AME REIT posts slight rise in 4Q property income, to pay 1.83 sen per unit
NPI for the fourth quarter ended March 31, 2024 (4QFY2025) rose 1.
NPI for the fourth quarter ended March 31, 2024 (4QFY2025) rose 1.
The Subang airport expansion plan aims to increase capacity to five million passengers annually in three to four years, and up to eight million by 2030.
When the three properties are fully leased, CLMT is expected to generate an annual gross rent of RM5.
In tandem with the third phase of Senai Airport City’s industrial development expansion measuring some 300 acres, NISB has been appointed as the contractor for earthworks to provide investors with industrial plots ready with platform and corresponding infrastructure.
The project will be fully funded by Malaysia Airports Holdings Bhd (KL:AIRPORT), or MAHB, through an investment-recovery model, without the need for government guarantees, Transport Minister Anthony Loke noted.
Senai Airport City Sdn Bhd which is the master developer of the 2,718-acre Senai Airport City, has inked a sale and purchase agreement with Chenbro Micom’s wholly owned unit, Chenbro Malaysia Sdn Bhd.
While specific details of the meeting were not disclosed, the post affirmed that efforts to realise the project will continue under KXP Airport City Holdings Sdn Bhd, despite awaiting approval from the Ministry of Transport.
Prime Minister Datuk Seri Anwar Ibrahim said he had asked Transport Minister Anthony Loke Siew Fook to expedite the ongoing construction of the airport.
Besides, MAHB experienced a surge in operations, with the Penang International Airport and Langkawi International Airport recording growth in their international sectors in November.
Koe, 62, commenced his journey at S P Setia in 1997 as a senior project manager, gradually advancing through various business and operational roles until his appointment as senior executive vice president of the company in 2019.