Gamuda Land inks MoU with Samsung to equip Gamuda Cove’s The Camellia show unit with Bespoke AI home appliances
As part of the bigger Gamuda Cove township development located in Kuala Langat, Selangor, the 25.
As part of the bigger Gamuda Cove township development located in Kuala Langat, Selangor, the 25.
In a note on Thursday, the research house said AME Elite's stronger earnings were driven by higher contributions from its property development, engineering, and property investment segments.
With the additional rental from the three newly-acquired industrial properties, the industrial REIT’s net property income (NPI) grew 14.
“This proposed acquisition brings excitement to the group as it enables us to tap into ETA World’s expertise in the construction and property development of industrial properties, enabling the enlarged group to take advantage and ride on the favourable prospects of the industrial property market.
“AME stands out in terms of its sole focus on industrial properties, which also offers a unique exposure to capture the ongoing inflow of foreign direct investment.
RHB said the potential addition of new land, especially in Johor, could be a share price catalyst as AME has been anchoring the industrial sector in Iskandar Malaysia.
The industrial REIT proposed an interim distribution of 1.
Of the 12 leases, AME REIT has successfully renewed leases with five existing tenants, obtained one replacement tenant, and confirmed lease renewals with six existing tenants, which will be finalised by end-FY2024.
Tan, 46, started his career with KPMG Malaysia in 1999 after his graduation from University of Technology, Sydney, Australia.
The commission said the imposition of fixed conveyancing fees is inconsistent with the fact that litigation fees in Malaysia do not follow fixed rates.