Chairman Datuk Seri Mohamed Khaled Nordin
PETALING JAYA: Boustead Properties Bhd has provided rental waivers and rebates, commercial and other assistance worth approximately RM18mil to almost 350 tenants at its six commercial properties nationwide to help them weather the severe economic impact of the pandemic.
In a statement yesterday, the wholly-owned subsidiary of Boustead Holdings Bhd said the financial relief was extended to retail and commercial tenants, particularly small and medium-sized enterprises (SMEs) experiencing unprecedented strained cash flow during the various phases of the movement control order (MCO).
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