The case is not over. It is to be heard Jan 16 2018. What the court dismissed is a stay on development which the TTDI residents association was asking for.. This does not mean the case is over. The whole thing including appeals and counter appeals could take many months.
In my opinion, City hall may end up paying the developer costs and closing the development as Rimba park may not be open to any development whatsoever. With elections coming this case could be a hot potato. Any final decision may only be concluded after. Again in my opinion and I could be wrong, expecting final word after mid 2018. Meanwhile this stock could be dancing about quite a bit. A speculative buy, quite like a casino for now.
The High Court dismissed TTDI Resident's stay application...and the court order the TTDI to pay RM 40000 to the developer...The development will proceed as planned...now profit taking..
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....
boldrun88
528 posts
Posted by boldrun88 > 2017-12-15 08:35 | Report Abuse
buy malton today...