News about UN

Pristine Premier, comprising 51 units of double-storey terrace house, is the final phase of Pristine project, with a gross development value of RM19.

According to a bourse filing on Thursday (Feb 15), YNH’s wholly-owned Kar Sin Bhd and Sunway Bhd unit, Sunway Living Sdn Bhd, mutually agreed on Feb 9 to extend the conditional period for a further three months after the expiry of the third three-month extension.

The group said the issuance was undertaken in three tranches: RM200 million first tranche with a five-year tenure maturing on Feb 12, 2029; RM100 million second tranche with a seven-year tenure maturing on Feb 14, 2031; and RM200 million third tranche with a 10-year tenure maturing on Feb 14, 2034.

NRES Minister Nik Nazmi Nik Ahmad emphasised the importance of sustainable development and the role of local authorities, as well as strategic cooperation from various parties to create low-carbon cities.

The research house said that the bullish bias above that level may see the stock climb towards the 38 sen immediate resistance, followed by its recent high of 39.

Senadi Hills Phase 2B consists of 91 double-storey terrace homes with typical lot size of 22’ x 70’ and built-up of 2,222 sq ft.

​In a note on Thursday, the research house maintained its "buy" call on the REIT following its acquisition, with a higher fair value (FV) of RM1.

The contract, effective immediately, is slated for an eight- month duration with a completion date set for Oct 6, 2024.

YTL REIT boasts a total of 10 hotel properties in Malaysia, including hotel chains such as JW Marriott Hotel Kuala Lumpur, The Majestic Hotel Kuala Lumpur and The Ritz Carlton Hotel Kuala Lumpur.

The participating homes were 1.