EcoWorld issues maiden RM550m sukuk for working capital, capex
The sukuk, which has a tenure of five years, will also be used for general corporate purposes of the group and/or of any joint ventures, as well as to refinance any existing borrowings.
The sukuk, which has a tenure of five years, will also be used for general corporate purposes of the group and/or of any joint ventures, as well as to refinance any existing borrowings.
Yeoh said Malaysia is a relatively young nation with a high urbanisation rate, factors which will drive demand for housing and infrastructure development.
The research house said the results were within the house (103.2%) but exceeded the consensus (105.7%) full-year forecasts.
The fair is expected to draw more than 250,000 visitors.
Kee was also a former managing director of NWP Holdings Bhd.
Top Builders, formerly known as Ikhmas Jaya Group Bhd, said it is currently working with auditors to revise the timeline for completing its audited financial statements before the Oct 31 deadline.
MainStreet Advisers said based on the revalued net asset value approach, the offer price per share represents a discount of RM14.92 or 86.64% of each Mulpha share.
The earthwork package of Langkasuka Village is worth RM40 million and it is targeted for completion by August 2023.
EPF holds a 5.51% stake or 224.55 million shares in S P Setia as at Oct 6, 2022.
"Entering its 19th year of operations, BTS mall had an occupancy rate of 86% as at June 30, 2022."