"The proposed debt restructuring was approved by 97.56% of the Class B creditors present and voting either in person or by proxy in the scheme creditors' meeting on Friday," AAX said in a bourse filing.
The last time the country reported R0 above 1.0 was Aug 31 (1.02), when Covid-19 cases stood at 20,897.
The new job involves the construction of one block of 35-storey service apartment in Petaling sub-district.
The auditor also highlighted that the group’s shareholders’ equity deficit of RM41.596 million as at June 30 is less than 50% of its share capital of RM456.23 million.
... with a net net loss of RM7.98 million for the first quarter ended Sept 30, 2021, compared with a net profit of RM8.55 million a year earlier.
The purchase consideration for the acquisition has been fixed RM50 per square foot and on an “as is where is basis”.
The group, which comprises KLCCP and KLCC REIT, also saw its quarterly revenue fall 16.72% to RM260.34 million versus RM312.6 million
The contract is for the construction and completion of 66 units of double-storey terrace houses, one security guardhouse, one Tenaga Nasional Bhd (TNB) sub-station, one entrance gateway, one Phase 1 notice board, and infrastructure works on part of the land held under Lot 653, in Kluang district, Johor.
BNM said in a statement on Wednesday that risks to Malaysia’s economic growth outlook include weaker-than-expected global economic growth, worsening supply-chain disruptions and the reimposition of containment measures due to the impact of new Covid-19 variants of concern," said BNM.
The various construction works are expected to start from the third quarter of 2022 and be completed by the fourth quarter of 2026.
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