Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Invest RM200mil buy a new land with simedarby and rent to JV parnter and sharing 50% of cost.
The land rental is about RM3mill a year, the return is only 1.5% on return. After Sharing 50% of the cost the return for the land rantal is only 0.75%, its too narrow in this join venture
Monkey, the main investment for return is not from the rental. but behind the scene is to buy at a low price and sell at high price when market is good or use for development. This is a big holding company having a hundred of brains to analyze and assess before they would to buy or invest.