|Last Price ||Avg Target Price || Upside/Downside ||Price Call |
|1.42 ||0.72 || -0.70 (49.30%) || |
|* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.|
|** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).|
|Date ||Open Price ||Target Price ||Upside/Downside ||Price Call ||Source ||News |
| No Price Target available for this stock. |
kp4803 JOHOR BARU: Businessman Datuk Lim Kang Hoo, who recently made a privatisation bid for developer Tebrau Teguh Bhd, is planning a more than RM13 billion project at Danga Bay here.
The soon-to-be-launched project is billed as the most exclusive and unique waterfront development in Iskandar Malaysia southern economic corridor over the next five years.
It will spread over 120 hectares at the estuaries of three rivers at the Danga Bay.
The Danga Bay waterfront development is an important component in one of the flagship developments in Iskandar Malaysia.
The site of the mega development is at two small peninsulas opposite the Danga Bay. The peninsulas are almost parallel to Sungai Sku-dai, Sungai Danga and Sungai Melayu.
Five commercial epicentres have been planned for the riverine development combining the best of the east and west cultural heritage which is set to become the jewel in the economic region.
The total project cost for the five epicentres, named The Venice, The Gateway, The Rivera, The Bund and The Fisherman Wharf, are estimated at RM13.4 billion
nicky Opened high closed low
jc5360 hope is not wrong look like for us to collect when retrace
Patrick Ashley Could Tebrau be the Malaysian partner in this venture? Don't remember any announcement with regard to Greenland Holding investment in Malaysia. This announcement was made in Shanghai. Is Greenland Holding going to develop the BUND(one of the five epicentres) on Tebrau's land?
stainlyho37 collecting in progress...but not enough seller....
theavengers finally news is out !! tomorrow rock d market !!
Patrick Ashley Heard in the 'coffee shop' great news is coming for Tebrau. So keep this stock with a longer term view. "Coffee Shop' talk is that Tebrau may be making profit in the region of billions! Talking rubbish?? Hmmm...I thought so too.... but 'coffee shop' talk is usually more accurate than the news we read in the main stream media.
nicky Open high close low
kp4803 Tebrau Teguh Bhd, a Johor company controlled by Tan Sri Lim Kang Hoo, may come under speculative play after news that The Greenland Group of China is acquiring a prime waterfront land in Iskandar Malaysia from a company in which Lim has interest.
The property conglomerate signed an agreement in Shanghai with Johor-based Iskandar Waterfront Holdings Sdn Bhd (IWH) for the purchase of 13.96 acres in Danga Bay for RM600 million, according to a IWH press statement.
The site, near Johor Bahru city, has been earmarked for a mixed integrated joint-venture development with IWH. This five-year project will have a gross development value (GDV) of RM2.2 billion.
“The Shanghai-based Group is keen to expand its land bank in Johor and is finalising talks with IWH and its associated companies for two or three more land acquisitions soon,” said IWH in the statement.
IWH is Lim’s partnership involving the state and federal governments and local investors. It is the master developer of some 1,620ha of waterfront land on the eastern and western sides of the Johor Causeway.
nicky The trend is open up n close down ...