Following the first phase of the sales launch of GSH Plaza in FY15, the group’s strategy is to launch the second phase of sales and leasing at GSH Plaza once the building obtains temporary occupation permit (TOP) in 1Q17.
SINGAPORE (Feb 28): GSH Corp, the property developer and owner of Sutera Harbour Resort in Kota Kinabalu, swung into losses of $3.3 million in the 4Q16 after revenue fell 69.8% to $17.7 million from a year ago.
For the three months to Dec, GSH’s property business contributed $1.7 million in revenue compared to $45.4 million a year ago.
