MBSB CEO keeps mum about MBSB-AFB merger
MBSB president and CEO Datuk Ahmad Zaini Othman: At the end of the day, in any corporate exercise, it’s all about the pricing. If the pricing is right, then I suppose it’ll be okay.
MBSB president and CEO Datuk Ahmad Zaini Othman: At the end of the day, in any corporate exercise, it’s all about the pricing. If the pricing is right, then I suppose it’ll be okay.
Managing director Datuk Kevin Woo told reporters that the company is in the midst of building a healthier balance sheet, paving the way for a listing on the local stock exchange.
Titijaya Land Bhd has entered into an agreement with The Ascott Ltd for two of its upcoming property developments located in Penang and Shah Alam, Selangor, which have a collective gross development value (GDV) of RM4.1 billion.
This could lead to rates remaining the same.
Takaso said it intends to finance the development cost through fund raising exercise, internal funds and bank borrowings, which has not been finalised at this juncture