Merger of PHB into Bumiputera Investment Fund is underway — PMO
The PMO said various prerequisite approvals for the merger are being sought from several parties, including the Companies Commission of Malaysia and the Ministry of Finance.
The PMO said various prerequisite approvals for the merger are being sought from several parties, including the Companies Commission of Malaysia and the Ministry of Finance.
In a note, Kenanga Investment Bank Bhd said it is optimistic about KLCCP's prospects in the upcoming quarters, bolstered by the office division's robust 100% occupancy rate as of end-December 2023, increase in hotel operation’s occupancy ratio from 52% to 55%, and improved performance in the management services due to the rise in transient and season car park customers.
"What is also important is for them to explore solutions to help the industry keep abreast of the latest green manufacturing technologies, to be in line with Malaysia's commitment to reduce greenhouse gas emissions by 45% by 2030 and achieve carbon neutrality by 2050.
This brings its total income distribution for FY2023 to 7.
These include a one-stop centre to facilitate business applications and approvals for licenses; implementation of a passport-free QR code clearance system at both sides for clearance of people at land checkpoints; and the adoption of digitised processes for cargo clearance at land checkpoints.
The JV — Inneonusa Sdn Bhd — is 51%-owned by TM, 39%-owned by UEM and 10% by IIB.
The property sector stood out as the second best performing sector on Bursa Malaysia in 2023 as the KL Property Index recorded an impressive return of 34.
The tax at a rate of 5% to 10% (previously known as the luxury tax) will come into effect in May.
AmInvestment said the average unbilled sales for developers under its coverage at 1.
Hektar Asset Management executive director and chief executive officer (CEO) Johari Shukri Jamil said: Hektar REIT’s malls, strategically positioned as neighbourhood and community hubs, have been the focal point of our success.