Parkland gets nod for main market listing
Parkland Bhd has received approval for its IPO and Main Market listing. The company develops townships and properties in Johor, Malacca, and Selangor. It has in-house construction capabilities. The listing is on Bursa Malaysia Securities Bhd.
What it means for buyers, tenants and investorsShareholders of Parkland Bhd can expect their shares to be listed on the Main Market of Bursa Malaysia Securities Bhd, allowing them to trade their shares publicly.
What it means for Japanese buyers
Parkland Bhd received approval for its IPO and Main Market listing on Bursa Malaysia Securities Bhd.
This affects shareholders of Parkland Bhd, who can trade their shares publicly.
Japanese investors in Malaysian property should note that foreigners can buy most kinds of property, but each state sets a minimum purchase price.
They should check the minimum purchase price and consent requirements with the state authority in Johor, Malacca, or Selangor.
Written by AI from the original headline and summary and from published rules. Check figures and conditions with the original report and official sources. This is not investment advice.
Key facts
| Areas | JohorMelakaSelangor |
|---|---|
| Section | Companies |
| Date | |
| Source | The Sun ↗ |
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