Genting Malaysia invests another US$100m in Empire Resorts
Genting Malaysia’s share price had come down after the the Malaysian casino and resorts operator announced its investment in Empire Resorts back in August 2019.
Genting Malaysia’s share price had come down after the the Malaysian casino and resorts operator announced its investment in Empire Resorts back in August 2019.
"Upon completion of the proposed acquisitions, AME REIT retains a premium portfolio of 37 properties containing freehold industrial properties and worker dormitories with steady tenancies.
Better earnings for the quarter were attributed to lower expected credit losses on loans, financing and advances as well as other impairments, which were down by 59% from RM249 million in 3QFY2021 to RM103.
"This is a unique and meaningful award based totally on merit and judged independently by peers, unlike many other commercially-driven awards.
MBAM is also working closely with the Department of Occupational Safety and Health and the Construction Industry Development Board to promote the implementation of OSCHIM.
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.
SkyAwani 2 Residence was recognised for its outstanding affordable housing projects in terms of quality of product, design, innovation, accessibility and connectivity, liveability, maintenance, community interaction (public and shared-use spaces, safe and secure access), land cost and location.
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.
REKA Conference 2022 chairman Joe Chan said: “So much has evolved within the industry over the past two years and the conference provided a valuable opportunity for our interior design fraternity to gain insights from these top minds into the latest trends and innovations, and apply these ideas into their own works as we collectively aspire to scale new heights in Malaysian interior design.
The developer has taken the No 1 spot for the fourteenth time, ever since the awards were established in 2003.