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Over 50% of T7 Global's current order book comprises MOPU contracts, offering earnings visibility between five to ten years. Of course steady pompipi
The property developer has proposed to acquire the land, which has a potential gross development value (GDV) of between RM800mil and RM900mil, for RM110mil.
The price of RM110mil translates to a land-to-GDV cost of 12% to 13%, consistent with the 11% to 15% range for SkyWorld’s past Klang Valley projects, said Phillip Capital Research.
