Ireka plans private placement to raise RM11.58m for working capital
The placement will involve 18.67 million shares, which will be issued to third-party investors to be identified later at a yet-to-be issue price.
The placement will involve 18.67 million shares, which will be issued to third-party investors to be identified later at a yet-to-be issue price.
Quarter-on-quarter, however, the REIT’s rental income weakened 2.77% from RM22.69 million in the first quarter.
Net earnings per unit rose to 0.54 sen in the quarter, from 0.01 sen in 2QFY20.
Despite the Covid-19 taking its toll on some establishments though, with banners seeking for rentals hung on several units, the SS2 district in Petaling Jaya, Selangor has not appeared to lose its “liveliness”
Some feel that brick-and-mortar shops may be going out of fashion, no thanks to the pandemic. Do you agree?
The proceeds to be received from the subscription of shares will be utilised by TPSB for working capital and other financial obligations.
The Maritime Cultural Tower is one of the towers at the RM6.5 billion The Sail Melaka, a strategic development along the Melaka Waterfront Economic Zone.
Although 1H2021 investment volume is 6% lower than 1H2019, JLL anticipated Asia Pacific investment volume to rise 15-20% by the end of the year.
REHDA president Datuk Soam Heng Choon: This current challenging time affects all Malaysians in a myriad of ways, especially hospitals and healthcare personnel standing at the forefront of this pandemic, and the donation is the least the association can do to help the frontliners weather this turbulent storm
This is the second highest daily figure recorded by the country, after the 13,215 infections reported on July 15.