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AME group managing director Kelvin Lee Chai said that strong demand was recorded not only for its existing i-Parks, but also its newly-launched 169.

“The safe-or-sorry fund and the opex are primarily linked to the built quality from day one.

This follows a lawsuit filed by Maybank International Labuan Branch as far back as September 2020, which then saw the court giving Dolomite until Oct 4 to settle the outstanding amount as well as the costs awarded by the court due to Maybank, or be wound up.

Lee said AME REIT is capable of acquiring up to RM480 million worth of assets based on its gearing of 8% currently.

Westlite currently has workers' accommodation in Johor, Penang and Selangor with a total of 25,099 beds as of June 30 KUALA LUMPUR (Sept 14): Westlite Accommodation Malaysia aspires to expand its operations in Malaysia, said Centurion Corp Ltd chief executive officer Kong Chee Min in a media briefing on Tuesday (Sept 13).

MRCB added that the strong set of earnings was further boosted by the construction progress of the Light Rail Transit 3 (LRT3) project, despite shortages in labour and key building materials.

Quarterly revenue, however, grew 78.

Hong Leong Investment Bank is appointed as the principal adviser, sole underwriter and joint bookrunner, together with RHB Investment Bank Bhd.

KUALA LUMPUR (July 6): Ideal United Bintang International Bhd (Ideal) is proposing to acquire 17 parcels of freehold land in Penang for a total of RM475.

PETALING JAYA (June 3): Integrated industrial space solutions provider AME Elite Consortium Bhd continues to attract foreign direct investment (FDI) with its latest addition, Nasdaq-listed medical device giant Insulet Corp.