jfm3737

jfm3737 | Joined since 2015-05-07

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2017-05-16 20:43 | Report Abuse

2mo your term ....mrcb huat ah.......

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2017-05-16 15:08 | Report Abuse

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2017-05-10 21:28 | Report Abuse

Malaysia tak boleh ! Siapa boleh lagi !

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2017-05-10 11:01 | Report Abuse

The Kwasa Damansara MRT station, which is one of the stations along the Sg Buloh-Kajang line.
The Kwasa Damansara MRT station, which is one of the stations along the Sg Buloh-Kajang line.

KUALA LUMPUR: The Employees Provident Fund (EPF) and Malaysian Resources Corp Bhd (MRCB) are expected to seal the shareholders agreement for developing the RM8bil main town centre of the massive Kwasa Damansara township by year-end.

In a filing with Bursa Malaysia on Tuesday, MRCB also announced that the size of the Sungai Buloh land, coded as MX-1, was now slightly larger at 64.3 acres (compared to 64.07 acres previously) following a subdivision.

The balance subscription payment for its 70% stake in Kwasa Sentral Sdn Bhd, the special-purpose vehicle to develop MX-1, has also been raised from RM735mil to RM737.88mil.

This balance (following an RM81.6mil advance payment) must be paid in full by Dec 29, or any other date agreed on in writing by the parties, said MRCB.

The latest revisions followed the signing of a second supplemental agreement between MRCB, Kwasa Land Sdn Bhd (the EPF unit tasked as Kwasa Damansara’s master developer) and Kwasa Sentral had on Tuesday.

The proposed share subscription in Kwasa Sentral was originally scheduled to be completed about two years ago - in the third quarter of 2015.

However, the target completion was moved to the second quarter of 2017 under a supplemental agreement inked between MRCB, Kwasa Land Sdn Bhd (the EPF unit tasked as Kwasa Damansara’s master developer) and Kwasa Sentral in August 2016.

Both supplemental agreements were meant to give “MRCB the flexibility to finalise its financing arrangements to satisfy the balance subscription payment closer to the unconditional date.”

To recap, the town centre contract was awarded to MRCB in June 2014 following a bid involving 20 large, well-known developers. MX-1 was the first tranche given out under the RM50bil township project sprawling 2,330 acres.

There was speculation, including by AmResearch, that MRCB was a frontrunner in the Kwasa Damansara project by virtue of it being an associate company of the EPF. (The retirement fund today holds a 33.5% stake in MRCB.)

The Kwasa Damansara project attracted a tremendous amount of interest, with the prequalification exercise reportedly drawing 152 developers.

Since MX-1, the EPF has awarded five more Kwasa Damansara development contracts - all for residential development - covering 53 acres with a combined gross development value of about RM2bil. There were also a couple of infrastructure contracts given out early last year and in 2015.

It was back in 2012 that the EPF announced it was buying the 2,330-acre Rubber Research Institute Land for RM2.28bil. The original plan was to develop the township over 10 to 15 years, with development to begin in 2013.

MRCB closed unchanged on Tuesday at RM1.68 per share, with 14.45 million shares changing hands.

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2017-04-26 12:55 | Report Abuse

limitup

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2017-04-14 16:52 | Report Abuse

in again

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2017-03-31 08:52 | Report Abuse

hahaha no hope liao

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2017-03-30 12:19 | Report Abuse

新闻
配合重大宣布 东家暂停交易
By Sangeetha Amarthalingam / theedgemarkets.com | March 30, 2017 : 11:32 AM MYT
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Translated by Google Translator:
选择语言​▼
(吉隆坡30日讯)配合一项重大宣布,东家(Eastern & Oriental Bhd)今早9时起暂停交易。

该集团今日向大马交易所报备说,马交所已批准其在上午9时至下午5时暂停交易的要求。

根据《The Edge》财经日报引述消息报道,该发展商据悉已找到一个策略投资者,注入新资本以启动斯里丹绒槟榔(STP)的2A期填海工程,为STP项目余下760英亩的一部分。

2A期涉及填253英亩(102.38公顷)地,发展总值估计为200亿令吉。

据说东家正与一家大型本地基金洽谈,以入股该项目。

早前有报道指,该集团打算找一个愿意收购该项目40%股权的投资者。

该股昨日涨16仙或8.2%,以2.12令吉挂收,市值为26亿7000万令吉。



(编译:陈慧珊)

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2017-03-24 12:22 | Report Abuse

contra player si liao

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2017-03-23 14:39 | Report Abuse

hahaha dream dream

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2017-03-23 14:39 | Report Abuse

closing 0.5

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2017-03-20 08:55 | Report Abuse

may be today.....boom

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2017-03-17 17:11 | Report Abuse

may be crazy on monday............

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2017-03-17 09:09 | Report Abuse

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2017-03-17 09:02 | Report Abuse

yayaya over 30 sen

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2017-03-16 16:30 | Report Abuse

wb nearly 30 sen

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2017-03-16 12:08 | Report Abuse

huat ah

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2017-03-16 11:35 | Report Abuse

next week wb over 30 sen

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2017-03-15 09:19 | Report Abuse

bomb today

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2017-03-13 16:17 | Report Abuse

mari mari OOO

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2017-03-13 12:40 | Report Abuse

morning profit taking,let see after 4,kekeke

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2017-03-13 11:21 | Report Abuse

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2017-03-13 11:09 | Report Abuse

may be 20 sen hahaha

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2017-03-10 15:14 | Report Abuse

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2017-03-09 10:31 | Report Abuse

son very strong

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2017-03-07 13:31 | Report Abuse

if mother 110 wb can go how far?

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2017-02-24 14:00 | Report Abuse

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