News about capital

The property developer, originally set up in 2013 to focus on foreign projects, in May proposed to change its name after announcing a planned pivot to the Malaysian market.

The decision was made after considering the prevailing market conditions and that focusing on the capital reduction would better serve the company’s immediate objectives and streamline the regulatory process, Ecobuilt said in a bourse filing on Wednesday.

The partnership will enhance investor access to AVC’s two regulated funds: QJBCCA PLT, a conventional fund, and QJBCCI PLT, a Shariah-compliant fund.

Based on an illustrative issue price of 57.

The lands are in Titiwangsa, close to major highways and amenities, and will be combined for a serviced apartment project with about 240 units, estimated at RM130 million GDV.

“Rent out your property if you're not moving in immediately and aim to cover at least 70% of your instalment to avoid financial burden,” Faizul said.

HCK Capital said the programme, undertaken by its wholly owned subsidiary HCK Cap Access Bhd, will involve the issuance of senior sukuk and perpetual sukuk.

In a statement, the ministry also said that the building will be temporarily closed starting Thursday “in the interest of visitor safety and comfort, and to provide space for the new management to carry out maintenance and improvement works”.

“These people have been working at the tower for many years.

Hydroshoppe and MKLSB initiated legal action including against LSHSM and the government, as they alleged contractual breaches and misconduct that led to the award of the concession to LSH Service Master.