Outlook of CCB Group

Near-Term Prospects

  • Total unrecognised revenue as at 31 March 2013 is RM101.9 million. New sales committed during FY 2014 is RM25.6 million.
     
  • Based on high lock-in sales, the Group's  performed  in FY 2014 is expected to remain good and main contributor  will be from industrial and commercial sales and construction activity.
     
  • Development for Financial Year 2014 & 2015 (Period covered: 1 July 2014 to 30 June 2016)

Medium-to-Long Term Prospects

  • Industrial and commercial property market expected to remain strong especially in Iskandar Malaysia region for  the next few years.
     
  • To continue to concentrate our effort to develop NCIP and Bandar Cemerlang,main contributors to Group earning in the next few years.
     
  • Interchange providing access to the Bandar Cemerlang development via the new Johor Bahru-Kota Tinggi highway completed in June 2011. Launching of double storey and three storey houses in Bandar Cemerlang  expected to commence in FY2015.
     
  • Main infrastructure and reclamation works for CLSB land expected to complete by 2013.Plan to launch Phase 1 of CLSB land comprising affordable medium cost flats and shop houses in next one to two years time.
     
  • Education
    - Proposed construction of a new campus for our college which is expected to be in operation by early 2013
    - With the proper campus, the college will be able to attract foreign students
    - Total project cost of the new campus is expected to be approximately RM12 million.

 


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