Under the JVA, OCR Avenue, as the project developer, will be responsible for the construction and completion of the proposed project on the leasehold land belonging to Magna Ecocity.
With a planned gross development value of RM1.5bil, the proposed integrated eCommerce logistics hub is set to be OCR’s biggest venture into the commercial real estate (CRE) segment to date.
OCR managing director Billy Ong said the group’s maiden integrated eCommerce development would position the group to benefit from the secular strong growth of the e-commerce industry and CRE segment in the market.
brightening Prospects for construction ? Too Bad, OCR is not listed. But with recent open border can see that more and more people start to moving their house. Guess construction is time to collect money - Which I think is a good sign to reflect on coming quarter ? Or maybe 2-3 quarters.
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....