News by Wong Swee May

"Our associate company Solarvest, slated to debut on the ACE Market of Bursa Malaysia on Nov 26, is planning to raise RM34.59 million from its initial public offering (IPO)."

The new amenities include a 5,000-capacity state-of-the-art theatre, scalable to host A-list residencies and corporate events; a dynamic 75,000 square foot (sq ft) nightlife and day-life concept; a 50-foot diameter video globe, which will display over 6,000 sq ft of captivating LED content; and additional luxury suites, villas and penthouses with individual lobby experiences, open balconies and a sky casino, the news portal reported.

The silver lining is that the gradual resumption of several major infrastructure projects, such as the East Coast Rail Link, Mass Rapid Transit 2, Pan Borneo Highway, Bandar Malaysia, and Johor Bahru-Singapore Rapid Transit System, will help provide some growth support.

"When we look at it, what has sustained our growth are the diversified nature of our economic structure and the diversified nature of our exports in terms of our products and markets, which have helped cushion the impact of a more challenging external environment."

"The group, he said, has no intention to exit its business there as the group still views Hong Kong as a mature, affluent market that serves as a gateway to the larger Chinese market ..."

The occasion was celebrated with an intimate onsite ceremony attended by the mayor of Parramatta, Lord Mayor Bob Dwyer, EWI executive vice chairman Tan Sri Liew Kee Sin, and EWI president and chief executive officer (CEO) Datuk Teow Leong Seng.

Also, foreigners are not allowed to buy residential landed properties, unless the property is issued with a landed strata title as in gated communities.

The new unit placement to third party investors to be identified later represents up to 20% of Axis REIT's total issued units of 1.24 billion units as at Sept 30, 2019.

According to Times Herald-Record's website, minority shareholder David Mullen from New Jersey made the claim in a suit filed Tuesday in Supreme Court in Sullivan County.

...on the condition that it does not end up raising the cost of living and becoming a burden to Malaysians, according to the MoF.