Axis REIT to distribute The Annex sale gains through FY2025; 2Q income up 20%
Axis Real Estate Investment Trust (KL:AXREIT) said it plans to distribute the net gain on disposal of The Annex of RM8.8 million to unitholders over three quarters.
Axis Real Estate Investment Trust (KL:AXREIT) said it plans to distribute the net gain on disposal of The Annex of RM8.8 million to unitholders over three quarters.
The contract, initially awarded in October 2024, pertained to Phase 1B of Sabah’s Pan Borneo Highway,
Kedah-based property developer Oriental Interest Bhd (KL:OIB) reported its highest-ever quarterly net profit of RM45.48 million for the third quarter ended May 31, 2025 (3QFY2025), driven by record revenue of RM305.25 million.
Country Heights Holdings Bhd (KL:CHHB) said the group has been served with a winding-up petition by the Inland Revenue Board over RM312,560 in unpaid taxes.
UOA Real Estate Investment Trust (KL:UOAREIT), which mainly manages commercial properties, saw its net rental income increase 8.9% to RM17.96 million for the second quarter ended June 30, 2025 (2QFY2025), compared with RM16.48 million a year ago, driven by improved occupancies.
TT Vision Holdings Bhd (KL:TTVHB) entered into an agreement with the Penang Development Corporation (PDC) on Wednesday to lease a 3.6-acre industrial plot in the Bayan Lepas Industrial Park.
Sentoria Group Bhd (KL:SNTORIA) has reached a settlement with its former CEO, Datuk Loh Yuen Tuck, in the Industrial Court.
Tan Sri Liew Kee Sin, executive chairman of Eco World Development Group Bhd (KL:ECOWLD), has disposed of a total of 100 million shares, or a 3.36% stake, in the company within two trading days—last Friday and Monday.
Sabah-based property developer KTI Landmark Bhd (KL:KTI) has secured a RM130.6 million contract to build the Malaysian Building Academy (ABM) campus in the state.
PetGas reiterated its ongoing commitment to full transparency, continuous improvement, as well as care for those affected.