Advancecon bags RM27 mil earthworks contract for Rawang project
Prior to the current earthworks contract for the Gamuda Gardens Park project, Advancecon had previously completed earthworks for the adjacent Gamuda Gardens township in Rawang in 2020.
Prior to the current earthworks contract for the Gamuda Gardens Park project, Advancecon had previously completed earthworks for the adjacent Gamuda Gardens township in Rawang in 2020.
The group intends to declare a first tranche of dividends amounting to at least RM144 million.
With the additional rental from the three newly-acquired industrial properties, the industrial REIT’s net property income (NPI) grew 14.
LFE said prospects for the property present an excellent opportunity for the group's future property development projects.
AZRB considered the outstanding sum claimed by FMSB through the winding-up proceeding as not a material debt.
This is one of the four leasehold lands that Perak Corp bought in 1997 for RM41.
Both REITs set Feb 15 as the ex-date for their DPUs, with the amount to be disbursed to unitholders on Feb 29.
"The first nine months of 2023 recorded among the highest numbers in transactions countrywide for the same period since 2011/2012’s peak point, indicating a sustained market momentum from 2022.
"This pivotal agreement entails an immediate disbursement of RM1.