Thriven Global obtains RM15m credit facility to finance working capital needs
The group said the one-year credit facility will also be used to help defray expenses from its Klang Valley development projects.
The group said the one-year credit facility will also be used to help defray expenses from its Klang Valley development projects.
In a Bursa Malaysia filing today, I-Bhd said group revenue fell to RM42.21 million from RM107.16 million.
"The new launches from The Peak and The Conlay will then drive our unbilled sales, because our strategy for the past three years is not conduct new launches but focus on our existing inventory."
With the group's property project in Genting Permai being completed this year, its property development segment also contributed lower earnings.
In Singapore, Selangor Dredging's ongoing development One Draycott will be aimed at customers from Hong Kong and Mainland China. One Draycott is located in District 10, Singapore.
CGS-CIMB research analyst Raymond Yap estimates the disruptions could result in a fine of around RM1.65 million for MAHB, going by the set of Quality of Service or QoS criteria that regulator Malaysian Aviation Commission uses to evaluate KLIA and klia2, each month since September 2018.
These include its most recent issuance of RM300 million three-month conventional commercial papers (CCPs) and RM305 million three-month Islamic commercial papers (ICPs).
The group declared a first interim dividend of one sen, unchanged from a year ago and payable on Oct 10.
It is still urging all passengers departing from KLIA to arrive at the airport at least four hours ahead of flight departure time, and to check-in online via their respective airlines' mobile apps and websites.