Pavilion REIT prices private placement at RM1.40 apiece to raise some RM360m
The issue price represents a discount of 3.
The issue price represents a discount of 3.
YTL Hospitality REIT (KL:YTLREIT), in which YTL Corp owns a direct 55% and indirect 3.
The placement of up to 48.
The proposed placement involves up to 15.
Last month, WCT announced plans to establish and list a real estate investment trust on the Main Market of Bursa Malaysia which will allow the group to monetise its investment properties.
The Edge Media Group publisher and group CEO Datuk Ho Kay Tat: "We must embrace a new era of sustainable construction.
YTL Cement is buying the stake, comprising 303.
For the full year, CMS’ net profit more than halved to RM115.
Aside from YTL Power and MCement, YTL Corp has exposure to the hotels segment through YTL Hospitality REIT, where it holds a 55% direct and a 3.
Cream and YTL said the grant is a follow-up to the Memorandum of Understanding (MOU) between the two organisations in April this year, highlighting their shared mission to achieve construction excellence and support of the industry transition to sustainable construction.