Thanks God , Monde is here - still alive ! I will be there wearing custom made - specially tailored T shirt with " DR W " Logo....Eager to meet you , Monde & Co . Will HANTAM Top Management Kaw Kaw especially the Boss "PONDAN Donald "
TRX talks are ongoing, says Nexgram Business Corporate Malaysia
Nexgram Holdings Bhd is still in negotiation to buy a parcel of land in 1Malaysia Development Bhd’s Tun Razak Exchange (TRX). CEO Datuk Larry Tey Por Yee told The Malaysian Reserve that the company is trying to get the best price for the land, which is seen to be one of the stumbling blocks for the purchase. “We are negotiating with them on several pieces of land at the moment, however, nothing has yet to be decided. We are still very cautious in terms of the cost and the kind of return we can benefit from. “However, if the margin is not that attractive because of the land price, then of course we will not proceed (with the negotiation),” Tey told reporters after the company’s EGM in Kuala Lumpur yesterday. Early May this year, Nexgram was reported to be interested in purchasing the remaining land in TRX as it believed in the potential value of the development despite 1Malaysia Development Bhd (1MDB) being debt-ridden. TRX is a brain child of 1MDB where it is set to be developed into Malaysia’s leading international finance and business hub. The 28.32ha land is one of 1MDB’s high profile property projects. Another development project in 1MDB’s portfolio is Bandar Malaysia. According to Tey, Nexgram will continue to be prudent in acquiring land for its property business which it entered into three years ago.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Monde
1,105 posts
Posted by Monde > 2018-12-27 22:36 | Report Abuse
See u guys tomorrow?