News about IT

Axis REIT said the latest placement involves issuing up to 100 million new units, representing up to 6.

The group's largest contributor, the office segment, logged a marginal 0.

It said the lower income recorded for 9MFY22 was mainly due to lower revenue contributions from Wisma Technip and Quill Building 2, which were partially offset by increase in revenues from Menara Shell and Plaza Mont Kiara, lower property expenses and finance costs.

The acquisition of Queensbay Mall will deepen CLMT’s presence in Penang, thus strengthening its foothold in the northern region of Malaysia, where it already owns Gurney Plaza and is targeting to complete the acquisition of its first logistics property in Penang in the fourth quarter of this year.

On the RM7.

“The land has an upside potential in terms of capital appreciation as it is strategically located in the Kulim area and is only 3km away from KHTP, a mega international industrial scheme that is expanding rapidly.

The Edge Malaysia-PEPS Value Creation Excellence Award recognises the property with market value that has appreciated the most during the period judged.

The REIT, which owns the Mid Valley Megamall and The Gardens Mall, declared a distribution per unit of 2.

A back-of-an-envelope calculation, based on Eonmetall's closing price of 72 sen on Oct 31, indicated that the block would have cost Chuah RM14.

The committee’s final interest rate hike of 2022 was in line with Bloomberg median economist expectations and marked the fourth consecutive 25bps hike of this year, translating to a year-to-date increase of 100bps.