last FY dividend 0.5sen, the year before 1sen ... although small, but still pay dividend.. . last qtr result profit RM11 mil .. result Y)Y almost the same.. but today share now drop to 9.5sen ... hmmmmm ...
When you buy a condo in L&G /mayland projevt. Say total 3000 units. Only 2000 units sold. Ea h unit have to pay quit rent and maintainance fee. Unsold unit have to br paid by developer. But when residence wants to check if developer got pay the maintaince and quit rent for the unsold unit, tjey were prevented from doing so.
The Puchong Jaya land may be expensive around rm440 psf but the high rise residential easily fetch RM1000 persf and hot area. expected launching probably next year 2023 contribution
KUALA LUMPUR (Jan 10): Land & General Bhd (L&G) is buying a 3.55-acre leasehold land within the main commercial centre of Bandar Puchong Jaya for RM68.04 million.
The land, belonging to Hartanah Idaman (M) Sdn Bhd, is located within walking distance of the IOI Puchong Jaya LRT station and IOI Shopping Mall, the property developer said in a filing with Bursa Malaysia.
“We are now lost, despite all attempts, including meeting with the developer and authorities on Oct 3. The authorities ordered the developer to settle the issue within three months. But, until now, there is no solution,” he was quoted as saying by Berita Harian.
Rahman said most buyers were civil servants paying instalments of between RM1,000 and RM2,000 which were debited from their monthly salaries since 2019.
In an immediate response, Sarawak premier Abang Johari Openg said the state government would take over the project once the legal issues had been sorted out as the developer was a listed company.
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