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Lagenda inks housing deal with MajuPerak

The Star Business LogoThe Star Business1w ago

Lagenda inks housing deal with MajuPerak

Quick Summary

PETALING JAYA: Lagenda Properties Bhd’s unit has signed a deed of revocation with a wholly-owned subsidiary of MajuPerak Holdings Bhd with regards to an affordable housing development project in Tapah, Perak.

Lagenda said the deed allowed the company and its subsidiaries to reduce its developmental and land costs, which further enhanced the profitability of the group.“The execution of the deed will strengthen the reputation of the group as one of the formidable affordable housing developers in Malaysia and to continue providing affordable houses to the mass Malaysian.

In a filing with Bursa Malaysia yesterday, Lagenda said its wholly-owned subsidiary, Taraf Nusantara Sdn Bhd (TNSB), had signed the agreement with Tenaga Danawa Sdn Bhd (TDSB).


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Article Details

Author / Journalist: The Star Online

Category: Economy

Topics: Property Corporate News Bursa Malaysia Tenaga Danawa /Business/Business News Leganda Taraf Nusantara

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-24, 00:00:00

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Reading Time: 2 minutes read

Article Length: 230 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 6562

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About The Star Business

The Star Business Logo

Main Topics: Economy

Official Website: thestar.com.my

Update Frequency: 18 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1d ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #22

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