Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year...
Firstly, under the National Land Code ("NLC"), no chargor can confer power of sale by way of a debenture or power of attorney or otherwise on a chargee but the chargee must commence proceedings to obtain a judicial sale in accordance with the strict procedure set out in the NLC. ...
gross profit, operating income and net income, as reported under IFRS, include consolidated results of entities not wholly owned by Northland, whereas Northland’s non-IFRS financial measures include only Northland’s proportionate ownership interest. ...
In 2021, the Kedah Power Plant, a 1,150-MW gas-fired power project, was planned in Kedah, Malaysia. The project is currently in permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2022 and is expected to enter commercial operation ...