Paramount Corp Bhd said it expects to report stronger earnings for the second half ending Dec 31, 2023 (2HFY2023), driven by new launches and ongoing efforts to improve its return on assets.
TA Securities is positive on CapitaLand Malaysia Trust’s (CLMT) disposal of the lowly occupied 3 Damansara Office Tower in Petaling Jaya, Selangor.
Pavilion Real Estate Investment Trust (Pavilion REIT) plans to purchase renewable energy (RE) under the Corporate Green Power Programme (CGPP) to power its malls.
Lion Industries Corp Bhd’s proposed RM92.03 million land disposal announced on Sunday has raised questions from Bursa Securities.
Axis Real Estate Investment Trust (Axis REIT) is suing a former tenant at Axis Steel Centre @ SiLC in Nusajaya, Johor to recover unexpired future rental payments amounting to RM105.4 million.
The sale consideration is at a 4% premium to its valuation of RM50 million at end-July.
KIP REIT is purchasing the land piece together with the one-and-a-half storey commercial centre from Cahaya Serijaya Sdn Bhd.
Under the partnership, ENGIE Services Malaysia and Gamuda Land will collaborate on the exploration and implementation of solar technologies, energy efficiency, and sustainable transportation solutions in Gamuda Land’s townships.
The project entails 22- and 23-storey towers that will consist 661 units of serviced apartments, 48 units of retail and 114 units of office space.
According to a prior filing, Renofajar received a winding-up order dated August 4 issued by the High Court of Sabah and Sarawak on Aug 28.
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