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PETALING JAYA: Sunsuria Bhd has proposed to issue Islamic bonds of up to RM500mil to raise funds for capital expenditure and working capital.
PETALING JAYA: KIP Real Estate Investment Trust (Reit) recorded its first quarterly net loss in the fourth quarter ended June 30, after it posted a RM13.2mil unrealised fair value loss on investment properties following the annual valuation exercise.
KUALA LUMPUR: AmInvestment Research is maintaining its “neutral” view on the property sector as the outlook remains challenging in the next 12 months.
KUALA LUMPUR: SP Setia Bhd achieved revenue of RM3.13bil and pre-tax profit of RM508.8mil in the January-to-September period, mainly contributed by its ongoing projects in Malaysia.
PETALING JAYA: Goh Ban Huat Bhd’s (GBH) proposed disposal of its property in Jalan Segambut, Kuala Lumpur, to its associated company Keladi Maju Bhd for RM192.3mil and the former’s subsequent tenancy of the property have been deemed as “fair and reasonable” by independent adviser Public Investment Bank Bhd.