CapitaLand Malaysia Trust eyes more industrial, logistic assets in Johor
Capitaland Malaysia Trust (KL:CLMT) is eyeing more industrial and logistic assets in Johor, given the robust demand and positive economic sentiments there.
CapitaLand Malaysia Trust positive on outlook amid increased tourist spending, occupancy rates
CapitaLand Malaysia Trust (KL:CLMT) said it is positive on its earnings outlook for this year, supported by sustained domestic earnings, an uptick in tourist arrivals and better occupancy rates for its retail malls.
Axis REIT's NPI up 12.9%, declares 2.25 sen income distribution
Axis Real Estate Investment Trust's (KL:AXREIT) (Axis REIT) second quarter net property income (NPI) increased 12.86% to RM65.95 million from RM58.44 million a year ago, on the back of higher revenue.
Trading of securities in Grand Central Enterprises to be halted next Monday, pending announcement
Trading of securities in Grand Central Enterprises Bhd (KL:GCE) will be suspended on Monday (July 22) from 9am to 5pm, pending the release of a material announcement.
Data centres account for 76% of Malaysia’s RM162b digital investments between 2021 and 1Q2024
A total of RM162 billion in digital investments were approved between 2021 and the first quarter of 2024 (1Q2024), with the largest share or 76% coming from data centre investments, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Tafi bags RM207 mil related-party transaction for mixed-used development in Setia Alam
Tafi Industries Bhd (KL:TAFI) has bagged a construction contract as well as piling and project furniture works worth a combined total of RM207.46 million for a mixed-use development project that comprises a serviced apartment and a small-office, home-office (SOHO) block in Setia Alam, Selangor.
Miti working with construction industry, Works Ministry to ensure more local steel used in govt projects
“The iron and steel industry is a very important yet delicate industry that requires a lot of attention from policy makers."
Data centre boom, chip industry expansion expected to boost local steel demand
Meanwhile, Lim said Misif is also hoping that the government can provide incentives to encourage steel mills to move up the value chain.
YNH Property extends conditional period for RM215 mil sale of 163 Retail Park to Sunway REIT till Sept 26
YNH Property Bhd (KL:YNH) said the conditional period of the sale and purchase agreement for it to sell 163 Retail Park to Sunway Real Estate Investment Trust (Sunway REIT) (KL:SUNREIT) has been extended by three months to Sept 26.
Cohu opens 20,000-sq-ft semiconductor test design centre in Penang
Cohu Inc, a global supplier of equipment and services to the semiconductor industry, on Friday officially opened its design centre in Penang.
