The plantation group announced to the stock exchange that its plan to sell the remainder of three land plots in North Kalimantan did not materialise, due to the non-fulfilment of a condition precedent.
Calls on the REIT’s units remained mixed following the latest quarterly results, although analysts flagged its appealing distribution yield as compared to the sector average.
Under the settlement agreement with the Inland Revenue Board, the taxes payable by Saujana Triangle Sdn Bhd would be reduced to RM12.
On Wednesday, the AGC said in a statement that it will represent the Federal Territory of Kuala Lumpur Land Registrar in applying for a stay of the court decision, and to file an appeal at the Court of Appeal.
BMI said the sustainability-linked regulatory framework proposed by the Ministry of Energy Transition and Water Transformation may carry some degree of risk for data centre builders and operators already engaged in the construction of campuses or facilities.
Revenue for the quarter rose 33% year-on-year (y-o-y) to RM55.
KL’s industrial market saw completions in 1H2024 with approximately 1.
The plant located in Kulim High Tech Park is slated to be the largest 200-millimetre front-end manufacturing site for Infineon, focusing on automotive, green industrial power and power, and sensor systems.
RHB Bank also kept its "buy" call, with a dividend discount model (DDM)-derived target price of 91 sen.
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