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03-06-2013, 07:22 AM
Main points from AGM: Co to sell PL Square retail shops en bloc probably to a REIT, though it says not necessarily to Guthrie but prob open to all buyers. Rental is averaging $16 psf for shops.
Co land in iskandar not in the hot area of Nusajaya. it is not eager to develop some of the land yet. However, its land is mostly in the more developed, more populated areas in the east and northeast of Iskandar. All its land is within Iskandar.
Co to continue giving out good cash dividends to shareholders, unlike some companies which issue bonus perhaps because they don't have cash to reward shareholders.
Co land in iskandar not in the hot area of Nusajaya. it is not eager to develop some of the land yet. However, its land is mostly in the more developed, more populated areas in the east and northeast of Iskandar. All its land is within Iskandar.
Co to continue giving out good cash dividends to shareholders, unlike some companies which issue bonus perhaps because they don't have cash to reward shareholders.