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News by TheEdgemarkets.com

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IGB REIT's 2Q net property income tumbles 62%, to distribute 0.62 sen per unit

21 July, 2020

IGB REIT said: "The lower gross revenue, net property income and profit after taxation are mainly due to the rental support provided to tenants and lower car park income arising from the Covid-19 pandemic and resultant MCOs (Movement Control Orders)."

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Covid-19: New cluster detected in Johor with 14 confirmed infections

20 July, 2020

A new Covid-19 cluster has been detected in an old folk’s home in Kluang, Johor, with 14 confirmed positive cases, the Ministry of Health (MoH) said today.

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news

MoF: Goldman Sachs reps in Malaysia to discuss 1MDB settlement deal

20 July, 2020

In a statement today, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the effective recovery of 1MDB assets remains a key priority for the Malaysian government. 

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Property sector 'neutral' despite challenging outlook, says AmInvestment Bank

20 July, 2020

The affordable segment is expected to perform better, driven by the mass market, especially demand from young professionals and families due to continued urbanisation.

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320 facilitation fund projects worth RM14.23b approved by govt so far, says Mustapa

20 July, 2020

The facilitation fund aims to help bridge the private-sector viability gap with respect to projects that have a strategic impact and those with huge economic spillover effects.

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Covid-19: Daily infections and total active cases on the rise at 15 and 103 respectively

19 July, 2020

The number of daily infections has been going up and down between the single- and double-digit levels since last Friday when 18 cases were reported, after posting four straight days of single-digit cases since last Monday.

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Malaysia's daily Covid-19 infections back to single digit at nine today

18 July, 2020

Of the nine new cases, four were imported cases involving three Malaysians and one foreigner who is married to a local citizen. These cases were traced to Indonesia, Singapore and Pakistan.

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Court rules in favour of Mulpha in claim over aborted sale deal with Mula

18 July, 2020

“Mulpha was successful in proving the claim against the defendants (Mula), and the judge found that Mula had breached the settlement agreement and that the said agreement was terminated on Dec 15, 2013,” the group said in a bourse filing yesterday.

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Stay order doesn't give AEON BiG the right to remove seal at its store — mall owner

18 July, 2020

Alleging that AEON BiG has made “an inaccurate unilateral interpretation” of the stay order, Mega Continental said: “Any subsequent acts by AEON BiG in dealing with the seized goods may therefore be contempt in the face of court.”

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MoH finds four new clusters with a total of six infections

17 July, 2020

Further investigations are ongoing into these new clusters

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