Lim Seong Hai launches ACE Market IPO prospectus, seeks to raise up to RM168m
The IPO, priced at 88 sen per share, comprises 132 million new shares and an offer for sale of 59 million existing shares, according to the prospectus released on Friday.
The IPO, priced at 88 sen per share, comprises 132 million new shares and an offer for sale of 59 million existing shares, according to the prospectus released on Friday.
NSIP is the first managed industrial park in the country to receive the recognition.
Our concerns regarding the proposed URA are well founded and highlight critical legal and constitutional issues.
A congestion charge is a fee imposed on vehicles entering certain busy areas, usually city centres, to reduce traffic congestion and encourage public transport use.
The disposal is expected to generate a net gain of RM9 million, which Axis REIT plans to fully distribute the sum.
Shareholders of the company will receive one bonus share for every existing share held, the company said in a filing.
“Under the proposed Act, the government has no right to relocate any owners.
Under the previously scrapped "Project Moonshot", Boustead was to transition from a diversified conglomerate into a real estate-focused entity.
According to the draft, the consent threshold for participation is as follows: 80% for buildings of 30 years, 75% for buildings more than 30 years, and 51% for abandoned buildings.
The rejuvenation project of the 1,583 sq ft single-storey detached house, which was formerly used as a shelter for the underserved community, took 18 months to complete and costs RM275,000 to build.