Stock Infographics

Worth Subscribing to NCT Alliance Private Placement ?

DonkeyStock
Publish date: Fri, 11 Aug 2023, 12:13 PM
Visual content on financial market and investment trends

NCT Alliance, a property firm that's all about reviving those left-behind projects, is back in action, seeking more funds by dishing out shares once again. They already pulled this move off around 10 months back. This time, it's all about fueling their property developments, namely the Grand Ion Majestic and Ion Vivace projects. Grand Ion Majestic is nestled up in Genting Highlands.

When the borders eventually open up, property up in the Highlands tends to make a splash, but it's a bit of a flash in the pan. Another player in the Genting scene, Tropicana Corp, had big dreams but had to pump the brakes due to the demand tapering off after a quick burst post-Covid. And let's not forget the hefty price tag and logistical conundrums of erecting a skyscraper-condo on a soaring 1800 meters – it's not exactly a breeze.

I'm all for NCT Alliance's admirable mission of resurrecting forgotten projects, but am I gonna jump in as a shareholder? Gotta say no, especially since many property developers with prime land reserves are currently up for grabs at rock-bottom prices.


Source: iSquare​

More articles on Stock Infographics
MPHB Capital Privatization: A Questionable Valuation

Created by DonkeyStock | May 28, 2024

Higher offer price for MPHB Capital Bhd ?

DC Healthcare’s Financial Roller Coaster

Created by DonkeyStock | May 27, 2024

DC Healthcare Bhd has delivered a worsening financial result

These investors are mastering the real estate game.

Created by DonkeyStock | Jan 04, 2024

Property investing by these visionary Singapore-based companies

Why Guan Chong Bhd share price reach Covid 19 low ?

Created by DonkeyStock | Jan 03, 2024

Discover the factors behind this surge, the challenges faced by top cocoa producers, and the ripple effect on chocolate manufacturers

Companies that delivered significant profit growth in the latest quarter

Created by DonkeyStock | May 03, 2023

Companies listed on Bursa Malaysia with an outstanding quarter results for the month of Apr 2023.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment