Titijaya Land Bhd plans to launch three projects in the financial year ending June 30, 2019 (FY2019), with a total gross development value of RM838 million.

Riveria City at KL Sentral is a mixed-use development comprising retail, office suites and serviced apartments.

“We are launching Phase 1, which comprises 784 office suites in the heart of the city. The GDV for this development is RM320 million,” says Titijaya Land Bhd executive director Charmaine Lim in an email interview.

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“The second project is Phase 2 of 3rdNvenue — 422 serviced apartments with a GDV of RM338 million. This development offers luxury living and a modern, metropolitan lifestyle. It is in a premium location in Embassy Row, Jalan Ampang,” Lim says.

Phase 1 of 3rdNvenue was launched last year and is about 70% taken up. The freehold development with a total GDV of RM2.1 billion will offer 2,500 serviced apartments, small office/home office units and retail lots in four towers of 42 to 48 storeys.

“Lastly, we are looking to launch a new development in Bukit Subang at Shah Alam called Damaisuria. It comprises serviced apartments, retail lots and shop offices in an urban park environment targeting young, urban folk who appreciate a natural environment and exclusive spaces,” she says.

“The GDV of the first phase of 370 serviced apartments and 20 double-storey shops at Damaisuria is RM180 million,” she says, adding that more details will be revealed soon.

For FY2018, Titijaya Land has achieved a revenue of RM399.03 million.

“It is 4.8% higher than the RM380.75 million achieved in the same period last year,” says Lim. Net profit for FY2018 was RM72.9 million, slightly lower than the RM76.74 million in FY2017.

“Titijaya Land is optimistic about its long-term growth and prospects, based on our strong competitive position and solid demand for the affordable residential properties we offer,” says Lim.

“We are confident of the company’s future performance, given that most of our land bank is located in prime growth areas, which are well developed and [close to] public transport.”

Titijaya Land currently has 208 acres of land worth RM12.1 billion in GDV in the Klang Valley, Penang and Sabah to be developed over the next 10 years.

Titijaya Land was founded in 1997 by group managing director, Tan Sri Lim Soon Peng. Its early projects include 2-storey terraced houses and 3-storey shop offices in Taman Bukit Cheras, Kuala Lumpur, and 2-storey terraced houses, residential lots and low-cost apartments in Klang.

Today, the group’s portfolio includes Casa Tiara, E-Tiara, Tiara Square Business Centre, First Subang, Subang Parkhomes and Subang SOHO in Subang Jaya and Mutiara Bukit Raja in Klang.

“Going forward, Titijaya is determined to continue building innovative, quality properties in the best locations, deliver our projects on time and provide excellent customer service to all of our customers,” says Lim.

Bo chow...si arrrrr

Before qr will be a strong rally up as oil n gas profit will be finally reflects to the balance sheet. Sekian.

QR3 will be on 20th Nov. Which is about 6 weeks from now. About trading 30 days from now.

Alot of bank will start cover dnex..

Attended their trial case with Mycc. Dnex is confident and winning rate is 90%

goreng dnex satu..

Dagang NeXChange crossed above the RM0.42 mark in its latest session. With a rising RSI level, a bullish bias may be present above this point with a target price of RM0.465, followed by RM0.48. Meanwhile, it may turn sideways if it dips back below the RM0.42 mark in the near term. In this case, support is anticipated at RM0.385 whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on favourable consolidation above RM0.42

Target: RM0.465, RM0.48 (time frame: 3-6 weeks)

Exit: RM0.385

Source: AmInvest Research - 2 Oct 2018

Wah..dog come out bark again..chow

Boot kau dnex warrant. When drop to 0.115 no ppl wan to buy..now 0.145 still cheap o. But ppl scare to buy also..later 0.180-0.200 dont chase o

Eh..dont promote too much here..later dog come out bite you

Syukur alhamdulilah..itu anjing suka gigit olang..

Hello sniper86..cut loss ady ka? Aiyo..no wonder sour grape la...

Heard that epf buying in to dnex

Yall mother fucker better study perak transit, ptrans as well..

I promote alot to my friends n relative. Even my boss about this dnex warrant..some buy..some no buy...

Mycc compensating dnex woooo

Insider info bro..got internal ppl working in dnex..top management level..

Heard mycc plan to drop the case and compensating dnex for wrongly accused

Heard that oil profit ard 80m in next month qr

Hibiscus flew to 1.3

Fly beb

Sleep good on this weekend. Embrace for good fall next week is first week of oct. Entering final quarter of 2018

Sohai management..loss so much but remuneration so high bring back so high

Those sochai betting closing price..but dont know its down trend

Bring one ceo come in..70m bonus salary..because why? The bank trust me..thats why the bank borrow money to sapura energy. Thats why my bonus is 70m. Genius answer

Diu the 10m wall is just an illusion sochai...can suddenly remove the queue. Sohai..first day play stock ar

Loss 125m..fourth red quarter in a row..janji ceo 70m remuneration masuk..

Massive selling later at 4pm. Slowly they disposed make sure ikan bilis no lari

Pls buy DNEX pls...profit making counter..good cash..diversify in IT and oil sector. Coming RFID project under dnex. Buy Sapura energy for scare meh..con counter.

Bo chow si arrrr...the sohai ceo salary how much included in this lost quarter?

Got time pls study perak transit (Ptrans)

Let's play contra in dnex

Yea..thats why I am selling back at 0.13

Diu lei la..see which area lo they build the property. In pj area. Sure sapu habis

Slowly. Luckily got sapu warrant at 0.12

Inshallah...hari yang ditunggu tunggukan telah sampai

By Justin Lim | 2018-09-24 16:55:17
KUALA LUMPUR (Sept 24): Shares of Hibiscus Petroleum Bhd, Dagang Nexchange and Petronas Gas Bhd (PetGas) rose today as crude oil prices advanced with the deadline for US sanctions on Iranian oil drawing nearer.

At 4.10pm, Hibiscus Petroleum was up five sen or 4.67% at RM1.12 while Dnex was up one sen at 2.60% atRM 0.395 and PetGas was up six sen or 0.32% at RM19.06.

Hibiscus Petroleum was also the most actively traded stock on Bursa Malaysia with 82.22 million shares traded.

Reuters reported that oil prices rose about 2% today as markets tightened ahead of Washington's new sanctions against Iran, with some traders forecasting a spike in crude to US$100 per barrel.

Brent crude futures jumped to the highest level since May at US$80.43 per barrel, up US$1.57 or 2%.

US West Texas Intermediate (WTI) crude futures, meanwhile, rose US$1.28 or 1.8% to US$72.06 a barrel.

J.P. Morgan said in its latest market outlook published last Friday that "a spike to US$90 per barrel is likely" for oil prices in the coming months due to the Iran sanctions.

The bank said it expects Brent and WTI to average US$85 and US$76 per barrel, respectively, over the next six months.

Heard that the accumulated oil profit is flowing into dnex coming quater..easily jump to 50cents..25%

Warrant price is very cheap n attractive

If 0.125 can jalan later noon hoseh liau

Wd wat wrong..dumping

Sure or not dnex related to this project.2019 soon

Good news bad market drop.. good news good market drop..bad news bad market..drop drop

Bo chow....si arrrrrrrrr

Good apollohang

@rijack88 you still havent explain anything bout the long term no good statement.. which indicator in technical chart you refer toto?

Yea will buy in

10.6m profit.

Today