Hektar REIT banks on turnover lease
Retail-focused trust manages rental pressures by charging according to tenants’ sales.
Retail-focused trust manages rental pressures by charging according to tenants’ sales.
High initial cost among hurdles faced by stakeholders.
EcoWorld will be having the first property launch at its latest township development Eco Forest by end-2017.
The rating firm pointed out that Malaysia's household debt currently stands close to 90% of the gross domestic product (GDP) — compared with 79.8% in Thailand and 75.3% in Singapore.
At 9.31am, Mitrajaya rose 2 sen to RM1.12 with 1.75 million shares done.
Lien Hoe, in a filing with Bursa Malaysia, said the letter of demand, served by its wholly-owned unit Pro-Meridian Sdn Bhd, requires AQRS-TBC to pay RM50 million and an accrued interest of RM456,954.
Under the first contract, Mitrajaya said, Pembinaan Mitrajaya Sdn Bhd will undertake the construction of an academic building and a car park for a higher learning institution in KL for RM333.55 million.
“At the current level of the OPR, the stance of monetary policy remains accommodative."
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