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Investment EKOCHERAS @ JALAN CHERAS (V4) [MRT PROPERTY] [OT], Where Cheras becomes Mont'Jiulai

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Gary
post Oct 16 2015, 09:00 PM

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From: Rock Caves
Soa signed for 18 months but 2a billing has not even come in yet.
Even if they drawdown from bank....also risky and scary
.....scare abandon
Gary
post Oct 16 2015, 11:04 PM

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From: Rock Caves
Feedback ade. But they give some general reason.

Gary
post Dec 4 2015, 10:23 PM

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From: Rock Caves
I have received a letter on the change of chargee from ambank to cimb bank. They wan us to sign the letter to give consent. In pursuance to clause 2.2 in spa.
But the clause mentioned they must show evidence of ambank discharge on the encumbrance.
If u guys have a 90% loan, it may delay the drawdown as the chargee is changed. And late drawdown will incur interest charges.
They basically refinance the land to get more money out of it.

Gary
post Jan 5 2016, 07:51 AM

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From: Rock Caves
Hi. So now any billing?anyone received 2a?

 

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