Times Square owner Berjaya Assets shrinks 4Q loss with accounting gains
Revenue for the quarter rose 3.
Revenue for the quarter rose 3.
The deal involves three separate sale and purchase agreements signed on June 25.
NPI for the second quarter ended Dec 31, 2024 (2QFY2025) grew to RM21.
StashAway Malaysia country manager Wong Wai Ken said that the firm has helped Malaysians save over RM130 million in fees for unit trust funds in Malaysia.
PHBAM, the wholly-owned subsidiary of Pelaburan Hartanah Bhd (PHB), is replacing Maybank Asset Management Sdn Bhd (MAM) as the manager for AHB fund.
Johari, 52, has decided to step down to pursue new opportunities after holding the CEO post for two years.
Featuring 629 serviced apartment units in a 41-storey tower, Times Square 2 is designed to complement Berjaya Times Square, which also houses a shopping mall, serviced apartments, an indoor theme park, a hotel and offices.
“PHBAM’s primary objective aligns closely with PHB’s mandate of increasing the capacity and wealth of Bumiputera through commercial real estate ownership.
Post disposals, BAsset’s shareholding in BCorp is trimmed to 174.
“There are no liquidated damages or penalties that the company needs to compensate [concerning the SPA with ALX Asset].