AME REIT to establish RM1b sukuk programme
The sukuk wakalah programme will have a perpetual tenure, with the first issuance expected within 90 business days from the date of lodgement or within a time frame specified by the SC.
The sukuk wakalah programme will have a perpetual tenure, with the first issuance expected within 90 business days from the date of lodgement or within a time frame specified by the SC.
The project is located in Brinchang’s commercial hub, featuring 705 residential units, with built-ups ranging from 595 to 1,370 sq ft, and priced from RM476,000.
“Overall, the board of directors expects the group to achieve better financial performance for FY2025,” AME Elite said.
SD Guthrie said the park will be developed on 641 acres of land in its estate in Kulai as a hub for high-value industries such as logistics, advanced manufacturing and clean technologies.
The collaboration marks KLK’s inaugural venture into industrial property development and represents an expansion for AME Elite outside of Johor and Penang, where it is a major industrial property developer.
The independent adviser noted the RM119.
RAM Rating Services Bhd has assigned a rating of “AA3” to the IMTN programme, and “P1” to the ICP programme, both with a stable outlook.
“The framework provides transparency and disclosures in terms of the relevant governing and decision-making processes employed by TNB in undertaking SFTs taking into consideration relevant environmental and social risk management in accordance with available best market practices in support of TNB’s overall sustainability strategy and Energy Transition Plan, thereby promoting overall credibility of such transactions undertaken.
Earnings per share fell to 2.
Gamuda Land chief executive officer Chu Wai Lune: “This innovative integration of AI technology within our homes perfectly aligns with our commitment to providing smart, sustainable and high-quality living solutions for our residents.