Weakness in recording, monitoring and enforcement cost Railway Assets Corp RM13m in rental revenue
Furthermore, audit checks uncovered that 54 rental offer letters had been returned by tenants, but rental agreements had not been prepared.
Furthermore, audit checks uncovered that 54 rental offer letters had been returned by tenants, but rental agreements had not been prepared.
The research house reiterated its conviction that cement demand will continue to flourish in the medium-to-long term, propelled by the commencement of major infrastructure projects in Malaysia.
PIVB recommended to non-interested shareholders of MRCB to vote in favour of the resolution pertaining to the proposed acquisition at the extraordinary general meeting on Oct 24.
Lee has also resigned as the Penang CM's special investment adviser on Oct 2, Chow said, with a one-month notice given.
The EECA will require high energy consumers in the industrial and commercial segments to appoint a registered energy manager and conduct mandatory periodic energy audits.
"The said meeting decided that Umech was to carry out a market survey to study the composition of land usage, [for] proof of Umech’s financial sustainability to be evaluated, and other related matters.
Clearly, it is at the state and local authorities that improvements will go a long way towards containing home prices.
The research house said projects close to the Rapid Transit System (RTS) should continue to see strong demand, and the Singapore dollar-driven consumer spending power is expected to have positive spillover effects on the retail, hospitality and real estate players further out from the city centre over time.
In a Bursa Malaysia filing on Thursday, the construction company said the contract period is 26 months starting on Oct 15, 2023.