In a bourse filing, the group said the plots — measuring 10.86 ha — are being bought by its wholly-owned Paragon Platinum Sdn Bhd, which has inked the respective sale and purchase agreements with the vendors — Singaporeans Lim Thiam Seng and Lim Yok Sing and two companies linked to them, Eng Foo (Lim) Enterprise Sdn Bhd and Heng Foo Lim Enterprise Sdn Bhd — for the proposed acquisition.
Acquiring the properties, which include 16,208 square metres of freehold land and the buildings on it, will provide the group a greater flexibility in undertaking future expansion plans and eliminate the risk of non-renewal of tenancy, said Minda Global.
In a filing with Bursa Malaysia, the retail REIT, which owns six neighbourhood shopping centres throughout Peninsular Malaysia, said Johari Shukri will take over as the CEO from June 11.
CapitaLand Malaysia Trust has proposed to buy industrial properties in Penang from Dynaciate Group Bhd for RM80 million to venture into the logistics sector.
“It (e-wallet) is a very expensive game, so consolidation will come because some [smaller] players will just fall off, while some bigger players may look into mergers and acquisitions."
The alignment, also known as Section C, comprises a mainline measuring 143.1km in length, a spurline of 41.5km, five passenger/freight stations, and a future station.
These phone recordings revolved around Najib when he was sorting out the issues surrounding the investigation into 1Malaysia Development Bhd (1MDB) in 2016.
In a statement today, AirAsia said in conjunction with the announcement of the extra late-night flights, flights from Kuala Lumpur to Sibu, Bintulu and Miri, as well as the Johor Baru-Sibu route will be priced at RM149.