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Avaland Officially Launches Aetas Seputeh With 50% Take-up
Avaland Bhd (KL:AVALAND) officially launched its latest high-rise residential development, Aetas Seputeh, on Thursday in Seputeh, Kuala Lumpur. At the launch ceremony of the development, Avaland chief executive officer Apollo Bello Tanco revealed that Aetas Seputeh has been 50% taken up thus far.
MY Morning Wrap | UBS Ceases to be Substantial Shareholder of YTL
Stocks to watch: YTL, AMMB.
Avaland Tops Out Sanderling Lakefront Condo in Cyberjaya
KUALA LUMPUR (June 5): Avaland Bhd (KL:AVALAND) has topped out Sanderling condominium, which has a 90% take-up rate, according to a press statement on Tuesday (June 4). Sanderling is the third phase of the developer's 23-acre freehold Lakefront Residence development in Cyberjaya. The Lakefront Residence phase one and phase two are the first two phases of the project.
Avaland's 1Q Net Profit Soars to RM21m on Higher Revenue
Avaland Bhd's (KL: AVALAND) net profit for the first quarter ended March 31, 2024 (1QFY2024) soared to RM21.17 million, from RM136,000 a year earlier, on the back of advanced construction progress in the group's ongoing projects, namely Aetas Damansara, Alira Subang Jaya, Casa Embun and Sanderling. In a bourse filing on Thursday, Avaland said revenue for the quarter jumped to RM214.58 million, from RM76.58 million a year ago.
Avaland's Amika Residences in Subang Jaya Achieves 60% Take-up Since March Launch
Avaland Bhd's (KL:AVALAND) residential project Amika Residences has achieved a take-up rate of 60% since its March launch this year. Amika Residences is located adjacent to Avaland's first project in Tropicana Metropark, Alira Subang Jaya.
Avaland Set to Propel Upwards Further, Says RHB Retail Research
KUALA LUMPUR (May 15): RHB Retail Research said Avaland Bhd (KL: AVALAND) is set to propel upwards further after undergoing a technical breakout above the 36.5 sen resistance level yesterday, on a surge in trading volume. In a note on Wednesday, the research house said that as it is rid...
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