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Share price continue low as long as THE PEAK condominium project problem not able to resolve & company need to pay LAD to buyers RM 15 million per year. This project launch since 2013 but yet to complete till today 2024. Now become a sick project.
RM 15 million equivalent to 3 cents per share. This is the reason company need to pay THE PEAK condominium buyers due to project delay instead of give shareholders dividend.
E'Island Puchong project also delayed. Project launch on 2019 & expected complete on Q3 2023 but now delayed to Q3 2024. Is it another penalty need to pay due to delay?
