Pavilion REIT sees 17% rise in 4Q net property income, pays 2.21 sen DPU
Pavilion REIT said the topline increase was mainly due to higher rental billings, coupled with higher revenue from contract customers of RM16.
Pavilion REIT said the topline increase was mainly due to higher rental billings, coupled with higher revenue from contract customers of RM16.
The contract was awarded by Attractive Venture (JB) Sdn Bhd, said Pasukhas in a bourse filing, adding that the physical construction period will be 12 months.
Ambrin, 74, joined Gamuda’s board in September 2018 as the construction giant’s independent non-executive director.
The question that begs to be asked is: Why were these built there in the first place? More importantly, what needs to be done moving forward to ensure the problem does not repeat itself? Building cookie-cutter affordable homes is not just doing a disservice to those who need them, but fanning a burning issue that has been around for too long.
Sedimi Property Development is 30% owned by Tech Max Construction Sdn Bhd, 20% by Lim Chee Ling, 15% each by Chen Kim Lon, Ee Cao Xian and Ng Chee How, and 5% by Shariffah Maznee Noor Osman.
The REIT, whose portfolio consists of Menara HLX, Plaza Zurich and Menara Guoco, declared distribution per unit of 0.
They include acquisition of land banks and companies, investments, project development and infrastructure costs, capital and general expenditures, as well as refinancing of Islamic financing and outstanding loan facilities.
“Moving forward, the group will continue with its efforts in making its operations more efficient and undertake various measures to reduce operating costs and improve its revenue for sustainable long-term growth.
AZSB is to pay the monthly instalments to EPB from March 31, 2023 to Jan 31, 2024, together with interest from the original date of payment stated in a consent judgement.
AZSB is to pay the monthly instalments to UEM Edgenta’s wholly owned Edgenta Propel Bhd (EPB) from March 31, 2023, to Jan 31, 2024, together with interest from the original date of payment stated in a consent judgement.