The retail segment is the largest segment for the REIT, contributing over 76% of net property income (NPI) in the first nine months of financial year 2019 (9MFY19).
Recall UEM Sunrise boldly entered into a joint venture to develop a 73-acre (29.54ha) land in Kepong yielding a gross development value (GDV) of RM15 billion over 15 years.
Involvement in the development of North Jakarta’s Islamic Financial District (IFD).
RHB Research Institute: Maintain neutral with a lower target price (TP) of 75 sen.
There is potential for Edgenta’s subsidiary Edgenta Propel Bhd to win the maintenance work contract for the Pan Borneo Highway Sabah project, despite the possibility of a change in the project delivery partner model.
CMSB shares hit limit down last Friday, with shares falling 29.75%.
Terms of the PDP Package 1 agreement will be negotiated over the next three weeks.