News about AME

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.

This is AME REIT’s second acquisition from AME Elite within 10 months.

“This venture beyond Johor will enable us to tap into new markets and meet increasing demand for industrial properties in Penang,” said the group in its latest annual report.

Following the termination, Econframe said it will receive an earnest deposit of RM1 million within seven days, along with the balance deposit of RM4.

According to AME Elite, the proposed acquisition, which is expected to be completed by the third quarter of this year, presents a strategic investment opportunity to increase its land bank.

In a note on Friday, the research house said AME missed its earlier set property sales target of RM350 million (actual: RM284 million) in FY2024 due to timing of conversion, instead of the demand factor.