- Elements@Ampang: 4 towers, 1,000 units, GDV RM800mil (50:50 JV)
- Foresta phase 2 & Tuanku Jaafar Seremban: combined GDV RM1.2bil
L&G has about RM164mil of net cash in the end of Mac14. It will reward shareholders with its first dividend in n years. The dividend will be 2 sen per share, representing RM23.9mil or 31.8% payout if all loan stocks are converted to mother shares.
As for the RM100 billion township, the location seems not as strategic & promising as southern Klang Valley...