Lim Seong Hai Capital proposes RM168 mil share sale for listing transfer
The share sale involves the issuance of 132 million new shares and an offer for sale of up to 59 million existing shares, the company said in an exchange filing.
The share sale involves the issuance of 132 million new shares and an offer for sale of up to 59 million existing shares, the company said in an exchange filing.
Keng Cheng, 62, is nephew to Ekovest’s executive chairman Tan Sri Lim Kang Hoo, who controls about 28% stake in the construction group.
Based on Napic’s Property Market Report 2023 released on Wednesday, the occupancy rate of shopping complex retail space in 2023 rose to 77.
Value of overhang residential units also declined 4% to RM17.
The issuance, done through its first public bookbuilding for this year, comprises RM460 million one-year and RM200 million two-year conventional medium-term notes as well as RM300 million Islamic medium-term notes, Cagamas said in a statement.
Both Felda and PR1MA face "going concern" issues — an accounting parlance that casts doubt on an organisation’s resources and income to stay afloat — based on levels of debt and reliance on government aid, the auditor general said in a statement following the release of the 2022 Auditor General Report.
“The proposed industrial park, about the size of 1,000 football fields, will be one of the largest purpose-built fully integrated new industrial estates in Johor.
Second Finance Minister Datuk Seri Amir Hamzah Azizan said SJPP has given approval to provide guarantees for MSME financing up to RM20 billion and is expected to guarantee up to 90% of the financing for MSMEs, particularly those involved in the green economy, advanced technology, healthcare and halal businesses.
Tan Sri Abdul Wahid Omar: Property discounts for bumiputra buyers who want to buy a RM2 million ringgit bungalow are not suitable.