MQReit 2Q NPI falls 12.4%, declares 3.43 sen DPU
Revenue for the quarter came in at RM39.19 million, down 10.3% y-o-y versus RM43.69 million.
Yap Ting Hau is now Meridian's CEO
He replaces managing director Teoh Seng Kian, who has tendered his resignation citing other work commitment.
IGB REIT's 2Q net property income rises 8.6%, to distribute 2.26 sen per unit
Looking ahead, IGB REIT said it would continue to push its asset enhancement initiatives and to raise on-ground promotional activities for shoppers and visitors...
UOA REIT's 2Q net rental income dips 3.8%, declares 2.03 sen DPU
On prospects, the commercial REIT said occupancy rates and rental rates will continue to be influenced by soft market sentiments.
Fajarbaru wins RM27m job in SPE highway
The project is also known as Duta-Ulu Kelang Expressway (DUKE) Phase-3.
Axis REIT buys property in Penang from Ire-tex for RM20.5m
The property, sitting on a piece of leasehold land measuring 90,040 sq ft, comes with a double-storey factory-cum-office building. Currently, the occupancy rate of the factory is 100%.
MAHB says Syarikat Pembinaan Anggerik raised claim to RM66.83m
MAHB said the development is not expected to have any material impact on the earnings and net assets of the company, since it is subject to strict proof at the full trial of this case in November.
Pegasus Heights sees impact from cancelled RM24m project
Pegasus said the company and GE Properties Sdn Bhd had both mutually agreed to cease the letter of award (LoA) for the job.
RM26b special dividend received, RM24.7b used to pay tax refunds — Pua
Pua said Putrajaya has so far received RM26 billion of the RM30 billion special dividend from the national oil corporation.
CAB Cakaran terminates some SPAs to buy properties in Johor
AKFI served the notice of termination on SPA 2, SPA 3 and supplementary SPA 2 respectively to the vendors and requested for the refunds of all monies paid to the vendors amounting to RM373,000.
