KIP REIT sets up RM2b mid-term note programme
KIP REIT Management announced in a stock exchange filing yesterday that the MTN programme shall have a perpetual tenure.
KIP REIT Management announced in a stock exchange filing yesterday that the MTN programme shall have a perpetual tenure.
High Court judge Justice Collin Lawrence Sequerah, who initially had fixed July 8 as the beginning of Shafee's trial, has now fixed March 9-13, March 30 to April 2, May 12 to 14 and May 18 to 21 as the new trial dates for the case.
The claim against NFC and the Salleh family amounted to RM253.62 million — representing the sum owed to the government, together with interest of 2% per annum and default interest on RM224.77 million as at April 30, 2019.
The group said the rise in its 3QFY19 net profit is due to better sales performance achieved from the manufacturing and property divisions.
The member of parliament for Bagan Datoh claimed trial to all charges.
Namely its Dutamas project or ALIX Residences in North Kiara and TA 3 & 4 in KLCC.
The group said now is a good time to lock in potential good landbank that meets its business model and criteria, given the group's healthy balance sheet and the less intense competition between developers.
"The sum involved is very big and hence it gives an impact to public interests as it involves millions of ringgit."
"There is also an allegation of another account in existence in 2017 but our investigations showed that the account does not exist."
On the back of better sales performance achieved from both the manufacturing and property divisions.