S P Setia says it has started pre-IPO works for REIT
The REIT may include retail complexes, office buildings, schools and a convention centre, S P Setia said in a statement.
The REIT may include retail complexes, office buildings, schools and a convention centre, S P Setia said in a statement.
S P Setia said the disposal of the land was conducted through its subsidiary Pelangi Sdn Bhd and was completed earlier in the day with Senibong Island Sdn Bhd (SISB).
Azam, however, disclosed that Lai is being investigated for embezzlement and abuse of power for his role as the former chairman of the joint management committee, while Lo was sought to help with investigations.
"As we reevaluate our remaining land bank potential, this divestment and monetisation strategy sets the groundwork for substantial technological, economic and community advancements in Johor.
The offices will be fully refurbished to provide energy-efficient, grade A+ accommodation targeting BREEAM Outstanding, WELL Core “Platinum”, and NABERS UK 5 Star Design for Performance certifications.
The rise in the wholesale sector was driven by a 4.
Ami said reaching the COD for the Merchang Hybrid Solar Energy Plant demonstrates the group's commitment to becoming a significant contributor to the country’s net zero ambitions.
"We anticipate a successful transformation that will see Encore Melaka thrive as a premier cultural destination.
"The group continues to deliver sustainable earnings backed by its RM2.
While specific details of the meeting were not disclosed, the post affirmed that efforts to realise the project will continue under KXP Airport City Holdings Sdn Bhd, despite awaiting approval from the Ministry of Transport.