News by theedgemalaysia.com

RHB Retail Research said Ekovest Bhd is resuming the bullish movement after it climbed above the strong resistance.

RHB Investment Bank (RHB IB) Research has maintained its “overweight” rating on the property sector and said the re-rating in property sector still has legs.

Genting Singapore may bid for a casino and integrated resort licence in Thailand, should the Thai government open up the industry, according to Maybank Investment Bank Research (Maybank IB).

Scientex Bhd’s second attempt to buy prime land in Johor Baru from S P Setia Bhd, this time for RM548 million, has fallen through again.

UEM Sunrise Bhd, Telekom Malaysia Bhd (TM) and Iskandar Investment Bhd (IIB) are shutting down the joint venture (JV) that they started nearly 10 years ago to provide smart in-building and smart city services around Iskandar Puteri, Johor.

Maybank Investment Bank has maintained its “neutral” rating of the property sector, and said that Iskandar Puteri stands a good chance as a location for the Johor-Singapore special economic zone (JSSEZ).

AmanahRaya Real Estate Investment Trust (ARREIT) has completed the disposal of its 4-star Holiday Villa Beach Resort and Spa Langkawi with 238 rooms in Langkawi, Kedah to property developer Plenitude Bhd for RM145 million cash.

UEM Sunrise Bhd, which was one of the top 10 most actively traded stocks on Bursa Malaysia on Thursday, jumped as much as eight sen or 8.08% to hit RM1.07 — its highest in about six years since February 2018.

Penang Chief Minister Chow Kon Yeow is suing business tycoon Tan Sri Tan Kok Ping over the latter's remarks, made in October last year, about a state land sale.

Thai-based hotel management company ONYX Hospitality Group will be introducing three new properties in Malaysia this year. Located in Johor, these properties are OZO Medini, Shama Medini and Shama Suasana Johor Bahru.