Axis Real Estate Investment Trust’s (REIT) net property income (NPI) in the third quarter ended Sept 30, 2022 (3QFY22), climbed 12.54% to RM61.49 million from RM54.64 million a year earlier, on the back of rental income from newly-acquired properties.
High building material costs and labour shortages caused Vizione Holdings Bhd to post a wider net loss in its third financial quarter ended Aug 31, 2022 (3QFY22).
Noteworthy:
When: May 2022
Glomac group managing director and chief executive officer Datuk Seri Fateh Iskandar Mohamed Mansor said sales of RM120 million to RM125 million were recorded so far for the first two quarters of FY23.
“Klang Valley, in particular, showcased a commendable take-up rate, contributing 89% of the total sales figure.”
Noteworthy:
When: August 2022
Tropicana Industrial Park’s proximity to the newly completed Sungai Pulai Bridge reduces travel time between Pontian and the Port of Tanjung Pelepas while its strategic location near the Malaysia-Singapore Second Link “facilitates traffic to Tuas and the Jurong East industrial area in Singapore as well”.
Mynews Holdings Bhd said a winding-up petition levied on its unit in relation to a rental dispute is set to be withdrawn following the settlement of the amount allegedly owed.
IJM Corporation Bhd’s wholly-owned subsidiary IJM Construction Sdn Bhd (IJMC) secured two contracts in Kapar and Shah Alam this week, amounting to RM982 million.
Berjaya Land Bhd (BLand) has acquired 40 million shares or 2.28% equity interest in Berjaya Food Bhd (BFood) for RM32 million cash, or 80 sen apiece.
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