The project will have a a gross development value of RM192mil.
In a filing with Bursa Malaysia yesterday, Minply said the housing project comprised 1,586 single-storey terrace houses.
The development is expected to generate a profit of RM30mil over six years.
Minply said Timberion would undertake to submit the applications for the project and then construct and complete it at the company’s own cost and expense.
Under the sharing ratio, Timberion’s stake is 75% of all units developed and the remaining 25% will go to Elitprop.
By The Star
1 comment:
Hello everyone!
I would like to burn a theme at this forum. There is such a nicey, called HYIP, or High Yield Investment Program. It reminds of ponzy-like structure, but in rare cases one may happen to meet a company that really pays up to 2% daily not on invested money, but from real profits.
For quite a long time, I earn money with the help of these programs.
I don't have problems with money now, but there are heights that must be conquered . I make 2G daily, and my first investment was 500 dollars only.
Right now, I'm very close at catching at last a guaranteed variant to make a sharp rise . Visit my blog to get additional info.
[url=http://theinvestblog.com] Online investment blog[/url]
Post a Comment