Property developer Avaland redesignates Apollo as group ED and CEO, effective Jan 1
He succeeded Teh Heng Chong, who has resigned to pursue his personal interest.
He succeeded Teh Heng Chong, who has resigned to pursue his personal interest.
The group said its wholly owned subsidiary Xepa-Soul Pattinson (Malaysia) Sdn Bhd had entered into a sale and purchase agreement with Panasonic Appliances Refrigeration Devices Malaysia Sdn Bhd (PAPRDMY) for the proposed acquisition.
Judicial Commissioner (JC) Roz Mawar Rozain observed this while presiding over the defendants’ application to strike out the suit by Mohd Hatta Sanuri against former prime ministers Tun Dr Mahathir Mohamad and Tan Sri Muhyiddin Yassin, and several others over the Kuala Lumpur-Singapore high-speed rail (KL-SG HSR)’s cancellation two years ago.
Research houses said the group's financial earnings for the quarter came in within their expectations, thanks to all segments of the group, particularly its hotel and management segments, showing strong financial performance for the quarter.
PBWA Kapar will be spread across a 2.
The group — comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT) — saw quarterly revenue grow 7.
In tandem with the group's current higher confirmed sales of RM289 million, Phillip Capital expects Lagenda's unbilled sales to climb and reach a record high of RM855.
The 29-year-old property cost the group RM21.
Pointing to recent news on the possibility of a high-speed rail (HSR) project between Ipoh and Kuala Lumpur, MIDF said the project would improve demand for properties in Ipoh and concurrently benefit property developers that have exposure in the state.
The disposal gives rise to an opportunity to strengthen its liquidity and cash flow, which can be channelled to repayment of bank borrowings and working capital, Teo Seng said in a stock exchange filing on Tuesday.