News by Esther Lee

For the quarter, revenue increased by 60.19% to RM90.06 million from RM56.22 million in the previous year. 

The REIT’s assets include Menara IGB, IGB Annexe, Centrepoint South, Centrepoint North, Boulevard Properties, the Gardens South Tower, Gardens North Tower and Southpoint Properties at Mid Valley City. 

Notably, the exemption of interest payments will only involve the recipients of the moratorium from the bottom 50% group in terms of income classification for a period of three months from October to December 2021. Undoubtedly, this will impact the banks' interest income trends in the fourth quarter of 2021 (4Q21).

The renewable energy and contracting division contributed RM18.2 million to revenue while its Malaysian properties division contributed RM8 million to revenue

Teoh disposed of 20.13 million units in the REIT in an off-market transaction that was announced on the stock exchange today. 

Of the 408,295 vaccine doses administered, 155,669 were first jabs and 252,626 were second shots.

IAG reported that under the new deal, gentingcasino.com will be marketed on the SkillOnNet network by Prime Gaming

While Kuala Lumpur and Selangor remain in Phase 1 of the NRP, more restrictions were loosened on business operations and social activities recently.  

Malaysia’s daily administered Covid-19 vaccine doses slipped to 441,100 on Aug 22 from 469,690 a day earlier.  

The total number of fully vaccinated persons hit 12.08 million, representing 37% of the total population.