Sime Darby Property seeks more assets generating recurring income
“We like quality assets, especially spaces that we are very familiar with,” said group managing director Datuk Seri Azmir Merican.
“We like quality assets, especially spaces that we are very familiar with,” said group managing director Datuk Seri Azmir Merican.
The increase in revenue was mainly contributed by advanced construction work progress from its ongoing projects coupled with commendable take-up of recently launched projects.
The strong sales in the first nine months helped lift Sime Darby Property's cumulative net profit and revenue to record highs.
Chief executive officer Ken Yong Kian Keong said about RM170 million of the sales is expected to come from new large property owners via its new property management system solutions — “PropertyX”.
Teladan has declared its first interim dividend of half a sen per share for FY2024, to be paid on Dec 30.
Through self-consumption via BESS, residents can enjoy significant energy savings and increased independence from the grid, with savings varying based on installed capacity and household consumption.
Accumulated losses stood at RM82.