Top Builders says it won't be able to submit 1Q results on time
Trading in the Practice Note 17 company's shares has been suspended since Nov 8 last year, pending the submission of the FY2022 annual report and 1QFY2023 financial report.
Trading in the Practice Note 17 company's shares has been suspended since Nov 8 last year, pending the submission of the FY2022 annual report and 1QFY2023 financial report.
Unitholders also approved a private placement of up to 1.
On Dec 1 last year, the company said it was still in the midst of formulating a regularisation plan to address its financial condition.
The expected date for the Practice Note 17 (PN17) company to submit its FY2022 annual report was Oct 31, 2022, but it was postponed twice to Nov 30 and later to Dec 30.
The group appointed Lee Siew Chen, who has several years of experience in taxation, as its new independent non-executive director.
At the end of 4QFY2022, the REIT’s portfolio occupancy rate stood at 85.
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.