News about Sentral

In a filing to Bursa Malaysia on Thursday (Aug 10), the group reported that property operating expenses for the second quarter of 2023 (2Q2023) were RM9 million, marking a 4.

Magna Prima said the disposal consideration of RM65 million was arrived at after taking into account the negative net current liabilities of RM68.

In a note on Thursday (Aug 3), analyst Edwin Woo said rough calculations show that net gearing levels could rise to 0.

ERL said the first train from KL Sentral will be at 5am, while the first train departure from KLIA Terminal 2 will be at 4.

Sentral REIT said the acquisition of the building from MRCB’s wholly-owned subsidiary Puncak Wangi Sdn Bhd, will be satisfied with cash raised through a combination of equity and debt funding exercises.

Sentral REIT said its management company, Sentral REIT Management Sdn Bhd, has accepted a letter of intent issued by MRCB to commence negotiations for the proposed acquisition.

The lower contribution from the engineering, construction and environment division was partially offset by the property development and investment division, which recorded an operating profit of RM33.

Net income fell 13% to RM17.

Sentral REIT did not specify how much builder and property developer MRCB will pay for QRH's 39% stake in SRM.

DONE DEAL: Terrace house, Bandar Kinrara, Puchong, Selangor DONE DEAL: Shoplot, Jalan Kenari, Bandar Puchong Jaya, Selangor The shoplot unit is located at the strategic area of KIP Sentral, Sepang, Selangor while the commercial building is surrounded by an array of convenience stores and amenities.