NEW YORK (Reuters) - Facebook owner Meta said on Monday it was banning RT, Rossiya Segodnya and other Russian state media networks, alleging the outlets used deceptive tactics to carry out influence operations while evading detection on the social media company's platforms.
“The board of Prolintas Managers is of the view that there will be no financial and operational impact on Prolintas Infra operations," the company said.
The trustee manager will look to optimise PIBT’s capital structure and cost of capital, said Maybank Investment Bank Research. It is forecast to report a net profit of RM11mil in the current financial year and RM12mil in FY25 and RM13mil in FY26, after a headline net loss of RM276mil in FY23. For FY24, the intention is to distribute RM70mil or 6.4 sen a unit. It expects distribution to grow over time.
It offers exposure to expanding traffic volume amid rising economic activities and urbanisation. It also offers sustainable and regular distribution to unitholders.
Prolintas Infra Business Trust PIBT Highway
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