The construction engineering company only issued the report — including audited financial statements — on Nov 22, 2021, a delay of 15 market days from the Oct 31, 2021 deadline, said Bursa in an announcement on Friday (Dec 30).
“The exercise is also a crucial component of the company’s rebranding initiative to be carried out by its board of directors and key management of the company.
UEM Sunrise said its indirect wholly owned Nusajaya Rise Sdn Bhd has inked two sale and purchase agreements with NTPSB, the JV of UEM Sunrise's wholly owned UEM Land Bhd and CapitaLand's indirect unit Ascendas Land (Malaysia) Sdn Bhd, for the sale of the plots for RM289.
The acquisition of Queensbay Mall will deepen CLMT’s presence in Penang, thus strengthening its foothold in the northern region of Malaysia, where it already owns Gurney Plaza and is targeting to complete the acquisition of its first logistics property in Penang in the fourth quarter of this year.
“The land has an upside potential in terms of capital appreciation as it is strategically located in the Kulim area and is only 3km away from KHTP, a mega international industrial scheme that is expanding rapidly.
Top Builders, formerly known as Ikhmas Jaya Group Bhd, said the suspension will be from Nov 8 until the group issues the annual report.
The real estate investment trust (REIT) said distributable income for the quarter amounted to RM22.
It cited extensive time taken by the new management team to assess the adequacy of information/documents required for finalising the audited financial statements as reason.
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