CapitaLand Malaysia Trust plans RM250m private placement to repay borrowings
Based on an illustrative issue price of 57.
Based on an illustrative issue price of 57.
Malaysia Rail Link Sdn Bhd chief executive officer Datuk Seri Darwis Abdul Razak said that as of April, overall construction stood at 82.
Chief Secretary to the Government Tan Sri Shamsul Azri Abu Bakar said the project is on a solid track for completion in December 2026, with full operations expected to begin on Jan 1, 2027.
The bank’s package for MM2H participants includes preferential rates, fixed-rate unit-trust charges, automatic Maybank Premier status, and holistic financial advisory services.
JLL Malaysia head of research and consultancy Yulia Nikulicheva highlighted that vacancy in the logistics sector fell to 4%, down from 4.
The acquisition will turn Empire Resorts, the operator of Resorts World Catskills, Resorts World Hudson Valley, and Resorts World Bet in New York, from being GENM's 49%-owned associate to a fully-owned subsidiary.
Home Minister Datuk Seri Saifuddin Nasution Ismail the Ministry of Home Affairs (KDN), Ministry of Works (KKR), and Ministry of Transport will collaborate on the project to replace the existing structure that has been in operation since 1973, in line with a bilateral agreement between both countries.
The transaction, announced by Genting Malaysia on Friday via a bourse filing, will result in Empire Resorts becoming an indirect wholly owned subsidiary of Genting Malaysia, via Genting ER Ltd.
At present, the company is focusing on asset rejuvenation — including upgrading and refurbishing its properties — in an effort to attract more tenants.
“Continued observations of preferences for more flexible tenancy contracts and hybrid work arrangements suggest adjustments in supply still have some way to go.