The acquisitions, the Islamic REIT's first after its listing in September, would boost its total asset value by 12.8% to RM644.1 million.

Saiful Nizam's redesignation comes just a little over two months after he was made the company's executive deputy chairman.

Proceeds from the issuance will be used to fund the purchase of housing loans and house financing from the domestic financial system. 

The purchase order of S$3.2 million is equivalent to about 22% of the group's revenue for the FY2021 and raises Mestron's total order book size to RM63 million.

“The Government will table the emoluments budget in the next sitting, and then the full Budget will be tabled maybe in a matter of one to two months after that.”

It envisages no major capital expenditure required to enhance the building to cater for its production requirement.

Impiana Hotels Bhd has announced that the winding up petition served by Axventure Sdn Bhd over an unpaid sum amounting to RM2.26 million relating to a resort redevelopment has been amicably resolved.

Nga is Member of Parliament for Teluk Intan, Perak.

UEM Sunrise Bhd is disposing of 17 parcels of land in Perak, measuring a cumulative 1,776.6 acres to Sunsuria Bhd for RM75.52 million, as part of the group’s strategy to monetise non-strategic lands.  

Sunsuria Bhd 65%-owned indirect subsidiary Tapah Land Development Sdn Bhd has entered into three agreements to acquire 17 pieces of leasehold lands in Perak.