Permata Cermat
What we found
A property-marketing review page states that Pavilion Hilltop is a project of Permata Cermat, described as a joint venture between Pavilion Group and Kuwait Finance House, with Tower A launched in April 2013 and completion expected by August 2017; the page states a target rather than an achieved handover date.
The evidence
Delivery
Permata Cermat Sdn Bhd developed Permata Residences, a 387-unit freehold condominium in Kajang completed in 2015; whether it was delivered on time is unknown.
Corporate continuity
Permata Cermat Sdn Bhd is headquartered at Pavilion Tower 75, Jalan Raja Chulan, Kuala Lumpur; its total assets fell 3.03% and its total equity fell 2.89%, and no profit or operating income figures are known.
2 more findings
Pavilion Hilltop, a 621-unit Mont Kiara development, is by a joint-venture company between the Pavilion Group and Kuwait Finance House; Permata Cermat Sdn Bhd is not named, so the identity of the joint-venture vehicle is not established by this source.
Permata Cermat Sdn Bhd is a joint venture between Pavilion Group and Kuwait Finance House.
