E&O in no rush to sell UK assets
Eastern & Oriental Bhd (KL:E&O) said it is "not in a hurry" to sell its properties in the UK, as it keeps the doors open to potential suitors to monetise the non-core assets.
Titijaya acquires properties in Kota Kinabalu for RM105 mil
Titijaya Land Bhd (KL:TITIJAYA) has proposed the acquisition of two properties located adjacent to Universiti Malaysia Sabah (UMS) in Kota Kinabalu for a total of RM105 million.
Bursa grills Genting Malaysia over US$41m Empire Resorts buyout
Genting Malaysia Bhd’s (KL:GENM) proposed US$41 million (RM175.5 million) acquisition to gain full control of the loss-making Empire Resorts Inc from Genting group's founding Lim family has come under the scrutiny of Bursa Malaysia Securities Bhd.
Unitholders give green light to Pavilion REIT's RM480 mil hotel acquisitions
Pavilion Real Estate Investment Trust (KL:PAVREIT) has received its unitholders’ approval to acquire two hospitality assets, namely Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel Kuala Lumpur (PHKL), for RM480 million.
Kumpulan Jetson gets writ of summons to void shareholders' requisition notice
Kumpulan Jetson Bhd (KL:JETSON) has received a writ of summons from three minority shareholders who are seeking a court order to void a requisition notice dated April 23, 2025, and to halt any corporate action based on it.
Genting Malaysia takes full control of Empire Resorts from Lim family in US$41 mil deal
Genting Malaysia Bhd (KL:GENM) is going to gain full control of loss-making Empire Resorts Inc in a US$41 million (RM177 million) deal from the Lim family's Kien Huat Realty III Ltd, by acquiring the remaining 51% stake in Genting Empire Resorts LLC (GERL) that it does not own. It currently holds 49% interest in GERL, which owns Empire Resorts.
Tuju Setia bags RM264 mil job from MKH to build serviced apartments
Builder Tuju Setia Bhd (KL:TJSETIA) has bagged a contract worth RM264.07 million for the construction of serviced apartments in Cheras, Selangor.
YNH Property expects independent review of contracts to be completed by April 9
YNH Property Bhd (KL:YNHPROP) said the independent review of its joint venture (JV) and turnkey contracts is now expected to be ready by April 9.
After BNM's hold at 3%, economists forecast no OPR change throughout 2025
Following Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR) at 3% on Thursday, economists project that the interest rate will remain unchanged for the rest of the year.
BNM keeps OPR at 3% as it bets on steady growth, with manageable inflation
Bank Negara Malaysia (BNM) on Thursday kept the benchmark interest rate unchanged, as widely expected, amid its outlook for sustained economic growth and manageable inflation.
