UEM Sunrise and WCT had today signed a conditional subscription and shareholders agreement, under which UEM Sunrise proposed to buy a 50% stake in the expanded share capital of Jubiliant Courtyard Sdn Bhd (JCSB) for RM214.88 million.
“This is a minute amount in comparison to the demands for this type of housing, said Opposition assemblyman Ee Chin Li.
Menteri Besar Datuk Seri Mohamad Hasan said before Seremban could be declared a city, Seremban municipal council (MPS) and Nilai municipal council would have to be merged.
The group saw its revenue for 3QFY15 surge 19-fold to RM275 million from RM14.38 million a year ago, its filing with Bursa Malaysia yesterday showed.
The company said its wholly-owned subsidiary, Tebrau Bay Sdn Bhd, had accepted the offer for the two land parcels in Plentong, Johor, measuring a combined 92.83 acres.
As one of the Klang Valley’s most popular urban centres, non-landed residences in the Damansara/Bandar Utama areas comprise mostly of condominiums targeted to the upper-middle class segment.
Making its return to the Top 10 this year is IJM Land Bhd (No 2), a huge jump from its 14th spot last year.
The hikes will last until its concession period ends in 2038, Deputy Works Minister Datuk Rosnah Abdul Rashid Shirlin said today.
We are wary of the local property and land sales moving forward due to the unfavourable sentiments surrounding Nusajaya and the general weaker outlook for the sector. The stock was removed from the MSCI Malaysia Index on May 13, 2015.
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