that piece of GBH land measuring 15 acres in segambut is big enough for a multi billions project therefore no doubts about generating huge profits later as such GBH might perform better than PJD going forward, best of luck
premium at less than 5%, way better low bursa standard of 20% and it expire at 2020, the news of development of the mom land will be out very soon, look out in star
I think, keladi has a better chance to move up. keladi gets lands worth RM192,369,465 - which is ideal for a property developer. Ready fixed assets to develop. Whereas GBH merely gets the cash, so that via RTO it can go to OnG biz ( not a biz they know well). U go figure, which has better prospect. And, keladi is still very affordable at 0.35. Just my 2 sens.
Bursa's announcement :
On behalf of the Board of Directors of Keladi, RHB Investment Bank Berhad wishes to announce that Keladi had entered into a conditional Sale and Purchase Agreement with GBH Land and GBH on 2 July 2014 for the proposed acquisition of nine (9) parcels of land comprising six (6) parcels of freehold land held under Geran 362 Lot 2984, Geran Mukim 1143 Lot 2983, Geran Mukim 1323 Lot 4397, Geran Mukim 1592 Lot 3680, Geran Mukim 1599 Lot 1470 and Geran 7538 Lot 38755 together with the Buildings from GBH Land, and three (3) parcels of leasehold land held under Pajakan Mukim 943 Lot 46261, Pajakan Mukim 944 Lot 46260 and Pajakan Mukim 945 Lot 46262 together with the Buildings from GBH, all located in Mukim of Batu, District of Kuala Lumpur, Wilayah Persekutuan for a total cash consideration of RM192,369,465 (“Proposed Acquisition”). Further details of the Proposed Acquisition as attached. This announcement is dated 2 July 2014.
GBH going into oil and gas sector or investment something not good . This company had been doing pipes and etc for so many years now why go into Oil and Gas sector as it have no expertise.
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greatman9
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Posted by greatman9 > 2014-02-07 20:03 | Report Abuse
haha, no one look into this counter,may be will be better than PJDEV soon, try look into the warrant