MARC Ratings has assigned the final ratings of AIS(cg)/MARC-1IS(cg) to SkyWorld Capital Bhd’s RM300 million Islamic Medium-Term Notes (IMTN) and Islamic Commercial Papers (ICP) programmes with a stable outlook.
Property development and management company Menang Corp (M) Bhd was issued an unusual market activity (UMA) query by Bursa Malaysia on Wednesday (April 26) due to a sharp rise in its share price and trading volume recently.
Advancecon Holdings Bhd’s unit has been appointed as a subcontractor for the construction and completion of subgrade earthwork of section five of the East Coast Rail Link (ECRL) project for RM11.54 million.
Bok Yu is the son of SHH Resources founder and managing director Datuk Teo Wee Cheng, who along with his wife Datin Teo Chan Huat, are major shareholders in the group with a combined stake of 17.28%.
It expects to draw more than a million shoppers living within a 30 to 45 minute drive from the retail mall.
Excluding Malaysia, tourist arrivals to Indonesia, the Philippines, Singapore, Thailand and Vietnam have recovered to an average of about 60% of 2019 levels
Arlina, who served the central bank from September 2000 to July 2022, has 25 years of experience in the banking, finance and economics industries.
Rashdan has given up all directorships effective immediately while his last day at Gamuda will be June 30.
The JV partner is Fivestar Development (Puchong) Sdn Bhd, who issued the notice in relation to a residential development in Petaling, Selangor, that the entities were jointly developing.
Pavilion Real Estate Investment Trust (REIT)’s net property income rose 11.5% to RM104.8 million in the first quarter ended March 31, 2023 (1QFY2023) from RM93.99 million in the same quarter a year earlier, as it reported stronger revenue thanks to higher rental income due to increased occupancy, rent revenue, and advertising and marketing income at its retail malls.
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