MITRAJAYA HOLDINGS BERHAD (Company No

Total Page:16

File Type:pdf, Size:1020Kb

MITRAJAYA HOLDINGS BERHAD (Company No MITRAJAYA HOLDINGS BERHAD (Company No. 268257-T) 0 10 350 0 10 20 20 0 350 340 10 0 350 340 30 20 340 30 330 MITRAJAYA HOLDINGS 330 330 40 30 40 320 320 320 0 10 40 0 10 20 50 350 20 50 310 340 310 30 310 30 50 330 40 40 60 60 300 320 300 50 300 50 60 BERHAD 310 60 70 60 70 290 290 0 290 300 0 30 70 30 70 70 (Company No. 268257-T) 330 280 80 280 80 0 30 60 290 0 30 60 80 80 30 280 80 30 60 300 60 280 60 270 270 90 90 90 90 90 90 90 90 90 90 270 270 270 120 120 120 100 100 100 120 120 120 260 260 260 120 120 150 150 150 100 100 100 | 260 260 150 150 150 180 180 180 240 240 110 110 110 100 100 ANNUAL REPORT 201 260 260 150 150 150 250 250 250 250 250 210 210 110 110 110 120 120 120 180 180 180 110 110 240 240 250 250 130 130 130 240 240 240 120 120 120 230 230 140 140 140 120 120 240 240 220 220 230 230 230 150 150 150 130 130 130 210 210 130 130 160 160 160 200 200 170 170 170 230 230 220 220 220 190 190 180 180 180 MITRAJAYA HOLDINGS BERHAD 7 140 140 140 140 (Company No. 268257-T) 140 210 210 210 220 220 150 No. 9, Blok D, Pusat Perdagangan Puchong Prima, 150 150 150 150 200 200 Persiaran Prima Utama, Taman Puchong Prima, 200 160 160 210 210 190 190 47150 Puchong, Selangor Darul Ehsan. 190 170 170 160 160 160 180 180 180 200 Tel : (603) 8060 9999 200 170 170 170 190 190 180 180 Fax : (603) 8060 9998 180 E-mail : [email protected] www.mitrajaya.com.my ANNUAL REPORT 2017 002 Mitrajaya In The News 023 Sustainability Report 062 Reports And Financial Statements 003 Corporate Information 044 Corporate Governance 170 Shareholding Analysis 004 Corporate Structure Statement 173 Warrantholding 005 Board of Directors 052 Audit Committee Analysis Report 006 Directors’ Profile 176 List Of Properties 055 Nomination And 008 5 Years Financial 181 Notice Of Annual Highlights Remuneration Committee Report General Meeting 010 Chairman’s Statement 057 Statement On Risk Form Of Proxy 012 Management’s Management And Discussion And Internal Control Analysis 060 Other Information contents MITRAJAYA HOLDINGS BERHAD ANNUAL REPORT 2017 MITRAJAYA IN THE NEWS 002 ANNUAL REPORT 2017 MITRAJAYA HOLDINGS BERHAD CORPORATE INFORMATION Board of Directors General Tan Sri Ismail Tan Sri Dato’ Seri Mohamad Bin Hassan (R) Noor Bin Abdul Rahim Independent Non-Executive Chairman Independent Non-Executive Director Tan Eng Piow Ir Zakaria Bin Nanyan Group Managing Director Independent Non-Executive Director Foo Chek Lee Roland Kenneth Selvanayagam Executive Director Independent Non-Executive Director Cho Wai Ling Executive Director SECRETARY PRINCIPAL BANKERS SOLICITORS Leong Oi Wah ABSA Bank Limited (South Africa) Joseph Ting & Co. (MAICSA No. 7023802) Al Rajhi Banking & Investment Suite 12, 13 & 14, Corporation (Malaysia) Bhd 6th Floor, IOI Business Park, AmBank Islamic Berhad No.1, Persiaran Puchong Jaya REGISTERED OFFICE AmBank (M) Berhad Selatan, No. 9, Blok D, CIMB Islamic Bank Berhad Bandar Puchong Jaya, 47170 Pusat Perdagangan Puchong Hong Leong Bank Berhad Puchong, Prima, Hong Leong Islamic Bank Berhad Selangor Darul Ehsan. Persiaran Prima Utama, HSBC Amanah Malaysia Berhad Taman Puchong Prima, Malayan Banking Berhad Lio & Partners 47150 Puchong, Maybank Islamic Berhad B-9-4, Setia Walk, Selangor Darul Ehsan. OCBC Al-Amin Bank Berhad Persiaran Wawasan, Tel : (603) 8060 9999 OCBC Bank (Malaysia) Berhad Pusat Bandar Puchong, Fax : (603) 8060 9998 RHB Islamic Bank Berhad 47160 Puchong, United Overseas Bank (Malaysia) Selangor Darul Ehsan. Berhad AUDITORS Tee Bee Kim & Partners Baker Tilly Monteiro Heng No. 21-4, Jalan PJU 1/42, SHARE REGISTRAR (AF 0117) Dataran Prima, Baker Tilly MH Tower, Tricor Investor & Issuing House 47301 Petaling Jaya, Level 10, Tower 1, Avenue 5, Services Sdn Bhd Selangor Darul Ehsan. Bangsar South City, Unit 32-01, Level 32, Tower A, Van Der Merwe Du Toit 59200 Kuala Lumpur. Vertical Business Suite, Avenue 3, Bangsar South, Brooklyn Place, No. 8, Jalan Kerinchi, Cnr Bronkhors and Dey Streets, 59200 Kuala Lumpur. Brooklyn, Docex 110 Pretoria, Tel : (603) 2783 9299 Republic of South Africa. Fax : (603) 2783 9222 STOCK EXCHANGE LISTING Main Market of Bursa Malaysia Securities Berhad Stock Name : MITRA Stock Code : 9571 003 MITRAJAYA HOLDINGS BERHAD ANNUAL REPORT 2017 CORPORATE STRUCTURE MITRAJAYA HOLDINGS BERHAD Company No. 268257-T 100% 100% 100% 72% 100% Mitrajaya Pembinaan Mitrajaya Skyway Daya Development Mitrajaya Homes Development Asfalt Sdn Bhd Sdn Bhd Sdn Bhd Sdn Bhd Sdn Bhd 100% 60% 100% 100% Mitrajaya Warisan Kemajuan Kina-Bijak Dutawani Sdn Bhd Sekim Baru (formerly known as Sdn Bhd Sdn Bhd Mitrajaya Equipment Sdn Bhd Resource Sdn Bhd) 100% 60% Centennial Leo Vista March Sdn Bhd Sdn Bhd 100% 100% 100% 100% Awana Primaharta Prisma Development Sdn Bhd Sdn Bhd Mitrajaya Maha-Mayang SA (Pty) Ltd Sdn Bhd 60% 100% 35% Eminent Mitrajaya Earnings Maha-Mayang Development Sdn Bhd Quarry SA (Pty) Ltd Sdn Bhd 100% Kyalami & Mitrajaya Civil Engineering Construction 100% (Pty) Ltd 100% Property Development Blue Valley Kyalami & Golf & Country Mitrajaya SA (Pty) Ltd Club (Pty) Ltd Quarry Operations Others 004 ANNUAL REPORT 2017 MITRAJAYA HOLDINGS BERHAD BOARD OF DIRECTORS Sitting (from left to right): Tan Eng Piow (Group Managing Director) General Tan Sri Ismail Bin Hassan (R) (Independent Non-Executive Chairman) Foo Chek Lee (Executive Director) Standing (from left to right): Ir Zakaria Bin Nanyan (Independent Non-Executive Director) Roland Kenneth Selvanayagam (Independent Non-Executive Director) Tan Sri Dato’ Seri Mohamad Noor Bin Abdul Rahim (Independent Non-Executive Director) Cho Wai Ling (Executive Director) 005 MITRAJAYA HOLDINGS BERHAD ANNUAL REPORT 2017 DIRECTORS’ PROFILE GENERAL TAN SRI ISMAIL BIN HASSAN (R) Independent Non-Executive Chairman General Tan Sri Ismail Bin Hassan (R), aged 75, was appointed as an Independent Non-Executive Director of Mitrajaya Holdings Berhad (“MHB”) on 9 August 2000. He was appointed the Chairman of the Company on 26 November 2009. He is a member of the Audit Committee and the Nomination and Remuneration Committee. He is also a Director of Pembinaan Mitrajaya Sdn Bhd. He graduated from the Universiti Sains Malaysia with a Bachelor of Social Sciences Degree (Hons in Politics). In the Military Professional Education, Tan Sri Ismail graduated from Command and General Staff College, Fort Leavenworth, Kansas, USA (on Commandant’s List) in 1975, from Joint Services Staff College Canberra, Australia, in 1982 and he is also a graduate of the National Defense University, Washington, DC, USA in 1987. Later he was inducted into the NDU International Fellows Hall of Fame, in recognition of outstanding achievement accorded to the graduates of the University who had achieved the highest rank/ appointment in their respective Service. Prior to joining MHB, Tan Sri Ismail has served as a Commission Officer in the Malaysian Army for 36 years and he held many key appointments at Field Command, Training Command and the Ministry of Defence levels before retiring as Chief of Army in December 1997. Currently, he also holds directorships in Simbiotik Ventures Sdn Bhd and Alfa Venture Sdn Bhd. TAN ENG PIOW Group Managing Director Tan Eng Piow, aged 64, was appointed as Group Managing Director of MHB on 9 September 1994. He is one of the founding members of Pembinaan Mitrajaya Sdn Bhd. He holds a Bachelor of Civil Engineering (Honours) degree from University of Malaya, which was obtained in 1977. He is also a Member of the Institution of Engineers Malaysia. He began his career as Works Engineer with Jabatan Kerja Raya – JKR (Public Works Department) from 1977 to 1979. From 1980 till 1985, he was a Project Manager with Perkuat Kuari Sdn Bhd (Quarry Operation). He has over 35 years of extensive technical and management experience in the construction industry and has been actively involved in the management and operations of the MHB Group. He also oversees the Group’s development, growth and expansion. FOO CHEK LEE Executive Director Foo Chek Lee, aged 63, was appointed a Director of MHB on 1 August 1995. Currently, he is an Executive Director of MHB. He is also the Managing Director of Pembinaan Mitrajaya Sdn Bhd. He graduated from University Technology Malaysia in 1978 with a Bachelor of Civil Engineering (Honours) degree. Prior to joining MHB, he served with Jabatan Kerja Raya (Public Works Department) for a period of 14 years. He last served as Assistant Director of Roads, JKR Kelantan Darul Naim from 1989 to 1991, after which he joined Pembinaan Mitrajaya Sdn Bhd as General Manager. He has over 35 years of extensive technical and management experience which includes all aspects of civil engineering construction and project management. He is a board member of Construction Industry Development Board (CIDB) and NIOSH Certification Sdn Bhd. He also serves as President of Master Builders Association Malaysia and Council Member for both International Federation of Asian and Western Pacific Contractors’ Associations (IFAWPCA) and Asean Constructors Federation (ACF). CHO WAI LING Executive Director Cho Wai Ling, aged 45, was appointed as an Executive Director of MHB on 1 September 2014. She graduated from University of Malaya in 1998 with a Bachelor of Accountancy (Honours) degree and has been a member of the Malaysian Institute of Accountants since 2001. She started her career with MHB in 1999 as an Executive in the Finance & Accounts Department and rose from rank and file to managerial position and in 2005 was promoted to Group Finance Manager.
Recommended publications
  • Mah Sing Group Bhd TP: RM1.07 (+17.6 %) Last Traded: RM0.91 Rd 3 Land Acquisition for 2019 Buy
    COMPANY U PDAT E Wednesday, August 07, 2019 FBMKLCI: 1, 611.79 Sector: Property THIS REPORT IS STRICTLY FOR INTERNAL CIRCULATION ONLY* Mah Sing Group Bhd TP: RM1.07 (+17.6 %) Last Traded: RM0.91 rd 3 Land Acquisition for 2019 Buy Thiam Chiann Wen Tel: +603-2167 9615 [email protected] www.taonline.com.my Buying 4.5 acres of leasehold land in Wangsa Melawati for RM62.0mn Share Information Mah Sing announced that it had entered into a sale and purchase agreement with Bloomberg Code MSGB MK Stock Code 8583 KLFA Properties Sdn Bhd for the proposed acquisition of a parcel of leasehold Listing Main Market land in Wangsa Melawati, Setapak, Kuala Lumpur, measuring approximately 4.5 Share Cap (mn) 2,427.7 Market Cap (RMmn) 2,197.1 acres for RM62.0mn (or RM315psf). Note that the land is purchased with the 52-wk Hi/Lo (RM) 1.32/0.89 benefit of approved development order for residential development. 12-mth Avg Daily Vol ('000 shrs) 961.4 Estimated Free Float (%) 34.2 Beta 0.81 Located in Matured Neighbourhood Major Shareholders (%) The land is 900m on foot from the Wangsa Maju Mall’s covered walkway to Sri Tan Sri Dato' Sri Leong Hoy Kum - 35.0 EPF - 8.7 Rampai LRT Station. Furthermore, the land is also surrounded by the highly Lembaga Tabung Haji - 5.8 populated and established neighborhoods such as Lembah Keramat, Wangsa KWAP - 5.0 Maju, Desa Setapak, Setapak Jaya, Setiawangsa, Ukay Perdana and KL East. Located 9km away from KLCC, the project is only 800m from MRR2 with easy Forecast Revision FY19 FY20 access to Duke (3km), Jalan Ampang (5km), Jalan Genting Kelang (3km) and Jalan Forecast Revision (%) 0.0 0.0 Tun Razak (8km).
    [Show full text]
  • Unparalleled Connectivity
    Unparalleled With easy access to LRT and other public transit, Quinn is in a strategic location Connectivity just 8km from KL City Centre. It is well connected with 6 highways nearby like DUKE, MRR2, AKLEH, Karak Highway and the upcoming SPE and SUKE. TO GENTING/ KUANTAN Batu Caves AY H W TO I G MIDDLE RING ROAD 2 KA R A K H PUCHONG TRANSPORTATION Gombak oa ntegrated e nternational cool - Sri Rampai LRT Station 100m GOMBA Transort erinal of uala uur - Wangsa Maju LRT Station 1.5km T niersit TAMAN - Gombak Integrated 4.6km MELATI ollege alaysian nstitute of rt Transport Terminal Setapak WANGSA elaati all MAU Zoo egara alaysia EDUCATION SRI RAMPAI Aeon la ngle Wangsa Maju - Fairview International 2.7km Wangsa al all - Sri Utama International 3km Sri taa Fairie JALAN GENTINGnternational KLANG nternational - Tunku Abdul Rahman 3.8km DUTA ULU-KELANG EXPRESSWAY ULU-KELANG DUTA Scool Scool University College Seri iana uit iana reen ast inding TO DUKE KLIA rigton SHOPPING SETIAWANGSA nternational itiangsa itiangsa Scool Lae ar Lae ardens - Wangsa Walk Mall 300m - Aeon Big Wangsa Maju 800m DATO SUKE DAMAI ERAMAT - Melawati Mall 2.7km ELATE JALAN AMPANG AKLEH leneagles Y Kuala uur Petronas LCC AMPANG A HEALTHCARE Tin owers PAR W KL S Toer S - Columbia Asia Hospital 4.7km KLCC E ar R P - Gleneagles Hospital 5.4km X MIDDLE RING ROAD 2 E I - KPJ Ampang Puteri 6.8km ailion A T N A Specialist Hospital P - A S Kuala G N Lumpur A e W IA oal elangor Ampang T Excange E olf lu ilir ar Ampang 106 S TO SUBANG TO PUTRAJAYA A DEVELOPMENT BY SALES GALLERY MCL LAND (QUINN) SDN BHD 494602-A 1-800-88-0088 No.
    [Show full text]
  • WANGSA MAJU Moves up the Value Chain Closecl to Kualak L Lumpurl Cityi Centre Andd Connectedd Bby Rail,Il the Area Is a Hotspot for Student Housing
    MAKE BETTER DECISIONS FRIDAY DECEMBER 18, 2015 ISSUE 2070/2015 A PULLOUT EVERY FRIDAY WITH Read this copy online @ theedgeproperty.com MAKE BETTER DECISIONS PP 9974/08/2013 (032820) Enter now for tickets ep18 DEALMAKERS ep20 HOME IDEAS ep22 FEATURE to seminars in PJ (Jan 9 & 10) & Penang (Jan 24). Making his own luck London trending: Your personal Hanging Find out how at Bold graphics & Gardens of Babylon theedgeproperty.com modern exotics WANGSA MAJU moves up the value chain CloseCl to KualaK l LumpurL cityi centre andd connectedd bby rail,il the area is a hotspot for student housing. And now, it’s looking attractive to professionals and expats. See story on pages ep10 & 11. SHAHRIN YAHYA/THE EDGE PROPERTY EP2 FRIDAY DECEMBER 18, 2015 • THEEDGE FINANCIAL DAILY FRIDAY DECEMBER 18, 2015 • THEEDGE FINANCIAL DAILY EP3 EP4 FRIDAY DECEMBER 18, 2015 • THEEDGE FINANCIAL DAILY FRIDAY DECEMBER 18, 2015 • THEEDGE FINANCIAL DAILY EP5 FRIDAY DECEMBER 18, 2015 • THEEDGE FINANCIAL DAILY EP6 PROPERTY | NEWS ON NEWS ROUNDUP Go to theedgeproperty.com for more property news hor and Kota Kinabalu. at www.theedgeproperty.com Th e contest campaign drew to a close with a third and fi nal draw event, after the fi rst two in Sep- tember and October. Th e contest was open to all S P Setia property purchasers who had signed their sale and purchase agreements this year. 1MDB Real Estate is now Lee bagged an all-expenses paid SM Prime Holdings appoints Sunway Bhd — TRX City trip to London, Melbourne, Qin- Aurecon as designer of SM Malaysia’s No 1 Debt-laden 1Malaysia Development zhou, Ho Chi Minh City, Singapore Megamall Towers developer Bhd’s (1MDB) property arm, 1MDB and Langkawi in addition to several Th e Philippines’ largest shopping Real Estate Sdn Bhd (1MDB RE), is other prizes.
    [Show full text]
  • Sunway Berhad
    TODAY, TOMORROW & BEYOND SUNWAY BERHAD 1 Corporate Profile • Sunway Bhd was listed under the Main Market of Bursa Malaysia on 23 August 2011 following the merger between Sunway Holdings Bhd and Sunway City Bhd • The enlarged Sunway Bhd currently has a market capitalization of approximately RM9.1 billion • Sunway Construction Group Bhd was listed under the construction sector on 28 July 2015 and has a market capitalization of approximately RM3.0 billion • Including Sunway REIT, Sunway Group has a combined market capitalization of RM17.1 billion As at FYE 2011 FYE 2016 29 Sept 2017 Sunway Berhad Share Price (RM) 2.55 3.03 1.84 No. of Shares ('000) 1,292,505 2,063,067 4,918,111 Market Capitalisation RM3.3 bil RM6.3 bil RM9.1 bil Revenue (RM'000) 3,691,712 4,655,592 3,651,936 Core PATMI (RM'000) 327,070 555,897 398,924 FYE FYE FYE FYE FYE FYE Total 5 Year RM (sen) 2011 2012 2013 2014 2015 2016 Returns Normal Dividend - 6.00 10.00 11.00 11.00 9.00 47.00 Special Dividend - - - - 38.00 3.14 41.14 Total Dividend - 6.00 10.00 11.00 49.00 12.14 88.14 2 Strong Financial Performance Sunway Berhad 31-Dec-12 31-Dec-13 31-Dec-14 31-Dec-15 31-Dec-16 30-Sep-17 Audited^ Audited Audited Audited Audited Unaudited RM mil RM mil RM mil RM mil RM mil RM mil Revenue 4,128.8 4,721.4 4,558.1 4,448.4 4,655.6 3,651.9 PBT 839.6 1,900.4 960.2 930.4 859.0 621.3 EBITDA 1,125.5 1,937.0 1,108.4 1,074.3 1,044.1 756.9 PATMI # 438.8 1,490.4 734.0 732.4 585.9 455.7 CORE PATMI # 350.7 484.0 583.9 564.2 555.9 398.9 ROE (%) 13.6% 28.0% 12.4% 11.2% 7.8% N/A # Reduction in PATMI contribution from the construction division to 54.4% from 100% following the listing of Sunway Construction Group Berhad in July 2015.
    [Show full text]
  • Mah Sing Group
    COMPANY U PDAT E Wednesday, May 05, 2021 FBMKLCI: 1,588.25 Sector: Property THIS REPORT IS STRICTLY FOR INTERNAL CIRCULATION ONLY* Mah Sing Group Bhd TP: RM1.27 (+27.2%) Last Traded: RM1.00 Second Land Acquisition in 2021 BUY (ESG: ★★★★ ) Thiam Chiann Wen Tel: +603-2167 9615 [email protected] www.taonline.com.my Buys Land in Setapak Share Information Mah Sing’s wholly-owned subsidiary, Nova Century Development Sdn Bhd, has Bloomberg Code MSGB MK Stock Code 8583 signed a sale and purchase agreement to acquire a parcel of leasehold land Listing Main Market measuring 5 acres at Tempat Jalan Genting Kelang, Setapak, KL from Teratai Share Cap (mn) 2,427.7 Constructors Sdn Bhd for a purchase consideration of RM89mn. Market Cap (RMmn) 2,427.7 52-wk Hi/Lo (RM) 1.47/0.42 12-mth Avg Daily Vol ('000 shrs) 33,183.8 A Matured Neigbourhood with Ready Amenities Estimated Free Float (%) 49.1 Beta 1.4 The land is located within the vicinity of matured neighbourhoods such as Major Shareholders (%) Danau Kota, Desa Setapak, Setapak Jaya, Wangsa Maju, Taman Melati, Tan Sri Dato' Sri Leong Hoy Kum - 34.3 Titiwangsa and Setiawangsa. Located just 6.6km away from KLCC, the land PNB - 12.6 EPF - 4.9 enjoys excellent connectivity via Jalan Genting Kelang, Middle Ring Road 2, KWAP - 4.6 Duke Expressway, Jalan Tun Razak as well as the Setiawangsa-Pantai Expressway, which is currently under construction. In terms of public Forecast Revision transportation, the land is only 2.1km away from Wangsa Maju LRT Station and FY21 FY22 2.2km away from Sri Rampai LRT Station – see Appendix 1 .
    [Show full text]
  • Quinn-Simplified-Brochure.Pdf
    Quintessential New Urban Living Quinn is the new choice for a progressive city lifestyle away from the city, yet close to it all. It features 361 residential units designed with resort-style verve, surrounded by nature’s rustic wonders. Just next to Sri Rampai LRT and 6 stops from the Golden Triangle, Quinn presents a smarter, more enjoyable opportunity for living well. It is the quintessential new archetype for city living. PANORAMIC VIEW OF KUALA LUMPUR CITY CENTRE A View Quinn features a stylish 42-storey tower with layouts to fulfill every living Above It All aspiration. It offers breathtaking views of Kuala Lumpur City Centre’s skyline and sweeping vistas of the wondrous Quartz Ridge. UNHINDERED VIEW OF KLANG GATES QUARTZ RIDGE Live Like A Quinn Next To The City, Close To Nature Everything you need is right at home or within easy reach. Quinn gives you access to the most exciting lifestyle pursuits as well as a setting for more laid-back living. AT THE EDGE OF IT ALL A HIGH-LIFE IN THE CITY Wangsa Maju is a tranquil and Quinn is 100m from Sri Rampai LRT convenient neighbourhood that features Station with access to the capital’s best parks, shopping spots, educational shopping, fashion and entertainment. institutions, local and international food The capital’s financial district is close as well as amenities for families. enough for short commutes. Enjoy the Quinn is connected to Wangsa Walk Mall local food scene or zip into town for via a 300m covered Link Bridge for international cuisine. more lifestyle choices.
    [Show full text]
  • A TRULY AFFORDABLE LUXURY Grand Entrance Artist Impression
    A TRULY AFFORDABLE LUXURY Grand Entrance Artist Impression Sunway Property is proud to unveil Sunway Avila Residences, an irresistible opportunity to own a luxury urban residence at affordable prices. Located in the matured township of Wangsa Maju, this desirable address has all the qualities of a complete urban lifestyle: Elegant and practical design, top notch facilities, tasteful landscaping and conveniences of public amenities and transportation within reach. A Desired KL Address Sunway Avila is city living at its best. It fulfills the need of daily conveniences a thriving city can offer with well- 6.5km to KLCC connected public transportation. The layout offers optimum combination of space, practicality and comfort catered for family needs. Amidst the luxury setting, be rejuvenated at any time with our fine choice of facilities. KLCC KL Tower Actual Photo Indulge in the Affordable Luxury Olympic length Infinity Pool Freehold Covered Walkway to Sri Rampai LRT Station • 6 LRT stops to KLCC (12mins ride) • Interchange to MRT at Pasar Seni station • Direct line from Wangsa Maju to PJ & Subang Jaya Strategic Location • Located within the matured Wangsa Maju township with full amenities Practical & Comfortable Layout • Built up from 732 sq.ft. - 1,227 sq.ft. • 2 - 4 bedrooms Integrated Development with Retail Shops at your Convenience Artist Impression Welcoming Lobby Artist Impression Come Home to Elegance A statement of entrance you will be proud of, and be the envy of your guests. Meticulously built on an exquisite landscaping and tastefully finished with neo modern architectural design, it strikes a memorable first and a lasting impression. Main Drop off Area Artist Impression Facilities that Reinvigorate Your Senses and Spirituality Every facility has been thoroughly planned and designed for individual and family needs.
    [Show full text]
  • Minium Villa Wangsamas
    LISTINGS . NEW LAUNCHES . NEWS . DATA . ANALYTICS A PULLOUT EVERY FRIDAY WITH Th eEdgeProperty.comPP 9974/08/2013 (032820) FRIDAY, APRIL 22, 2016 . ISSUE 2152/2016 ONLINE + OFFLINE Where do I get a copy of this weekly pullout? 3 COMMENTARY Half of overhang 5 NEWS housing units are JPPH aims to Go to priced at RM300,000 introduce rental data TheEdgeProperty.com and below by October this year to download for free 4 NEWS tep8 FEATURE UEM Sunrise to unveil Property market dips Melia Residences in 2015, expected to this weekend stabilise GRAPHICS: NURUL AIDA MOHD NOOR | TheEdgeProperty.com Can you get a penthouse Live the in the Klang Valley for RM1 million or less? Check out the seven penthouses in that price high life range on Pages 6 & 7. for under RM1 million TEP 2 FRIDAY APRIL 22, 2016 • THEEDGE FINANCIAL DAILY NEWS HIGHLIGHTS from TheEdgeProperty.com LRT Kelana Jaya Line Latitud 8 at Jalan Ampang to be unveiled Johawaki extension on track to by year-end Development to start operations end- Crest Builder Holdings Bhd has facilities, offi ce space, small offi ce/ launch fi nal phase of June enterd into a joint venture (JV) fl exible offi ce (SoFo), small offi ce/ Avanti Residences Th e construction of the new LRT with Prasarana Malaysia Bhd and home offi ce (SoHo) and duplexes, Johawaki Development Sdn Bhd Kelana Jaya Line extension pro- Detik Utuh Sdn Bhd to develop as well as a rooftop lounge and bar. is set to launch the third and fi nal ject (LEP) is currently progress- Latitud 8, a 2.72-acre mixed-com- “We plan to soft launch the res- phase of its Avanti Residences in ing to the fi nal stage, and the line mercial development which has idential units in Singapore and Saujana Permai U17, Shah Alam is on track to begin operations a total gross development value Hong Kong as well as Malaysia over two days starting May 7.
    [Show full text]