Axis REIT said proceeds from the sukuk issuance will be used to finance capital and development expenditure, working capital, general corporate purposes and to refinance existing or future Islamic financing.
This marks IJM Construction’s fourth data centre project in Johor.
Turiya, in a filing with Bursa Malaysia, said it is buying the 31-year-old office building from Sentral Real Estate Investment Trust (REIT) (KL:SENTRAL) to boost revenue, quickly attract tenants, and diversify income away from its semiconductor business.
Condominium prices also charted steady growth, with average transacted values rising 3.
Genting Malaysia said the deal will see Empire Resorts sell key non-casino properties—including the 332-room Resorts World Catskills (RWC) and the 99-room Alder Hotel, a 18-hole Monster golf course, the 2,500-seat RWC Epicenter, and restaurants—to a local development body, Sullivan County Resort Facilities Local Development Corporation (SCRFLDC), which will run them as public assets.
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Datuk Zaini Yusoff, who joined S P Setia from I&P Group Sdn Bhd in 2017, has been serving as chief operating officer since 2023.
“This type of financing is particularly attractive for buyers looking to move in immediately, allowing them to fully furnish their homes to their taste.
Damansara Heights, Kuala Lumpur residential land sold for RM8m | DONE DEAL Sejati Lakeside, Cyberjaya, Selangor terrace house sold for RM1.
The subsidiaries, which Chin Hin acquired between 2004 and 2015 for a total cost of investment amounting to RM64.
Residensi Naluri is an upcoming affordable condominium project by Danau Saujana Sdn.
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