On prospects, both GenM and Genting remain cautiously optimistic about the near-term outlook of the leisure and hospitality industry and remain positive in the longer term.
The one-and-a-half-month renovation work involved painting, fixing and replacing new roofing, providing a well-equipped toilet and installing a septic tank with underground piping, repairing external timber walls and replacing them with cement sand board, installing precast concrete drain and chain link fencing with gate.
Tropicana said barring any unforeseen circumstances, the proposed private placement is expected to be completed by the second quarter of 2023.
Better earnings for the quarter were attributed to lower expected credit losses on loans, financing and advances as well as other impairments, which were down by 59% from RM249 million in 3QFY2021 to RM103.
BLand's improved revenue was also driven by increase in overall occupancy rates by the hotels and resorts business segment, increase in property progress billings by property and investment business segment from its project at The Tropika in Bukit Jalil as well as higher new car sales reported by HR Owen.
This was due to normalization of rental after the end of the rental deferral program on June 30, 2022.
At the operating level, Tropicana recorded profits of RM61.
Condos, apartments, serviced residences – these are becoming popular choices for urbanites, but many are not equipped with the basic knowledge of being a strata property owner.
Terdapat peningkatan dalam isu ketirisan antara tingkat.
There is an increase on the issue of leakage between floors.
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