"The gross development value (GDV) will be no less than RM500 million," a source told Business Times recently.
The Federal Land Development Authority (Felda), via FIC, announced last Tuesday that it was buying a 49.45 per cent stake in Encorp Bhd for about RM240 million.
Encorp currently has several projects in hand with a combined GDV of about RM3.5 billion.
CADANGAN MEMBINA BANGUNAN PEJABAT 68 TINGKAT YANG MENGANDUNGI:- i) 59 TINGKAT MENARA PEJABAT TERMASUK SERVIS M&E ii) 2 TINGKAT PODIUM PEJABAT TERMASUK TEMPAT LETAK KERETA iii) 6 TINGKAT PODIUM TEMPAT LETAK KERETA iv) 2 TINGKAT TEMPAT LETAK KERETA BAWAH TANAH v) 1 TINGKAT ‘FREEZEWAY’ vi) 1 HELIPAD DI ARAS BUMBUNG vii) DENGAN KEMUDAHAN KEMUDAHAN BERKAITAN DI ATAS LOT 390, JALAN PERUMAHAN GURNEY/JALAN GURNEY SATU, MUKIM BANDAR KUALA LUMPUR, SEKSYEN 87A, DAERAH KUALA LUMPUR Source: Sorry, but too many design elements on the building.
We have to take into account how to declare dividends under the different structures.” By ZAIDI ISHAM ISMAIL MAIDEN PROJECT: Encorp to build medium-cost apartments, luxury condos, affordable homes and private college, sources say ENCORP Bhd, which was bought over by Felda Investment Corp Sdn Bhd (FIC) last week, plans to tear down the old Felda headquarters in Jalan Semarak, here, and rebuild the area as a mixed residential and commercial development.