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Iskandar Theme Drives Small Developers Higher

Gooi Seong Lim , Crescendo Corp Bhd

12-Apr-13 22:44

Iskandar Theme Drives Small Developers Higher

Crescendo Corp Bhd MD Gooi Seong Lim discusses: 

- 100% - Johor-focused positioning -- reasons -- implications; 

- Industrialisation theme; 

- Whether Iskandar theme has stretched to Crescendo; 

- Land acquisition costs - Johor;

- Non-Johor projects; 

- Other trends: residential - relocation from expensive Singapore to cheaper Johor;

- Johor sales outlook;

- Resorts development - expansion - details; 

- Education - expansion - details; 

- Dividend policy - outlook; 

- Governance issues - also MD of Sykt Kim Loong Resources Sdn Bhd.,major owner in Crescendo and Main Market-listed Kim Loong Resources Bhd. - issues; 

- Also Chairman/MD - conflicts - counter to CG Best Practices; 

- Four Goois on a board of seven; 

- Outlook: economy - issues; 

- Elections - unrest - Johor - issues.


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Tags:  iskandareconomypropertyland acquisition





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