Tuesday, July 5, 2011

TAGB ... Jul11

TA Global’s overseas properties have a gross development value (GDV) of RM1.94 billion (Australia) and RM631 million (Canada). The launch of the property in Canada is in July and September 2011 for Australia. The RM208 million Azelia Residence at Damansara Avenue, launched in April, will be accounted for in FY12.

TA Global is also poised to launch its Dutamas property, pending approvals from the authorities.

The majority of its domestic and foreign business hotels yield good contributions to the company, with the exception of one resort hotel in Canada reporting lower yields due to seasonal variation.

TA Global currently receives income from three sources: hotel operations, investment properties and rental income.

TA Global’s strategy is to have steady income from hotels and properties that are held for investment and recurring income.

Despite being asset rich, earnings delivery has been rather slow for TA Global, especially in property development for FY2011 ended Jan 31.

However, the lull in its property development division could start to revise in FY2012 and gather pace from FY2013, with the group starting to line up some major projects for launch, tapping its total outstanding GDV of about rm8.71 billion.

These projects are Damnasara Avenue; TA 3&$ opposite KLCC; Nova Square in Jln Imbi; Dutamas; Tmn Permata in Cheras; Little Bay in Australia; and Gardens in Canada.

Spread over a development period of 10 years, the projects could translate into annual revenue or property sales of about rm890 million, 10 times more than what TA Global’s property division generated per year over the last two years.

The huge potential GDV aside, it is also worth nothing that the bulk of these projects sits on land acquired years ago, which means low holding costs that could translate into lucrative margins.

49 comments:

Anonymous said...

xanax online xanax 0.25mg side effects - xanax drug name

Anonymous said...

generic xanax high dosage of xanax - mixing sleeping pills xanax

Anonymous said...

buy alprazolam online no prescription xanax side effects addiction - buy xanax online with prescription

Anonymous said...

xanax for sale without prescription buy xanax online from europe - xanax effects libido

Anonymous said...

xanax online does xanax show up hair drug test - xanax side effects heart palpitations

Anonymous said...

buy tramadol online tramadol - tramadol 100mg buy online

Anonymous said...

generic xanax methocarbamol xanax drug interactions - how much does xanax 2mg cost

Anonymous said...

carisoprodol 350 mg side effects of soma carisoprodol tablets - what is carisoprodol 350 mg tablet for

Anonymous said...

generic xanax xanax side effects in dogs - cheap xanax canada

Anonymous said...

xanax online xanax and alcohol sleep - should buy xanax online

Anonymous said...

buy carisoprodol order carisoprodol no prescription - carisoprodol tab 350mg

Anonymous said...

tramadol without prescription buy tramadol online us pharmacy - tramadol for dogs online

Anonymous said...

xanax 2mg xanax side effects withdrawal symptoms - xanax effects how long

Anonymous said...

buy tramadol online will 50mg tramadol do you - tramadol dose get high

Anonymous said...

xanax online how long does xanax 1mg last - xanax withdrawal symptoms depression

Anonymous said...

tramadol 50mg tramadol hcl 50 mg maximum dosage - tramadol hydrochloride

Anonymous said...

order xanax no prescription 1mg lorazepam vs 1mg xanax - buy xanax online cheap mastercard

Anonymous said...

buy cialis online cialis daily or as needed - cialis tv commercial actors

Anonymous said...

buy xanax xanax bars pictures - xanax side effects in teenagers

Anonymous said...

buy cialis online buy cialis cheap usa - cheap cialis in nz

Anonymous said...

cialis online cialis kopen - cialis daily buy

Anonymous said...

tadalafil no prescription buy cialis generic online cheap - cialis price 10mg

Anonymous said...

buy tramadol online tramadol for dogs generic - tramadol withdrawal nausea

Anonymous said...

http://landvoicelearning.com/#30896 buy tramadol cod overnight delivery - methocarbamol and tramadol for dogs

Anonymous said...

http://landvoicelearning.com/#51438 tramadol no prescription needed - tramadol hcl online pharmacy

Anonymous said...

buy tramadol online tramadol no prescription next day delivery - tramadol hcl mode of action

Anonymous said...

buy tramadol tramadol ingredients - tramadol hcl solubility

Anonymous said...

buy tramadol online buy generic tramadol - tramadol legal to buy online

Anonymous said...

http://blog.dawn.com/dblog/buy/#41639 tramadol dosage adults - tramadol for dogs constipation

Anonymous said...

http://landvoicelearning.com/#74967 tramadol drug buyers - tramadol extended release 100 mg

Anonymous said...

buy tramadol tramadol 50 mg and beer - getting off tramadol withdrawal

Anonymous said...

http://landvoicelearning.com/#63987 tramadol 50 mg narcotic - buy ultram tramadol online

Anonymous said...

buy tramadol ordertramadolonline.org - tramadol 100mg no prescription

Anonymous said...

tramadol 100 tramadol withdrawal flu like symptoms - buy cheap tramadol cod

Anonymous said...

tramadol generic order tramadol online to florida - tramadol long before addiction

Anonymous said...

http://buytramadolonlinecool.com/#61458 tramadol dosage side effects - tramadol injection

Anonymous said...

buy ativan online withdrawal from ativan how long - half life ativan vs xanax

Anonymous said...

cheapest ativan lorazepam 1mg tabletten - ativan side effects dry mouth

Anonymous said...

ways to buy ativan online why is ativan used for opiate withdrawal - buy lorazepam 1mg

Anonymous said...

ways to buy ativan online ativan withdrawal dosage - ativan dosage tablets

Anonymous said...

http://reidmoody.com/#54126 xanax vs ativan addiction - expired ativan side effects

Anonymous said...

buy xanax online no prescription xanax pills shapes - xanax side effects gynecomastia

Anonymous said...

buy tramadol online buy tramadol online visa - how to buy tramadol online

Anonymous said...

buy tramadol cheap online buy tramadol online dogs - can you buy tramadol otc

Anonymous said...

http://staam.org/#90873 ultram side effects in men - tramadol hcl withdrawal

Anonymous said...

buy tramadol online can you buy tramadol legally online - tramadol hcl dosage

Anonymous said...

buy tramadol online tramadol withdrawal weight loss - kind drug tramadol 50mg

Anonymous said...

buy xanax online many mg xanax pills - xanax generic vs brand name

Anonymous said...

buy xanax online buy alprazolam powder - alprazolam 0 5mg ems ms