Special dividend among options for proceeds from E&O stake sale, says Sime Darby
Sime Darby bought into E&O about a decade ago, in 2011
Sime Darby bought into E&O about a decade ago, in 2011
The average monthly gross rental rate (per sq ft of net lettable area or NLA) was RM6.73, the PPK Malaysia Shopping Industry Survey showed.
In contrast, about 31% anticipate it will happen later this year.
The hearing in the Court of Appeal was originally scheduled to be held on March 24, but it has since been postponed to Aug 24.
Najib had failed to disclose the contributor's identity while the party claimed that it was a political donation.
Selangor again had the most number of new cases with 219.
The stock has been heavily traded since the appointment of a non-family member, CEO Abdul Jalil Abdul Rasheed. And right now, it has sparked speculation about what Berjaya group’s boss Tan Sri Vincent Tan’s next move will be.
Affin Hwang Capital’s analyst Loong Chee Wei in a note today said, he believed the takeover price of 60 sen is reasonable given the high implied FY22 price to earnings ratio of 28 times and challenging prospects for E&O as border closures remain, which affects the sales of its high-end residential project.
Sarawak’s number of new cases rose to 426 to become the state with the highest daily figure of fresh infections.
Meanwhile, the number of persons reported to have recovered from Covid-19 stood at 1,257, which brought the total number of recovered cases across the country to 325,182