Pavilion REIT's 3Q income up 10% after new assets buy
The REIT said retail remains the cornerstone of its performance, contributing RM652.
The REIT said retail remains the cornerstone of its performance, contributing RM652.
The pharmaceutical group said the purchases will be funded by proceeds raised through its regularisation plan, which is part of the group’s strategy to strengthen its logistics infrastructure and expand distribution capacity across the east coast of Peninsular Malaysia as well as Sabah and Sarawak.
Its NPI for 1QFY2026 rose to RM29.
IJM said the contract was awarded by Pearl Computing Malaysia Sdn Bhd, a subsidiary of Raiden APAC Pte Ltd, to its wholly-owned unit IJM Construction Sdn Bhd.
Net profit increased to RM39.
UEM Sunrise also announced the appointment of Grace Yap Mei Wan, 58, as an independent director, effective Nov 3.
The township’s first residential phase, Soren, was launched in March 2025, and has reached an 80% take-up rate.
An open tender for the second main civil works package (CMC2)—which covers the alignment from Macallum to Penang Sentral, including a bridge across the Penang Strait—will be launched soon.
Che Abdul Khalid has over 30 years of experience in property development and construction.
The request for a fifth extension to April 27, 2026, is for more time for the company to assess the proposed move and commence negotiations on terms of a binding heads of agreement between parties.