AME REIT’s 4Q net property income jumps 12%, declares 1.87 sen distribution per unit
During the quarter, AME REIT registered RM12.
During the quarter, AME REIT registered RM12.
Chin Hin is to develop a 2,434-unit serviced apartment on the plot, which it estimated will cost about RM575 million.
Phase 1 of Sunway Velocity 3 comprises two serviced residence blocks with built-ups from 721 to 1,076 sq ft.
"The strategic collaboration with Maybank aims to help alleviate financial difficulties associated with homeownership, demonstrating our shared goal of improving the homeownership journey.
The commitment signals “confidence and support from investors in our infrastructure initiatives aimed at enhancing connectivity and livability within our developments,” the company said in its annual report released on Friday.
Net property income for the fourth quarter ended March 31, 2024 (4QFY2024) fell to RM14.
“There will be a revised timeline for the intended appointment and the estimated completion date.
“The rating action reflects MARC Ratings’ heightened concerns on YNH’s continued weak financial position, the lack of meaningful earnings visibility, and the protracted delays in asset disposals.
Bloomsvale Shopping Gallery spans approximately 320,000 sq ft of gross floor area.