Vizione Holdings Bhd announced that its wholly owned subsidiary, Wira Syukur (M) Sdn. Bhd. received a letter of award (“LA”) for a total contract sum of Ringgit Malaysia Four Hundred and One Million Only (RM401,000,000) from Paragon Hemisphere Sdn. Bhd. for the construction of 4 blocks of office suites.
Sunway REIT started the financial year with an encouraging set of financial earnings in the first quarter of financial year ending 30 June 2018. Revenue increased by 9.5% year-on-year (y-o-y) to RM141.2 million, mainly contributed by higher revenue across all segments. Net property income (NPI) expanded at a stronger rate of 15.5% y-o-y to RM111.0 million on the back of higher revenue and lower property operating expenses.
Kenanga Investment Bank Bhd under its NagaWarrants umbrella brand is issuing 10 new European style cash-settled call warrants to meet investors’ demand for trading opportunities and leveraged products.
This new series offers warrants on familiar names such as Ann Joo Resources Berhad, Inari Amertron Berhad and Petronas Chemicals Group Berhad, while offering Kenanga warrants on Pestech International Berhad and Malaysia Marine and Heavy Engineering Holdings Berhad for the first-time.