PHB to independently manage AHB funds, aims to quadruple fund size to RM20b
Presently, the funds under AHB are managed by Maybank AB while its sponsor is PHB and its trustee is AmanahRaya Trustees Bhd.
Ho Hup's Flex project to be suspended, buyers refunded as Exsim buys land for RM110m
Ho Hup Construction Co Bhd’s RM1 billion mixed development project in Bukit Jalil will be suspended as it plans to sell the project's 3.09-acre land for RM110 million cash.
KIP REIT’s 3Q net property income up 10.1%, to double AUM in three years
KIP Real Estate Investment Trust (KIP REIT), a trust which mainly manages retail and industrial properties, said its net property income (NPI) for the third quarter rose 10.1% from a year ago, mainly due to stronger performance from its retail properties.
MBSB proposes 3.5 sen dividend for FY2023
Malaysia Building Society Bhd (MBSB) has recommended a final dividend of 3.5 sen for the financial year ended Dec 31, 2023 (FY2023).
AmFirst REIT 4Q net property income falls 7.8%, to distribute 1.18 sen per unit
AmFirst REIT, a trust which mainly manages office buildings, said on Thursday its fourth quarter net property income fell 7.82% from a year earlier mainly due to higher property expenses.
Chin Hin ups stake in Chin Hin Group Property to 57.13% amid share price rally
Chin Hin Group Bhd has acquired an additional 3.39% stake in Chin Hin Group Property Bhd (CHGP) for RM29.26 million, increasing the group’s stake in its listed property and construction arm to 57.13% from 53.74% previously.
Kerjaya Prospek gets RM33.2 mil piling job for Andaman Island apartment project
Construction outfit Kerjaya Prospek Group Bhd has secured a RM33.19 million piling and earthworks job for a proposed service apartment in Pulau Andaman, Penang from a related party.
Eversendai provides more info on its RM5.4b contract wins
It disclosed via a bourse filing the names of the companies that awarded the jobs, its recipient units, the tenures of the contracts, as well as the dates on which the deals were secured.
Eversendai says unable to give value breakdown on RM5.4b projects due to NDAs
Eversendai Corp Bhd, which announced last week that it had secured four new projects worth an aggregate RM5.4 billion, said it is unable to provide a value breakdown of the projects due to non-disclosure agreements (NDAs).
CTOS not legally empowered to formulate credit scores, High Court rules; CTOS to appeal
High Court judge Datuk Akhtar Tahir ordered CDS to pay businesswoman Suriati Mohd Yusuf RM200,000 together with RM50,000 in costs for an inaccurate negative credit rating.
