Naza TTDI CEO Daniel Lim Hin Soon
KUALA LUMPUR: Property developer Naza TTDI Sdn Bhd has established a Sukuk Murabahah programme of up to RM300mil in nominal value via its wholly-owned subsidiary Naza TTDI Capital Bhd.
The sukuk programme was lodged with the Securities Commission on April 22,2021 and this will allow Naza TTDI to issue sukuk over the next 15 years.
The sukuk programme will be backed by properties owned by Naza TTDI located in KL Metropolis.
Proceeds will be used for the development of KL Metropolis and other general corporate purposes.
Alliance Investment Bank Bhd is the principal adviser and lead arranger as well as the lead manager for the sukuk programme.
According to the victim s friend, Rizwan Ahmad, the incident happened on the night of April 4, Sunday, outside the Alam Impian Mosque.
The Chief of Selangor s Criminal Investigation Department (CID), Fadzil Ahmad, said that investigations are attempting to establish the motives of the alleged perpetrators.
Victim was approached by a group
Rizwan added that on the night of the incident, his friend was approached by the four men who allegedly asked him if he was married, and whether he had sex with his partner in Malaysia.
In response, the victim said that he was married, with his partner back in Pakistan, and that he has not had sexual relations in Malaysia.
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PPC International managing director Datuk Siders Sittampalam.
THE Malaysian property market, despite still navigating the shocks of the Covid-19 pandemic from last year, is expected to perform better in 2021.
PPC International managing director Datuk Siders Sittampalam says while the pandemic “isn’t going to go away” soon, he is optimistic that the property market will find a way to “work around it.”
“The fear of the pandemic will not end anytime soon. It will take a while for everyone to go back to their normal live.
“With that said, people are going to have to work around it. You can’t expect to be placed under cold storage for too long. Life needs to go on and the real estate segment is the same, ” he tells StarBizWeek.
“Moving forward, other than focusing on clearing the completed inventories, S P Setia will remain prudent with new launches, concentrating on the mid-range landed homes in established townships to cater to the demand of owner-occupiers.”
PETALING JAYA: S P Setia Bhd is on track to achieve its 2020 sales target of RM3.8bil, considering that the company had already secured new sales and bookings of RM2.9bil and RM1.8bil respectively as at Oct 31,2020.
TA Securities Reseaerch in a report yesterday said sales momentum has been encouraging, as buyers are taking advantage of the current low interest rate environment and incentives offered under the Penjana initiative.