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KUALA LUMPUR: Impiana Group’s subsidiary Impiana Cherating Sdn Bhd sold a total of 146 units under phase one of the Impiana Resort and Residences Cherating in Kuantan for RM146mil to Hong Kong company, Silver Max Asia Pacific Labuan Ltd, based in Labuan.
PETALING JAYA: Unless they have the financial muscle, commercial and industrial property owners are selling their assets to generate cash, reduce debts or fund expansion, property consultancies say.
PETALING JAYA: AirAsia X Bhd (AAX) has recorded a net loss of RM207.11mil in its second quarter to end-June of financial year 2019 (2Q19)
PETALING JAYA: Advance Synergy Bhd (ASB) is buying back the Holiday Villa Cherating property from Amanah Raya Bhd for RM22.96mil.
KUALA LUMPUR: Advance Synergy Bhd is buying back the Holiday Villa Cherating property from Amanah Raya Bhd for RM22.96mil.
Differing values of the new AirAsia
PRIVATE sector debt in Malaysia is on the rise as business expansion continues to be fuelled by debt accumulation over the years.
PETALING JAYA: AirAsia Group Bhd is moving from the traditional model of owning aircraft to become an asset-light airline.
KUALA LUMPUR: Affin Hwang Capital Research has upgraded AirAsia Group to Buy with a target price of RM3.35 from RM2.86 for the generous dividend, solid operating performance and the bright prospects of its digital business.