News by Emir Zainul

In a filing with Bursa Malaysia yesterday, UEM Edgenta said the shareholders of ETSB have mutually agreed to terminate the JV agreement, with the intention of winding up ETSB.

Forecasts of further OPR cuts are stoking interests in dividend stocks, including REITs.

In a filing with Bursa Malaysia yesterday, Sunsuria said Koong Wai Seng, 52, resigned "to pursue other personal goals and interests".

Sime Darby Property will see its industrial and logistics development start contributing to its revenue from 2021 onwards, according to chief transformation officer Fairuz Radi.

KPJ Batu Pahat Specialist Hospital is a seven-multi-storey purpose-built hospital building with a built-up area of 157,500 sq ft comprising structures, landscaping, installation, facilities and infrastructure together with car parks.

KLCCP Stapled Group proposed a distribution per stapled security of 8.8 sen — comprising 6.23 sen for KLCC REIT and 2.57 sen for KLCC Property — to be paid on Oct 4.

Both governments now working behind the scenes to iron out the details — transport minister

"Beyond 2019, we expect cement prices to recover gradually, as construction activities pick up (expected by 1H20). However, we reckon that the expected pick-up next year will happen on a gradual basis as work contribution from mega project revivals may be partially offset by lower construction contract awards seen post GE14 and weak property sentiment."

In a filing with Bursa Malaysia today, S P Setia said the fair value gain of RM343.8 million arose from the remeasurement of existing equity stake in Setia Federal Hill Sdn Bhd when the group acquired the remaining stake in the company, which has since become a wholly-owned subsidiary of the group.
 

A discussion on the way forward for the highway toll industry will start during the next Cabinet meeting this month.