STAR PETALING JAYA: Axis REIT Managers Bhd’s recent acquisition of real estate in Seberang Prai will give it a gross yield of 11% and a net yield of 10.2%, said chief executive officer and executive director Stewart LaBrooy. He said while Axis gearing levels would rise to 39% after this deal, they would [...]
PNB buys 23.5m SP Setia shares in open mart
By BERNAMA Permodalan Nasional Bhd (PNB), which has made an mandatory general offer to take over property developer, SP Setia Bhd, is accumulating the shares in the open market. In a filing to Bursa Malaysia, SP Setia said PNB has bought 23.5 million shares in the open market at RM3.868 a share, about four sen [...]
UDA, Pasdec to develop land in Bukit Tinggi
By BUSINESS TIMES UDA Holdings Bhd and Pasdec Corp Sdn Bhd, a wholly-owned subsidiary of PASDEC Holdings Bhd, today signed a memorandum of understanding (MoU) to jointly undertake a commercial development on a 60ha area in Bukit Tinggi, Bentong, Pahang. UDA Holdings chairman Datuk Nur Jazlan Mohamed said through this collaboration the land will be [...]
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