Here is a brief recap of some corporate announcements that made the news on Thursday (Jan 19) involving IGB Real Estate Investment Trust, Axis Real Estate Investment Trust, CapitaLand Malaysia Trust, Ecobuilt Holdings Bhd, YTL Power International Bhd, RHB Bank Bhd, Digistar Corp Bhd, Malaysian Resources Corp Bhd and Digi.Com Bhd. IGB Real Estate Investment Trust (IGB REIT)’s net property income (NPI) for the fourth quarter ended Dec 31, 2022 (4QFY2022) rose 12.79% to RM105.64 million from RM93.66 million a year ago, as revenue increased 24.59% to RM148.72 million from RM119.37 million. The higher revenue and NPI were mainly due to lower rental support provided to tenants arising from the economic reopening and improving retail sales of tenants. It declared a distribution per unit (DPU) of 2.46 sen, which raised its total FY2022 DPU to 9.86 sen.
BUKIT MERTAJAM: Penang police expect more than 2.4 million vehicles to enter the state in conjunction with the upcoming Chinese New Year celebration, says its police chief Comm Datuk Mohd Shuhaily Mohd Zain.
KUALA LUMPUR: Vertice Bhd and Consortium Zenith Construction Sdn Bhd have mutually terminated the contract for the construction works for Package 2 of the Penang Mega Infrastructure project worth RM815.0 million undertaken by Buildmarque Construction Sdn Bhd.
KUALA LUMPUR, Dec 29 Vertice Bhd and Consortium Zenith Construction Sdn Bhd have mutually terminated the contract for the construction works for Package 2 of the Penang Mega Infrastructure project worth RM815.0 million undertaken by Buildmarque Construction Sdn Bhd. Buildmarque Construction is.