“The expected commencement date of the development is by the second quarter of 2020 and slated for completion in a period of 18 months, ” the company said in a filing with Bursa Malaysia yesterday.
KUALA LUMPUR: Ame Elite Consortium Bhd plans to acquire 6.08ha in Kulai, Johor for RM25mil to develop units of industrial buildings with a gross development value of RM120mil.
“The development cost will be funded by stage-of-completion payments from customers, as well as internally-generated funds and/or bank borrowing.
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