News about capital

“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”.

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.

"Our appointment was based on a legitimate government-led procurement process.

The former operator of KL Tower — Menara Kuala Lumpur Sdn Bhd — and its parent Hydroshoppe Sdn Bhd are alleging contractual breaches and misconduct that led to the award of the concession to LSH Service Master.

LSH Capital has signed a 20-year lease agreement with the government to operate and maintain the Kuala Lumpur Tower and its surrounding areas.

Apart from construction, the company also supplies building materials, lighting and related mechanical and electrical products, hardware products and tools, rental of construction machinery, and equipment.

LSH Capital declared an interim single-tier dividend of 0.

Additionally, it will manage existing commercial facilities, including restaurants and kiosks, while retaining all related income.