Tropicana continues debt reduction efforts with RM139m sukuk redemption
In a statement, Tropicana said redemption under the sukuk programme, launched in 2020 to fund development plans, reflects efforts to manage its debt.
In a statement, Tropicana said redemption under the sukuk programme, launched in 2020 to fund development plans, reflects efforts to manage its debt.
Jaya Grocer will anchor the podium, joined by 7 Eleven, Food City, Hairmo Hairdressing, Health Lane Family Pharmacy, Hock Kee Kopitiam, Komune Care, Luckin Coffee, Nasi Lemak Shop, R Pharmacy, and ZUS Coffee.
The sale reduced EPF’s shareholding in the property developer to 4.
In its initial phase, the IEIP project covers 17 selected industrial parks across different business models, development stages and stakeholders.
In a filing with Bursa Malaysia on Wednesday, the auditors said the company was unable to provide fundamental accounting records and supporting documentation necessary for their audit procedures.
The freehold high-rise mixed development comprises a 33-storey serviced apartment tower with 494 units and 10 commercial shoplots, with a gross development value (GDV) of RM309 million.
GUH Holdings will invest in research and development, adopt specialised manufacturing techniques, and improve factory layout and automation to boost efficiency, reduce costs and increase profits.
The funds may also be used to finance projects, investments and asset acquisitions, as well as cover related fees and expenses, according to its filing with Bursa Malaysia on Wednesday.
Ijok, Selangor industrial land sold for RM6.
The MOU follows Golog’s recent strategic cooperation agreements with China Henan Aviation Group Co Ltd that were signed on Sept 18 to strengthen industrial park development and enhance air cargo capacity between China and Malaysia.