"In the case of Subang Airport, being a significant facility and major urban hub for Klang Valley residents, great care and deliberation is needed for the airport’s long-term future in the broader Malaysian aviation landscape.”
... despite the reintroduction of the MCO 3.0 in targeted areas, which is seen as a short-term blip to the recovery of the domestic economy.
"Neither has there been a discussion held with the government on the details."
MARC has assigned a preliminary rating of AA-IS with a stable outlook to the sukuk programme.
Its revenue fell 17.37% quarter-on-quarter (q-o-q) to RM138.91 million from RM168.12 million, dragged mainly by lower construction activities and lower work progress for its property development projects, the company’s filing with the local bourse showed.
SCSB has taken over Welcome Global's shares in SESB and will develop the property on its own since the property is located within its development project at Sunsuria City, Sepang
On top of the disposal of the Jasin land worth RM260.2 million, the group attributed the better profitability to the positive contribution from its ongoing development, namely Emerald Hills and Emerald 9 in Cheras