Economists bet on BNM leaving the OPR unchanged later today
All eyes will be on Bank Negara Malaysia (BNM) as the central bank is set to announce its overnight policy rate (OPR) decision later on Thursday afternoon.
UOB KayHian starts coverage on Lagenda Properties, target price RM2.05
UOB KayHian has initiated coverage on Lagenda Properties Bhd (KL: LAGENDA) with a “buy” rating at RM1.49 and target price (TP) of RM2.05.
Sentral REIT's 1Q net property income rises 30% but finance costs weigh
Sentral Real Estate Investment Trust (KL:SENTRAL), or Sentral REIT, posted a 30.29% increase in its net property income in the first quarter ended March 31, 2024 (1QFY2024) to RM38.15 million from RM29.28 million a year ago, on higher contribution from four of its key properties.
IJM Land’s Daffodil Residency achieves 55% take-up rate
IJM Land Bhd has achieved 55% take-up rate for serviced apartment Daffodil Residency since its launch on March 1, according to a press statement on May 7.
GCH Retail says Giant Batu Caves tenancy dispute with landlord still being decided by courts
GCH Retail (M) Sdn Bhd, the operator of Giant hypermarkets, said the courts are still deciding on the company’s tenancy dispute with its landlord over premises it is currently occupying in Batu Caves.
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.
Sime Darby Plantation to co-develop Kerian Integrated Green Industrial Park with PNB
“The decision to actively participate in the KIGIP development is an important milestone for us as we venture into the natural adjacency of plantation companies.”
EPF initiates legal action against Ireka unit over unpaid contributions
The construction outfit said EPF is claiming a principal sum of RM50,196, representing total outstanding contribution from August 2023 to December 2023, along with dividends and late payment charges to be determined upon full settlement of the amount claimed.
TF Value-Mart sues GCH Retail to get it to vacate Giant Batu Caves premises
TF Value-Mart, which operates a chain of stores in its own namesake, said it was to take over the lease of the premises after GCG Retail vacates it.
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.
