Magma Group Bhd (KL:MAGMA) said on Tuesday it is acquiring a 2.26-acre plot of land in the Persiaran Dutamas area of Kuala Lumpur from a company connected to its executive chairman and major shareholder Datuk Seri Lee Hock Seng, for RM80 million.
Noteworthy:
When: July 2024
The shares have been suspended from trading since Aug 9 due to the now-set-aside winding-up petition filed by Strong Force (M) Sdn Bhd.
The NSRF addresses the use of the IFRS Sustainability Disclosures Standards issued by the International Sustainability Standards Board (ISSB) as the baseline for sustainability disclosures for companies in Malaysia.
“The demand for a sustainable, resilient and liveable urban environment has never been more pressing."
This is on the back of competitive data centre construction cost and average electricity tariff, coupled with a supportive regulatory environment from streamlined approval processes to conducive framework for data centre operations.
The order means that the winding up petition has been permanently set aside and no longer in effect.
Net profit for the three months ended July 31, 2024 (4QFY2024) was RM135.86 million compared to RM114.89 million over the same period last year.
Through this framework, TNB can utilise various financing instruments for its SFTs, which encompass sustainable and responsible investment (SRI), green, social and sustainability (GSS) and transition sukuk, GSS and transition bonds, as well as transition loans.
The Securities Commission Malaysia (SC) has outlined several conditions for single family office vehicles (SFOVs) to be eligible for the recently announced 0% concessionary tax rate, including assets under management (AUM) of at least RM30 million.
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