Vizione to cut share capital by RM500m to offset accumulated losses
After the proposed capital reduction, Vizione is expected to narrow its accumulated losses to RM20.
After the proposed capital reduction, Vizione is expected to narrow its accumulated losses to RM20.
This came after Singapore initiated an investigation on whether servers from US firms Dell and Supermicro containing the chips used in artificial intelligence (AI) applications ended up in unknown final destinations after being first shipped to Singapore-based companies and then exported to Malaysia.
The proposal entails the issuance of up to 1.
Cross-border capital flows also rose by 12% to US$171 billion, underscoring the international appetite for real estate.
Through Medini Innopolis, IIB is positioning Medini as a future-ready city that integrates innovation, sustainability, and economic prosperity.
According to RHB, the sector recorded a high amount of RM159 billion of work done in CY2024, a 20% year-on-year increase.
The policy aims to ensure consistent, accurate, and transparent valuations that comply with professional standards.
The land is located at Eco Business Park II in Senai, Iskandar Malaysia.
“There’s a lot of effort going into monetising the three campuses, the hotel and the office.
“But we are now re-studying whether we could do a whole redevelopment.