AME REIT seeks to explore more acquisition opportunities
AME REIT said the financial headroom will enable the group to look into exploring future acquisitions within and outside Johor.
AME REIT said the financial headroom will enable the group to look into exploring future acquisitions within and outside Johor.
Quarterly revenue also surged to RM101.5 million, from RM47.44 million previously.
Earnings per share rose to 5.88 sen from 4.77 sen in 4QFY2021.
Nga said the rates that can be charged for such entities in Malaysia are now one of the lowest in the region.
Quarterly revenue improved 15.57% to RM81.80 million, from RM70.78 million for 3QFY2022, with the property development segment as the major revenue contributor.
Under the MOU, MBAM and CCIWC will work together to advise both members on reducing legal disputes by using mediation as a better alternative to resolve construction disputes.
... in its bid to attract more international investment and tourists to the country.
Earnings per share climbed to 1.38 sen from 1.25 sen previously.
The freehold commercial land development will take up a land area of approximately three acres and the gross development value of the project is estimated at RM3 billion.