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Since The Peak JB Condominium issue on going to be resolved. I believe share price will start pushing up to next higher level. Good luck to those who patiently hold the share & will be the turning point? Let's wait and see.
The Peak Project in Johor AQRS is optimistic that it will be able to complete the construction and fully sell the units at The Peak, Johor, capitalizing on the buoyant Johor property market. Management has shared that it is currently working to get bank financing to re-commence the construction work and it expects to complete the project by 2HCY2025. Successful implementation of this plan will contribute to annual savings amounting to RM12-15mn in Liquidated Ascertained Damages (LAD) charges, thereby possibly doubling its earnings immediately. As at 9M23, AQRS recorded a total of RM10.2mn in LAD.
