Aaron Gee, exactly, 200m revenue(most of it) will be recognised in 4Q13 results coming up in end feb. Assuming a conservative net margin of 12-15%, net profit will be 24 to 30m
CT & all L&G stockholders.....as per report by The Sunday Star special property pullout today. A JV bet L&G and Mayland to develop a piece of land along Jalan Ampang. Estimated GDV RM788m & estimated profit RM230m.
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sephiroth
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Posted by sephiroth > 2014-02-13 09:05 | Report Abuse
Aaron Gee, exactly, 200m revenue(most of it) will be recognised in 4Q13 results coming up in end feb. Assuming a conservative net margin of 12-15%, net profit will be 24 to 30m