KUALA LUMPUR: Property developer, Land & General Bhd (L&G) plans to launch U10 Aria Rimba, a new township project in Shah Alam, with a total gross development value (GDV) of RM2.4bil next year.

Managing director Low Gay Teck said the project will be developed in six phases.


Speaking after the company’s AGM, he said phase one entailed the construction of 150 units of terrace houses with a GDV of RM113mil.

Low said the group also planned to launch 1,008 units of high-rise service apartments in Sri Damansara Club in 2025, with a GDV of RM621mil.

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Additionally, it aimed to open for booking 602 units of affordable service apartments, Kamelia @ Bandar Sri Damansara with an estimated GDV of RM156mil, by year-end.

The group posted a lower revenue of RM216.63mil for the financial year ended March 31, 2024 (FY24), a 13% drop from a RM249.18mil in FY23. — Bernama

Later 2.30 bonus issue again.. power

Mini Dutch Lady in the making

FD of the year for the past 9 years

At rm5 for first time investors or even those adding for long term holding, it is cheap. Considering an estimated dividend of 70 sen for fy21 and say 50sen for fy22, your cost will be around Rm3.80. In 5 years time TG is going to be double in size, whether by way of production capacity or by way of enterprise value. Any hiccups during these 5 years will not be significant. Its the end result I look at which is double the size of what it is today at the very least. As such, by fy25, the price will not be what it is today. My 2 cents

Guessing at least 15sen dividend and perhaps bonus issue?

JPM dai 9 sei.. F U to the moon and back

What has Gdb got to do with HSR? What nonsense is this?

https://www.mida.gov.my/mida-news/global-shortage-of-gloves-to-persist-for-next-two-to-three-years/

PUTRAJAYA (Dec 30): There will be no more new import licence for cigarettes issued by the Royal Malaysian Customs Department (JKDM), effective from Jan 1, 2021, said Customs director-general Datuk Seri Abdul Latif Abdul Kadir.

However, he said the existing import licences could still be renewed.

"To tighten the renewal of the Cigarette Import Licence, the additional conditions for importing the minimum quantity of cigarettes that have been set within 12 months must be adhered to," he said in a statement today.

He said from Jan 1, 2021, all trans-shipment of cigarettes, tobacco products, electronic and non-electronic cigarette devices, including vape and nicotine-free liquids/gels used in electronic cigarettes, is only allowed at five ports.

Abdul Latif said the ports are the West and North Port in Port Klang, Selangor; the Tanjung Pelepas Port, Johor; the Sandakan Port, Sabah and the Senari Port, Sarawak.

"ISO containers must be used for trans-shipment activities and they must only be Full Container Load (FCL) shipment as break bulk activities are not allowed," he said.

Abdul Latif said transit activities for export purposes by road are allowed, provided they are imported through the five ports, travel from the trans-shipment port has been set directly to the final destination abroad, and they comply with the provisions of the Customs Act 1967, Customs Regulations 2019 as well as department policies which are in force.

He said from Jan 1 2021, trans-shipment of cigarettes and re-export of cigarettes, tobacco products, electronic and non-electronic cigarette devices cigarettes by small boats would be disallowed.

He said the imposition of tax on cigarettes with drawback facilities for re-export will only be allowed in the Free Zones (ZB) and this is also subject to JKDM’s conditions.

He said in accordance with Section 93, the Customs Act 1967, re-export should be made within three months from the date duties were paid, while return claims can be made within three months from the re-export date.

Abdul Latif added the imposition of tax on cigarette products at all Duty Free Islands (PBC), namely Langkawi, Labuan, Tioman and Pangkor and the Free Zones (Retail Business), will start on Jan 1, 2021.

"As such duty exemption for cigarettes and tobacco products for visitors and tourists will no longer apply from Jan 1, 2021," he said.

The free commercial zones involved under Section 6A, Free Zones Act 1990 are those located in Stulang Laut, Johor; Rantau Panjang and Pengkalan Kubor in Kelantan and Bukit Kayu Hitam, Kedah.

Abdul Latif said the remaining cigarettes and tobacco products that had been imported into the PBC and ZB before Jan 1, 2021 could be stored, owned, sold and disposed of in the same PBC and ZB.

He said the remaining cigarettes labelled with red tax stamps (MDNP) and duty-unpaid tobacco products that are to be taken out to the Customs Main Area (KUK) should be settled before Jan 1, 2021.

In addition he said, from April 1, 2021 duties and taxes would be imposed on cigarettes and tobacco products imported from abroad or purchased from Duty Free Shops through all modes of transportation when products are brought into the KUK.

These measures are in line with Budget 2021, which were tabled on Nov 6, as part of strategies to improve revenue collection and address smuggling activities, especially for high-duty goods.

411.59m shares x rm6 = RM2,469,540,000 or RM2.5b. Epf why don't you sell all at one short and leave TG out of your portfolio. No need to throw everyday.. Waste time only.. Tan Sri can anytime absorb all your shares like peanuts.. rm2.5bil is chicken feet. Next qtr another Rm3.5bil cash coming in for TG.. TG is rich

Andy Hall... Why don't you run a gloves factory and build a 5-star hotel next to it for your migrant workers?

Good luck then. Cancel orders now... And wait til 2022

Today is last day to buy before ex dividend of 16.5 sen on 24 Dec

True but these days any new bee on the block in ace market also 800 mil share cap.. If not 1 bil

Bold_investor I have reason to believe there may be another round of bonus issue if the price continues to move further up next year.. The next qtr is definitely going to be greener than Q3.

The next mini Dutch Lady or mini F&N or mini Nestle. Next year won't see below rm2

Forget about JPM crooks. Shame on the two fellows

Shame on JP Morgan to have hired such low level thinking analysts. They should be fired

Next year rm2 to Rm3.... Hidden gem

I won't say no to rm3bil profits

Can't compare gdb with mashing. Gdb is in main con business. Mahsing is a property developer

Agree with Mtrade...
Quote from Trump: What a stupid statement that is. What a stupid statement. You know what? I hear that a lot. You make a lot of stupid statements. Haha

Edwin mana you? Tomorrow gap up

Edwin.. RM5? Joke of the century..

Bid farewell to Edwin and say hi to rm2bil profits

(Forwarded as it is).....

Please advise any of your close friends & family who are investing their hard earned money in vaccine related stocks to be prudent and cautious. Do not be caught up with the operators / syndicate pushing loss making penny stocks which are making announcements on vaccine plays as cited from Parliament today by Minister the content as such below

“I want to clarify — and the health minister is on my left — that the announcements made involving private companies and companies that are producing vaccines have nothing to do with the government procurements.

“Any (private) companies can negotiate with international companies, to be their agent or distributor but we cannot control if they want to strike commercial deals.

“But if they don’t get approval from clinical research Malaysia, they cannot conduct clinical trials here,” Khairy told the Dewan Rakyat today during his winding-up speech at the committee level.

He was responding to concerns raised by Parti Amanah Negara Kuala Selangor MP Datuk Seri Dzulkefly Ahmad and DAP Bandar Kuching MP Dr Kelvin Yii.

At the same time, Khairy said if private companies failed to get relevant approvals such as the National Pharmaceutical Regulatory Agency under the Health Ministry, they cannot bring Covid-19 vaccines into Malaysia.

“So I want to say this to market investors. The announcement made by these (private) companies does not mean that they have an allocation from the government.

“The government’s deal is only with Pfizer and Covax, and does not go through any third party or middleman,” he added.

https://www.malaymail.com/news/malaysia/2020/12/07/allocation-for-mosti-approved-minister-says-govts-covid-19-vaccine-deal-onl/1929671

https://www.malaymail.com/news/malaysia/2020/12/07/allocation-for-mosti-approved-minister-says-govts-covid-19-vaccine-deal-onl/1929671

Good luck Vaccine counters

It's clear that this is just due to selling pressure by epf (temporary) and does not reflect the true value of TG

Thank you for selling to me at 6.61

RM3 and potential bonus issue

Today don't get ticket.. Monday will regret

Uncle Lim knows the value of his company much better than EPF

How about becoming a mini Dutch Lady? What do you think the share price will be?

Someone sapu 6000lots at 45 sen.. Something brewing?

60 sen

Finally jalan

Would like to join

Limit up today?

Tomorrow

Acquisition coming..

Glove counters are only safe haven

Only glove counters are a safe haven

https://www.klsescreener.com/v2/announcements/view/3174663

Doing masks also?

2nd round

Stimulus

https://www.klsescreener.com/v2/news/view/685125

The construction, property, as well as automotive industries would also be given priority considering their importance in building consumer and investors confidence to get the economy back on track.

https://focusmalaysia.my/mainstream/airasia-denies-directors-received-rm204-mil-bribe-from-airbus/

Panic buy coming...

Time for bonus issue again to increase market cap?