“AME REIT would have remaining financing headroom of more than RM430 million to explore future acquisitions, be they from AME Elite or from third-party sources within and beyond Johor, to sustain our momentum.
En added that on adjudication alone, fees worth hundreds of millions have been paid by disputing parties since its inception and this does not include legal expenses incurred at various courts and arbitration.
“The MRT project is currently already at an advanced stage and should be implemented soonest.
Unitholders also approved a private placement of up to 1.
Quarterly revenue, however, fell marginally by 2.
On Dec 1 last year, the company said it was still in the midst of formulating a regularisation plan to address its financial condition.
“Through the programme, the government’s aim should be to help the industries and the nation’s economy recover, so companies can offer more jobs to more workers and be profitable to pay taxes.
Market will grow as there is stability in the country Secondary market is expected to perform from pent-up demand The Malaysian property market is expected to improve in 2023 as long as the fundamentals and government’s support through incentives are in check, according to the Malaysian Institute of Estate Agents (MIEA).
Since 2013, banks have somehow been “selling” and “billing” the security documents to lawyers for prices ranging between RM100 and RM600.