UOA REIT expects office space demand to improve gradually, supported by its completed and ongoing asset enhancement initiatives aimed at revitalising older buildings through 2025.
In a bourse filing, the company said former CEO, Datuk Loh Yuen Tuck has agreed to a consent award, under which Sentoria will pay RM142,800.
UEM Sunrise said Malaysia recorded a 4.
Following the disposals, Liew retains an 18.
According to its exchange filing, the 0.
Datuk Rhodzariah Bujang, leading a three-judge panel together with Datuk Abu Bakar Jais and Datuk Lee Swee Seng, said they need more time to study the submissions and will inform the parties of a date for a decision in due course.
“On the surface, this revenue-sharing scheme seems lopsided and demands further detailed disclosures,” they said, noting that Petaling Jaya alone is projected to face a revenue shortfall of around RM10 million under the proposed deal.
It noted that of seven MOUs signed by SD Guthrie to develop 6,070 acres of land over the next decade, only one has reached the SPA so far.
"Even so, given its strong brand equity and parentage, we think SunCon will be able to recover from this event without impacting its new order wins materially over the longer term.
“SunCon is also currently seeking legal counsel to evaluate the appropriate actions to be taken on certain sub-contracts and parties.
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