PROSPECTS AND RISK FACTORS. The outlook of the property development industry is expected to have a direct positive impact on the joint venture. Taking into the account the outlook of the property development industry moving forward and the current efforts undertaken by the Group, the Board is of the view that the prospects of the Group are expected to be positive in the future. The joint venture would subject the Group to risks inherent in the property development business activity which is new to the Group. Such risks may include sensitivity to economic, market and political conditions, financing risk, delays in commencement and completion, competition from other property developer and dependence on key personnel. Any adverse changes in these conditions may have material adverse effects on the Group. These risks are addressed as part of the Group’s ordinary course of business.
PROSPECTS AND RISK FACTORS. The Proposal does not entail different risks other than those applying to the existing business of Titijaya being an investment holding company and will not have any effect on the issued share capital and substantial shareholdings of Titijaya, The Proposal is also not expected to have a material effect on the net assets per share, earnings per share and gearing of Titijaya Land Berhad Group.
PROSPECTS AND RISK FACTORS. The Proposed Joint Venture is intended to enable the Parties to combine their skills, expertise, experience and capabilities. JKI does not foresee any exceptional risk other than operational risk associated with the Proposed Joint Venture which are similar to the operational risks that JKI is already accustomed to. Hence the Board believes that the experience and expertise of its management team will enable the Group to mitigate these risks effectively.
PROSPECTS AND RISK FACTORS
