UOA REIT unitholders adjourn meeting on related-party property deal, income distribution investment plan
However, the REIT did not provide reasons to adjourn the meeting.
However, the REIT did not provide reasons to adjourn the meeting.
The proceeds will be utilised to fully refinance the MTNs issued under the Tranche 1 Series 1 of the unrated MTN programme of up to RM950 million, and the existing term loan facility granted by Public Bank Bhd in favour of AmanahRaya REIT vide Pacific Trustees Bhd.
The Johor Bahru project, aimed at developing modern family-oriented homes and commercial units, is scheduled for completion in July 2027.
As for the TRX Campus office, Lendlease’s exit will see Valiram hold a 60% stake, and TRX City the remaining stake.
The sale “highlights the strong market demand for our high-specification facilities and the institutional-grade nature of our industrial parks”.
Looking ahead, the group said it remains optimistic on opportunities in the rail and infrastructure sector.
"The strategic appointment of the deputy minister from Sabah also reflects the government's commitment to ensuring that Labuan receives greater attention and support.
Suasana Antara Gapi is a thoughtfully planned freehold residential enclave set against the rolling hills and lush greenery of Serendah, Selangor.
Sedili Residence is the final phase of UDA’s development in Taman Sedili, Kota Tinggi, Johor.
This development consists of a five-storey basement, a 10-storey podium, a 48-storey hotel and private residences (Tower 1) and a 56-storey serviced apartment (Tower 2).