Tag Archives: cheras mahkota new launch

Tamil school receives aid for repair work – Malaysia Star

Tamil school receives aid for repair work
Malaysia Star
One of the new Tamil schools in Selangor will be located in Taman Mahkota Cheras. Dr Puad said between 2009 and 2011, the Government had spent RM300mil for Tamil schools in the country. Asked about the declining pupil enrolment in Tamil schools,

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SHL to launch RM200m project by year-end

KUALA LUMPUR: SHL Consolidated Bhd plans to launch more residential units in its flagship development at Bandar Sungai Long in Kajang by the end of this year, finance director Jack Wong Tiek Fong told reporters after the company AGM yesterday.

The project, consisting of terraced houses and affordable homes, will span across 35 acres (14ha) in Sungai Long with a gross development value of RM180 million to RM200 million, according to Wong.

There will be 320 terraced houses with sizes ranging from 1,900 sq ft to 2,000 sq ft each, while the affordable homes comprise 130 units of 815 sq ft each in two five-storey blocks.

Wong expects take-up rates to be very good as SHL has received hundreds of registered potential buyers for the units.

SHL has about 550 acres of combined landbank in Cheras, Semenyih, Rawang, Batang Kali and Kuala Pilah, said Wong. The landbank will be used for future residential and industrial developments, he added, citing that it is sufficient to sustain the company for eight to nine years of development.
SHL has also been seeking strategic locations to acquire more land.

“Our first priority is to acquire land around our flagship projects in Bandar Sungai Long, Kajang and Alam Budiman in Shah Alam,” said Wong, adding that the Klang Valley is the priority but the company is also looking at Penang.

He did not disclose the specific locations as they are still under negotiations. However, Wong expects them to be completed within six months.

As at June 30, SHL had a healthy balance sheet with cash reserves of RM187 million against borrowings of RM990,000. With a net cash position of RM186 million, this represents cash per share of 76 sen.

For its FY11 ended March 31, SHL posted a lower revenue of RM190.17 million compared with RM249.55 million in FY10. Net profit increased marginally to RM27.37 million from RM26.48 million a year ago.

Although SHL saw a lower revenue in FY11, Wong said its profitability was maintained due to higher margin products.

In May 2010, Goodstock Land Sdn Bhd (GSL), which is involved in property investment, became a subsidiary of SHL. Wong expects GSL to contribute an annual revenue of RM2.4 million and profit before tax of RM1.8 million.

Shares of SHL last traded at RM1.37. They had hit a 52-week high of RM1.66 and a low of RM1.07.

Source: theedgeproperty.com

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RM70++/DAY Promoters : +Part Time Jobs ( September 2011 — Friday …

Melaka Area Part Time Job Skin Care Part Time Job ( Vacancy Girls ONly) * Promote Skin care products & New launching Location: – Mahkota Parade,Melaka @ … Urgently Looking for an agrresive, confident individual to work with a Multinational Company in Penang. by Jess · RM40-80 PERDAY General : College Student Part-Timers (Female) Ampang/ Cheras by Iris (HostE) · RM300/DAY General : government systematic project by Dennis · RM75 TO RM100 PER DAY General …

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RM70++/DAY Promoters : +Part Time Jobs ( September 2011 — Friday …

Property developer Dijaya Corporation Bhd plans to launch three new projects – Malaysia Star (blog)

Property developer Dijaya Corporation Bhd plans to launch three new projects Malaysia Star (blog) “We will launch the Tropicana Cheras, a residential project in Sungai Long sometimes in July/August. Another project, the first phase of Tropicana Danga property project will be launched in the third quarter while the first phase of Tropicana Avenue in …

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RM50,000 syabu found in baby diaper

Tuesday, January 25th, 2011 13:17:00 KUALA LUMPUR: Methamphetamine (syabu) worth RM50,000 was found in a baby diaper recovered from a married couple in Jalan Imbi here last Wednesday. The pair was picked up by a Kuala Lumpur police narcotics team along with their one-year-old son and a 29-year-old female friend. The drugs, weighing 196 grams, were found packed inside the diaper which the 25-year …

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Housing area turning into commercial premises, complain residents

Tuesday, January 18th, 2011 12:47:00 KUALA LUMPUR: Residents in Jalan Puteri, Bandar Mahkota Cheras, are annoyed at how several houses in the neighbourhood have been converted into commercial premises, with the apparent blessings of the Kajang Municipal Council (MPKj). David Marshal, 35, who spoke on behalf of the residents, said the problem began about five years ago when a house was turned …

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