The Malaysia Retailers Association is strongly urging the government to reconsider the electricity tariff hike, scheduled to take effect from July 2025, and to hold immediate dialogues with stakeholders to address their concerns and explore alternative solutions.
Datuk Mohd Anuar Taib has more than 30 years’ experience in the oil and gas industry, holding senior management positions in Petroliam Nasional Bhd (Petronas) and Shell Malaysia.
MUI Properties said Gamuda acquired the land in the industrial park of its flagship Bandar Springhill development for the outfit's high-tech digital infrastructure hub.
Introducing a new board of property managers doesn’t address any issues but instead opens doors to individuals lacking the education, credentials and qualifications required for property management.
The building, which is currently vacant, will serve as the office for Apex Group and its subsidiaries, the company said.
Shares of MUI Properties have more than doubled so far this year, after hitting a two-decade high on Sept 30.
The Johor-based property developer recorded a net profit of RM103 million for the quarter ended Oct 31, 2024 (3QFY2025), compared to RM18 million a year earlier, according to a bourse filing on Friday.
“These approvals enable us to execute our strategic vision and capitalise on opportunities in the dynamic property market,” said Paragon Globe executive chairman Datuk Seri Edwin Tan Pei Seng.
This is as occupancy rate for Parcel B — Menara UOA Bangsar (MUB) is expected to rise to above 60% in the fourth quarter of financial year 2024 (4QFY2024), from 58% in 3QFY2024, the research house said.
Prime Minister Datuk Seri Anwar Ibrahim said the upcoming electricity tariff adjustment would involve “only the ultra-rich (mahakaya) or profitable industries (yang mencatat keuntungan)”.
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