There have been no perpetual bond defaults in Malaysia since they became popular with large corporations. However, all investment products carry their own risks.
CapitaLand Ascott Trust to Divest Citadines Mount Sophia Singapore for SGD148 Million, IOI Properties Acquires MYR165 Million Penang Marriott Hotel in Malaysia, Choice Hotels APAC Acquires City Edge Apartment Hotels Franchise, Singapore’s Marina Bay Sands Gets Authority Approval for their Fourth Tower Construction, Vietjet to Expand Its Flight Network to Vietnam, China, and Taiwan.
Tropicana Corp Bhd is well-positioned to deliver sustainable earnings over the next few years as it closes 2023 by surpassing its property sales target to achieve RM1.4bil and recording unbilled sales of RM2.3bil.