COMPUGATES HOLDINGS BERHAD ("COMPUGATES" OR THE "COMPANY") JOINT DEVELOPMENT WITH JADE CLASSIC SDN BHD TO JOINTLY DEVELOP A PARCEL OF VACANT AGRICULTURE LAND IDENTIFIED AS LOT NO. 47954, TITLE NO. PN 98100, MUKIM OF DENGKIL, DISTRICT OF SEPANG, SELANGORCOMPUGATES
Reference is made to the announcements dated 28 November 2017, 14 February 2018, 15 March 2018, 17 May 2018, 25 July 2018, 23 August 2018 and 30 August 2018.
The Board of Directors of Compugates wishes to announce that Compugates Development And Mining Sdn Bhd, a 70%-owned sub-subsidiary of Compugates has received today a further sum of RM1 million out of the RM5 million from Jade Classic Sdn Bhd.
Reference is made to the Company’s announcement dd, 13 December 2017
The Board of Directors of Compugates wishes to announce that its 70%-owned sub-subsidiary, CDMSB has received the Form H dated 1 October 2018 today from Pejabat Tanah dan Galian Selangor with an offer of compensation totaling RM10,147,414.25 arising from the compulsory acquisition of part of the Land measuring 0.9892 hectares or equivalent to 2.44 acres for the purpose of Lebuhraya Kuala Lumpur – Putrajaya – KLIA (MEX 2) and CDMSB will be accepting the offer with an objection.
The total compensation sum offered to CDMSB is RM10,147,414.25 comprising:-
CDMSB’s entitlement as land owner at RM950.00 per sq meter totaling RM9,397,400.00 (amount to be held by Penolong Kanan Pendaftar Mahkamah Tinggi Shah Alam); and Incidental costs payable to CDMSB totaling RM750,014.25. CDMSB will seek the necessary legal advice to claim its entitlement from the Penolong Kanan Pendaftar Mahkamah Tinggi Shah Alam.
The total compensation sum offered to CDMSB is RM10,147,414.25 comprising:-
CDMSB’s entitlement as land owner at RM950.00 per sq meter totaling RM9,397,400.00 (amount to be held by Penolong Kanan Pendaftar Mahkamah Tinggi Shah Alam); and Incidental costs payable to CDMSB totaling RM750,014.25.
Another day of such trading... !!!! Started to active after 4 pm and bought in all sellers st 0.025 and let small lots of buyer at 0.025 pruor to close... and not willing to buy in the 0.03...!!! At tomorrow opening, few thousand lots at 0.025 will highly probably throw in at at seller and the trend to repeat itself...m
Compugates proposed mixed development approx. 500 units of houses, 1100 affordable social housing below 250,000, 600 units of high rise mixed residential and commercial units
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....
steward
1,084 posts
Posted by steward > 2018-10-03 10:00 | Report Abuse
speakup...hahaha