INDUSTRY NEWS (5 MAY 2021)
Mah Sing subsidiary buying KL land for RM618m mixed development
Mah Sing Group Bhd’s wholly-owned subsidiary Nova Century Development Sdn Bhd is buying an approximately two-hectare (about five acres) land in Tempat Jalan Genting Kelang, Setapak here for a proposed estimated RM618 million mixed development comprising
S P Setia to establish sukuk programme worth up to RM3b
S P Setia Bhd has proposed the establishment of an Islamic medium term note programme of up to RM3 billion in nominal value. The property developer today lodged the Sukuk Wakalah Programme with the Securities Commission Malaysia (SC) pursuant to the SC’s Guidelines on
KLCCP Stapled Group’s 1Q net profit falls 17.39% to RM146.13m, dragged by retail and hotel segments
KLCCP Stapled Group’s net profit for the first quarter ended March 31, 2021 (1QFY21) fell 17.39% to RM146.13 million, from RM176.88 million a year ago, as the prolonged Covid-19 pandemic dragged the group’s retail and hotel segments. he group, which comprises KLCC
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