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Mara to stop buying overseas properties, says Annuar Musa

Majlis Amanah Rakyat (Mara) has decided to discontinue investments in real estate overseas, its former chairman Tan Sri Annuar Musa said today, following the government agency's involvement in an alleged property scandal in Melbourne, Australia.

CapitaMalls Malaysia half-year results in line with expectations

CapitaMalls Malaysia Trust’s (CMMT) core net income (CNI) of RM74.8 million for the first half of financial year 2015 (1HFY15) met expectations, as it makes up 51% and 46% of our and consensus full-year FY15 estimates of RM147.5 million and RM162.6 million, respectively.