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Al-'Aqar sells Aussie assets for RM75mil

Aqar Australia Pty Ltd, a wholly-owned subsidiary of Al-’Aqar Healthcare REIT, has entered into a land sale contract with Principal Healthcare Finance Pty Ltd to dispose of land and buildings of Jeta Gardens Aged Care Facility in Australia for RM74.9mil.

Australia , Malaysia , Kuala-lumpur , Principal-healthcare-finance-pty-ltd , Aqar-australia-pty-ltd , Al-aqar-healthcare , Jeta-gardens-aged-care-facility , Bursa-malaysia , Jade-aged-care-facility , Jeta-gardens , Corporate-news

QSR IPO back on track

QSR IPO back on track
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

Brunei , Malaysia , Johor , Damansara , Malaysia-general- , Singapore , Cambodia , Malaysian , Kulimm-bhd , Pappajack-bhd , Syifaa-mahsuri-ismail , Jamaludin-ibrahim

FGV, MSM, IHH, Mr DIY, Priceworth, KLCCP, Sapura Resources, Sapura Energy, Maybank, Al-'Aqar Healthcare, Top Glove, Fajarbaru and Sarawak Oil Palms

KUALA LUMPUR (April 30): Based on corporate announcements and news flow today, companies that may be in focus on Monday (May 3) include: FGV Holdings Bhd, MSM Malaysia Holdings Bhd, IHH Healthcare Bhd, Mr DIY Group (M) Bhd, Priceworth International Bhd, KLCCP Stapled Group, Sapura Resources Bhd, Sapura Energy Bhd, Malayan Banking Bhd, Al-'Aqar Healthcare REIT, Top Glove Corp Bhd, Fajarbaru Builder Group Bhd and Sarawak Oil Palms Bhd.
FGV Holdings Bhd's (FGV) subsidiaries,
MSM Malaysia Holdings Bhd (MSM) and FGV Integrated Farming Holdings Sdn Bhd (FGVIF), have entered into a binding term sheet on the respective disposal and acquisition of a 100% stake of MSM's wholly-owned subsidiary MSM Perlis Sdn Bhd. With an initial disposal consideration of RM175 million, the agreement is set to be completed by the third quarter of this year.

Kolkata , West-bengal , India , Australia , Kuala-lumpur , Malaysia , Austria , Datuk-hashim-wahir , Eric-kuan , Shah-mahmood , Kelvin-loh , Perlis-sdn-bhd

KPJ Healthcare sees turning point in 2021 after washout year

LOWER-than-expected bed occupancy rates (BORs) affected the recovery of KPJ Healthcare Bhd in what it deems as a “washout year” for the healthcare industry despite operating in the most resilient of industries known to withstand tough economic conditions.
The country’s largest listed private healthcare group by capacity closed its financial year ended Dec 31, 2020 (FY2020) with a net profit of RM110.44 million, nearly half the RM211.37 million reported in FY2019, as revenue fell 12% year on year (y-o-y) to RM2.4 billion from RM2.74 billion.
This was mainly due to the unprecedented impact of the Covid-19 pandemic and consequent movement restrictions on inpatient demand as BORs slumped to a record low at the peak of the first Movement Control Order last year.

Australia , Jet-a , Jawa-tengah , Indonesia , Bangladesh , Thailand , Ahmad-shahizam , Lablinkm-sdn-bhd , Ahmad-shahizam-mohd-shariff , Movement-control-order , Conditional-movement-control-order , Conditional-movement-control