This counter is in the range of 0.255 - 0.27 for almost 2 weeks now. It is just a matter of time that it will break out!! Just like when it was ard 0.19-0.20 when it broke out and flew northwards. So, be ready to fly.
KK Times Square Imago Mall Inks Key International Brand Names posted on Mar 19, 2014
Residents and tourists in Kota Kinabalu, Sabah will soon be spoilt for choice with well-known international and local labels added to IMAGO Mall, a lifestyle luxury mall in East Malaysia. Scheduled for completion in the fourth quarter of 2014, this world-class shopping destination offers international fashion labels such as Burtons, Kate Spade, Michael Kors, Swarovski, Topman/Topshop, Tumi and Victoria’s Secret with some making their very first appearances in the neighbourhood.
The mall has over 300 retail outlets across a net leasable area of approximately 800,000 square feet. Developed by Syarikat Kapasi Sdn Bhd, a wholly owned subsidiary of Asian Pac Holdings Bhd (“Asian Pac” or “Company”), IMAGO Mall is expected to change the Kota Kinabalu city skyline with its recently signed prestigious fashion and lifestyle companies, namely Aeon Fantasy, Bonia Group, DNP Clothing, MBO, Padini Group, Parkson, Swarovski and Valiram Group.
On a mission to create a more wholesome shopping experience, the Group Managing Director of Asian Pac, Dato’ Mustapha bin Buang revealed to the press that it is an honour to have both international and local fashion brands signing on and putting their trust in the company.
“We are indeed excited with the signing on of our new partners as it marks a major milestone in realising our vision for KK Times Square. When we first conceptualised IMAGO Mall, we focused on creating an urban hub to add vibrancy and enhance the value of the surrounding areas. Our goal was simple – maximise opportunities for shoppers to enjoy an exciting yet therapeutic retail experience, right here in Kota Kinabalu. This is now becoming a reality,” said Dato’ Mustapha.
With this mission in mind, visitors to the mall will now be able to find several other popular fashion, F&B and lifestyle brands including CYC Mega Leisure, DC Super Comics, Etude, Kitschen, SenQ, Starbucks, Sticky and more, all under one roof within their neighbourhood.
“IMAGO Mall is truly the crowning jewel of KK Times Square. Located at one of the most sought-after pieces of prime retail real estate, it will be the first non-strata fully leased shopping mall in Kota Kinabalu and also professionally managed. This in turn allows us to have complete control over the tenancy mix, facilities and amenities of the mall. It is essentially part of our strategy to diversify into more recurring income as it will provide us with better earnings growth. With expected rental yields of five per cent per year, IMAGO Mall is expected to contribute 25% of overall revenue by year 2016. We believe that we are close to achieving our targets as more than 65 per cent of IMAGO Mall has been leased out,” explained Mr. Raymond Yu, Group Chief Executive Officer of Asian Pac.
To further complement the existing areas surrounding the development, IMAGO Mall will also have its very own dining boulevard, ranging from restaurants and cafés to alfresco street walk areas, giving its customers unobstructed views of the South China Sea and the Sutera Harbour Golf Course. Going the extra mile to ensure connectivity and accessibility, Asian Pac has also built a bridge that links the mall directly to the city centre.
The development of IMAGO Mall fits into Sabah’s overall economic outlook as it continues to remain on track, especially in the last two years. In the retail sector, among the features that are most sought after include easily accessible locations, design, layout, mall management and even tenant retention. Cognisant on this, Asian Pac’s KK Times Square development has been designed to fulfil this criterion, thus giving Kota Kinabalu its very own lifestyle hotspot while delivering a brand new world-class experience to Sabahans and tourists.
With the proliferation of local and foreign companies opening in the state, Sabah’s real estate has also experienced heighten activity, growing 10 to 13 per cent every year with more Malaysians and foreigners moving there. As such, Asian Pac believes that their integrated development at KK Times Square will experience further growth, especially with the introduction of the latest phase of The Loft and IMAGO Mall.
Kuala Lumpur: Asian Pac Holdings Bhd mengunjurkan pusat beli-belah mewah gaya hidupnya di Kota Kinabalu, Imago Mall akan menyumbang sebanyak 25 peratus kepada pendapatan keseluruhan syarikat menjelang 2016.
Ketua Pegawai Eksekutif Kumpulannya Raymond Yu berkata, kompleks beli-belah itu mempunyai lebih 300 buah kedai runcit dengan keluasan bersih ruang sewa dianggarkan 800,000 kaki persegi yang dibangunkan oleh Syarikat Kapasi Sdn Bhd, anak syarikat penuh Asian Pac Holdings Bhd.
Katanya, Imago Mall akan menjadi destinasi beli-belah bertaraf dunia sekali gus menawarkan pelbagai label fesyen antarabangsa, antaranya Burtons, Kate Spade, Michael Kors, Swarovski, Topman, Topshop, Tumi, Victoria’s Secret dan ada antaranya akan didapati di Kota Kinabalu untuk pertama kali.
“Projek itu dijangka siap pada suku keempat 2014 dan kami percaya akan mencapai sasaran kerana lebih daripada 65 peratus Imago Mall telah disewakan. “Secara dasarnya, ini ialah sebahagian daripada strategi kami dalam mempelbagaikan sumber pendapatan berulang kerana ia akan menyumbang kepada pertumbuhan pendapatan yang lebih baik. Dengan jangkaan pulangan sewaan sebanyak lima peratus setahun, Imago Mall dijangka dapat menyumbangkan sebanyak 25 peratus daripada jumlah pendapatan keseluruhan menjelang tahun 2016,” katanya dalam kenyataan di sini.
Terletak di salah satu kawasan hartanah niaga utama yang paling popular, kompleks itu bakal menjadi kompleks beli-belah pertama yang bukan strata dan disewa sepenuhnya di Kota Kinabalu serta diurus secara profesional.
Sementara itu, Pengarah Urusannya Datuk Mustapha Buang berkata, pembinaan kompleks itu adalah sebagai penghormatan untuk mendapat jenama antarabangsa serta tempatan.
This forum has many pictures of the exciting developments happening in Kota Kinabalu. You can scroll and find those related to Imago Mall construction. The pictures are NOT THE MOST UPDATED ONES cos the mall is nearly completed already but at least you can get an idea on the surroundings and the basic structure of the mall. Happy viewing!!!
Kota Kinabalu is turning into a very exciting place to be in right now and also a great place for investors! Grab this chance to invest in this great company and be part of the success story!!! Asiapac boleh!!!!
Good morning Fortunebullz. Long time no see you. Say something, we all miss you. Without you saying Asiapac boleh!, it is just like drinking plain water in the cafe, no kick!
Graham is can be goreng counter. If u feel keep for long term or longer than is not a goreng counter. I very sure some ppl buy n keep for long term. SURE WIN WIN WIN.....
Why lah so impatient, Imago Mall still not yet completed but you want the price to go up now? Hehe.. Patience is a good virtue.. If not can practise what Mr OTB said cabut first and come back later once resistance is broken.. :)
Can keep long term this one...mall business very good...can last a very long time. Plus this year alone few projects to be 100% completed. Hehe, very eventful year this is...so hop on the ride!
Those related construction companys....where gotb so easy to get profit lor...abang dan adik pergi tanya kawan kawan yang kerja di constrction field....tahun ini susah oh.
Share99, construction work is tougher this year for sure but Imago Mall considered virtually completed d. Just need the occupants to move in and renovate their shops. It will open end of the year. Asiapac also has few projects completing this year too. So not that much effect from new govt policy changes.
A quiet morning is just good for buying n selling. For those who want take profit n those who want to buy in. Vol.very low show ppl is holding than is good.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
wee888
303 posts
Posted by wee888 > 2014-04-16 16:58 | Report Abuse
This counter is in the range of 0.255 - 0.27 for almost 2 weeks now. It is just a matter of time that it will break out!! Just like when it was ard 0.19-0.20 when it broke out and flew northwards. So, be ready to fly.