Sunway plans for more mall openings
H C Chan, CEO of Sunway Malls & Theme Parks: Overall, at the national level, there is definitely an oversupply. But there are pockets that are still underserved. It depends on the location.
H C Chan, CEO of Sunway Malls & Theme Parks: Overall, at the national level, there is definitely an oversupply. But there are pockets that are still underserved. It depends on the location.
Moving forward, the group said its construction outstanding order book of RM2.4 billion as at June 30, 2019 will be able to provide earnings visibility for the next two to three years.
"Comparing ECL of 2QFY19 and 2QFY18, the reduction of ECL was due to improvement in stage 2 of corporate portfolio and a reduction in stage 3 of retail portfolios," MBSB said.
On prospects, the group stressed that property development, which accounted for 80% of its revenue in 1HFY19 remains its main earnings driver, and that it is positive on the segment's outlook remaining positive despite the challenges facing the industry.
In a filing with Bursa Malaysia yesterday, Sunsuria said Koong Wai Seng, 52, resigned "to pursue other personal goals and interests".
Here are seven of the oldest areas in Kuala Lumpur and the stories behind their names.
Close to other tourist spots like Dataran Merdeka and Petaling Street, Central Market is a popular place for tourists who are eager to take home Malaysian art works, handicrafts and other souvenirs.
This resulted in a higher earnings per share of 4.05 sen for 2QFY19 compared with 3.07 sen for 2QFY18.
In a statement, the Finance Ministry said prices per litre of RON95 and diesel remain at RM2.08 and RM2.18 respectively.
The lower charge is a bid to mitigate the imposition of the departure fee on passengers leaving Malaysia and encourage the growth of the tourism sector