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RHB revises base rate, base lending rate again

RHB Banking Group cut its base rate (BR) from 3.8% to 3.65% per annum and reduced its base lending rate (BLR) and base financing rate (BFR) from 6.75% to 6.6%. The revision followed an earlier cut on Bank Negara Malaysia's recent decision to reduce the overnight policy rate (OPR) from 3.25% to 3%.

Securities Commission says no to Yi-Lai's waiver application

In February this year, ceramic tile manufacturer Yi-Lai said it signed a heads of agreement with Aspen Vision Group Sdn Bhd and Setia Batu Kawan Sdn Bhd for Yi-Lai's planned acquisition of the entire stake in property developer, Aspen Vision All, for RM550 million.

DaMen, Intermark lift PavREIT’s 2Q NPI up 13%

The trust’s quarterly NPI came in at RM81.4 million, compared with RM71.9 million a year ago. Revenue for the quarter also registered a growth of 14.7% to RM118.0 million from RM102.9 million in 2QFY15, its bourse filing yesterday showed.

Nature lover triumphs in World Environment Day photo contest

A candid shot of a father and his daughter at play paid off in a big way for nature lover Tan Kai Ren when he took home the grand prize in the S P Setia-TheEdgeProperty.com World Environment Day 2016 photo contest at the prize giving ceremony yesterday.