KFC can?

.

This post has been edited by cyang: Apr 1 2016, 10:33 PM

Laku area where got dump. Tak laku ones only dump lo.. Where got everywhere like u claimed

KFC in exchange of insider news? so cheap?

Are you sure already confirmed bought? I thought that piece of land already bought by Boustead?

Some of my personal thought:
1. That pieces of land is too small to build a township, and EcoWorld's company direction are to build large township
2. Geographically this pcs of land is hard to develop, due to hill, lake, uneven land etc, which one would need to put a lot of cost to for foundation work.
3. If Eco World were to buy this land, there would be a EGM for proposed land purchase, and I am not aware of this EGM going to happen anytime soon.

true also...but i think ecoworlds will build a mixed development project since this is so near to the toll...perhaps the land also not cheap...unless they buy it 10 years ago....

Listed company practise, if acquire new land, should make public announcement to Bursa. Unless the deal is still in a very preliminary stage.

No, that pcs of land is belongs to some bumi GLC, if i remember correctly

So far based on Ecoworld annual report, they have no land bank in Setia Alam.

that's great! i like their project in sanctuari...just that it was a leasehold land...i am sure this is gonna be a freehold land like setia alam!!! hopefully they got big plan for commercial as well so we no need to travel out...gonna stay tune for this project !!!

This is the last news that we have on dec 2015:


BOUSTEAD TO GAIN RM194 MILLION FROM STAKE SALE
Shares Investment December 30, 2015 Stock Market

Boustead Holdings’ wholly-owned unit, Bakti Wira Development, will dispose its 30 percent stake in loss-making Jendela Hikmat (JHSB) for RM180 million.
JHSB is involved in property development and owns five parcels of land, measuring 577.6 acres; three of which are located in Bukit Raja, Selangor, one plot of land each in Klang and Kuching.

The group is expected to reap a net gain of RM194.5 million, based on the its cost of investment and after adjusting for share of losses, impairment of goodwill, as well as tax and expenses arising from the proposed disposal.

Siginificance: According to Boustead, the disposal – subjected to approval of shareholders at an extraordinary general meeting – represents an opportunity to realise its investment at a premium, over the adjusted effective net assets of JHSB. Barring unforeseen circumstances, the deal is expected to be completed by 3Q16 and proceeds will be used for working capital purposes.



This post has been edited by kelchai: Apr 1 2016, 06:15 PM

dunno which land u mention

Chili pan mee has one branch at bandar bukit tinggi, opposite Giant, same row with Sen Heng.

PT9

Bdr Bukit Tinggi banyak jauh leh..

After checking the google map, there is activities of clearing of land at that areas (next to toll). It has the size as big as SA northern.

Mmm...if really eco world....that will also help to boost up SA. A new route from SA to Shah Alam (U12) .... mmm....

Is it going to be great?

Well, they might come out with new housing concept just blend into SA township. Geographically is hard but not can't ...see Sunway Quay project....

For me it doesn't work that way.. although i also wish to be true.. let's take a bet..

ya lor. i know of some kampungs low cost rent higher than SA low cost. double in fact.

Whether Eco World or not, whatever coming out from that highland, must exclusive & luxury, price surely above millions

Will likely effected SA sales on these future SA Percinct 11 Semi D, upcoming 30 x 75 Semi D, Duta Villa, The Circle Collection (Bungalows), Setia Eco Park and those sub sales above RM 1 million and above...

So those SA property under RM 1 millions, will still selling like hot cakes....

This post has been edited by Mighty Duck: Apr 2 2016, 08:08 AM