KLCCP issues RM1.95b sukuk to fund 40% stake buy in Suria KLCC
The Sukuk Wakalah has a tenure ranging from three to five years, offering a periodic distribution rate between 3.
The Sukuk Wakalah has a tenure ranging from three to five years, offering a periodic distribution rate between 3.
Think City awarded eight applicants, who went through expert evaluations, workshops and a pitch event, with the grants.
In a note, Kenanga Investment Bank Bhd said it is optimistic about KLCCP's prospects in the upcoming quarters, bolstered by the office division's robust 100% occupancy rate as of end-December 2023, increase in hotel operation’s occupancy ratio from 52% to 55%, and improved performance in the management services due to the rise in transient and season car park customers.
The group — comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust — saw quarterly revenue grow 7.
KLCCP said it has entered into a share purchase agreement with Ocmador (Malaysia) City Retail Centre Sdn Bhd, Port Moresby Investments Ltd and Bold Peak Sdn Bhd for the proposed acquisition.
Think City urban mechanics director Daniel Lim: Those that are restored will fetch a better value than those that are dilapidated.
DONE DEAL: Terrace house, Taman Cheras Vista, Selangor DONE DEAL: Residential land, Bukit Damansara, Kuala Lumpur Located within the heart of Kuala Lumpur's vibrant cityscape, Tropicana The Residences KLCC stands as a pinnacle of sophisticated urban living.
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.
The group — comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT) — saw quarterly revenue grow 7.
DONE DEAL: Agricultural land, Tanarimba, Janda Baik, Pahang DONE DEAL: Serviced residence, Residensi Lucentia, Kuala Lumpur The Pearl is situated in the highly sought-after and esteemed district of the city, adjacent to renowned landmarks like the Petronas Twin Towers and the Pavilion Kuala Lumpur.