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six million. The four Houses comprise two items of freehold land in Bangsar in which its Balai Berita headquarters is situated, a piece of freehold industrial land with properties erected in Shah Alam where its printing plant is located, and One more bit of freehold industrial land, also in Shah Alam.
in the submitting with Bursa Malaysia yesterday, S P Setia stated the overall health Ministry was content that the circumstances set out during the privatisation settlement were fulfilled and the productive date in the privatisation arrangement had been established to become June 17.
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a few months back, NSTP’s big shareholder Media Prima Bhd (MPB) proposed a share swap work out to get the company personal. The First a single-for-a single share exchange comes with one particular free of charge MPB new warrant for every 5 NSPT shares recognized.
“there are actually not quite a few lots [of land] still left which have been undeveloped in Bangsar. There is certainly only a little parcel in Jalan Penaga for any bungalow development and a few lots in Jalan Kapas for the superior-rise development.”
Had it not been for that disposal of your belongings for a total of RM280 million, Media Prima might have recorded a loss of RM100.seven million.
While media organizations drop assets and preserve dollars to trip out tough instances during the marketplace, Media Prima is doing just the alternative.
The asking rates of Business office units putra heights land in UOA Bangsar are from the area of RM850 psf, which happens to be about 30% better compared to initial developer’s marketing prices of RM650 psf.”
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"The terraced residences in Bangsar which were built-in the sixties had been offered for about RM18,000 in those times. right now, some of them are going for RM2 million or even more," states Lou.
Stephen Tew, running associate of Hectares & Stratas Sdn Bhd, suggests since the space is a first-rate site, land house owners wishing to go into commercial development will not confront important difficulties as DBKL has always wished to shift industrial functions away from the city.
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He reminded interested customers to set aside An additional RM750,000 to RM1 million for refurbishment as most landed residences in Bangsar are outdated and may have to have renovations and improvement to accommodate fashionable needs.