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PHBAM, the wholly-owned subsidiary of Pelaburan Hartanah Bhd (PHB), is replacing Maybank Asset Management Sdn Bhd (MAM) as the manager for AHB fund.

On Oct 3, 2011, UEM Sunrise's indirect wholly owned subsidiary Bandar Nusajaya Development Sdn Bhd had received a notice of additional assessment from the IRB for additional tax and penalty for the year of assessment 2006, which resulted in an additional tax payable of RM73.

To recap, Sentoria had on May 29 informed the stock exchange that Loh would be suspended from his duties for three months, pending review by an external inquiry team.

The project is slated to be completed within 15 months from the date of commencement, which will be determined by the architect, ARC Alliance Sdn Bhd.

UEM Sunrise chief executive officer Sufian Abdullah: “Her expertise will be instrumental in advancing our marketing objectives and further strengthening our brand position in the industry.

Chief project officer of PropNex Malaysia Steve Tong: "We meticulously filter products to ensure they are safe and have good future potential.

Earnings per share ballooned to 103.

The downgrade was made as MARC removed the programme from its negative watch, in which it has been placed since Jan 18 due to YNH's weak financial position, delayed asset disposals and material issues concerning its key shareholder that have compounded the challenges that the group faces to address its weakening credit profile, MARC said in a statement.

YNH Property in January announced its plan to sell the seven-storey retail shopping centre to Sunway REIT for RM215 million in cash.

Steven Tay: “I firmly believe that by assisting customers in fulfilling their needs, solving their problems, and achieving their goals, performance targets will naturally be met.