Rahim & Co: Moderate growth of property market in 2023 likely to spill over into 2024
Abdul Rahim said the market in 2023 overall had pulled through with positive growth at a more moderate pace compared with the growth in 2022.
Abdul Rahim said the market in 2023 overall had pulled through with positive growth at a more moderate pace compared with the growth in 2022.
Avillion and 23 of its subsidiaries were listed among the 71 assets in the MACC charge sheet in its case against Daim.
MRT Corp is currently focusing on the land acquisition process, which involves over 1,000 lots of land, the majority of which are private lots.
Approximately RM4.1 million had been spent for the construction of these two amenities.
Earnings per share increased to 3.41 sen from 2.41 sen.
Avillion and 23 of its subsidiaries were listed among the 71 assets in the Malaysian Anti-Corruption Commission’s charge sheet, in its case against Daim.
YNH said its wholly-owned D’Kiara Place Sdn Bhd has inked a sale and purchase agreement with RHB Trustees Bhd, the trustee of Sunway REIT, for the sale of the seven-storey retail shopping centre.
Together, the settlement is expected to result in a net financial impact of RM15.2 million on the local-listed property player.
Its wholly owned subsidiary Optimal Property Management Sdn Bhd has accepted an interim settlement proposal (ISP) with Kolej Teknologi Islam Melaka Bhd (KTIMB) over its default and outstanding debts of RM58.9 million.
The related party transaction will see Sunsuria raise its stake in the property developer to 84%, from 51% currently.