NewsFeed http://www.theedgeproperty.com.my/frontpage en Mohamad Noor Abdul Rahim resigns as TSR Capital chairman http://www.theedgeproperty.com.my/content/1905096/mohamad-noor-abdul-rahim-resigns-tsr-capital-chairman <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/tsrcapital_8.jpg?itok=5UKQlT36"><a href="/content/1905096/mohamad-noor-abdul-rahim-resigns-tsr-capital-chairman"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/tsrcapital_8.jpg?itok=5UKQlT36" width="220" height="147" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Mohamad Noor, 77, resigned due to personal reasons. </p> </div></div></div> Tue, 31 Jan 2023 11:48:39 +0000 teh.prisca@gmail.com 1905096 at http://www.theedgeproperty.com.my Teladan Setia buys Melaka land for RM48.54m to build health and wellness centre, serviced apartments http://www.theedgeproperty.com.my/content/1905095/teladan-setia-buys-melaka-land-rm4854m-build-health-and-wellness-centre-serviced-apartments <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/teladansetia_0.jpg?itok=26_Lkjrc"><a href="/content/1905095/teladan-setia-buys-melaka-land-rm4854m-build-health-and-wellness-centre-serviced-apartments"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/teladansetia_0.jpg?itok=26_Lkjrc" width="220" height="147" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>The land measures approximately 7.54 acres.</p> </div></div></div> Tue, 31 Jan 2023 11:36:33 +0000 teh.prisca@gmail.com 1905095 at http://www.theedgeproperty.com.my Masteel invests some RM60m in capex to become first ultra-low carbon emission integrated mill http://www.theedgeproperty.com.my/content/1905094/masteel-invests-some-rm60m-capex-become-first-ultra-low-carbon-emission-integrated-mill <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/masteel.jpg?itok=-3nQpgoL"><a href="/content/1905094/masteel-invests-some-rm60m-capex-become-first-ultra-low-carbon-emission-integrated-mill"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/masteel.jpg?itok=-3nQpgoL" width="220" height="147" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Masteel said it earned three out of four stars in the ESG Ratings among public listed companies in FBM EMAS, placing it within the top 26%-50% of PLCs assessed by FTSE Russell.  </p> </div></div></div> Tue, 31 Jan 2023 10:42:34 +0000 teh.prisca@gmail.com 1905094 at http://www.theedgeproperty.com.my Ex-PMs Mahathir and Muhyiddin sued over termination of KL-Singapore HSR project http://www.theedgeproperty.com.my/content/1905090/ex-pms-mahathir-and-muhyiddin-sued-over-termination-kl-singapore-hsr-project <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/mahathirandmuhyidin.jpg?itok=l5BFCiWs"><a href="/content/1905090/ex-pms-mahathir-and-muhyiddin-sued-over-termination-kl-singapore-hsr-project"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/mahathirandmuhyidin.jpg?itok=l5BFCiWs" width="220" height="147" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>He also named former minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed, former transport minister Datuk Seri Dr Wee Ka Siong and the government as three other defendants.</p> </div></div></div> Tue, 31 Jan 2023 08:21:00 +0000 teh.prisca@gmail.com 1905090 at http://www.theedgeproperty.com.my Indonesia hopes Malaysia can issue foreign worker recalibration programme 2.0 SOP soonest http://www.theedgeproperty.com.my/content/1905089/indonesia-hopes-malaysia-can-issue-foreign-worker-recalibration-programme-20-sop-soonest <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/constructionworkerstem.jpg?itok=oAusH9kG"><a href="/content/1905089/indonesia-hopes-malaysia-can-issue-foreign-worker-recalibration-programme-20-sop-soonest"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/constructionworkerstem.jpg?itok=oAusH9kG" width="220" height="126" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Indonesian Manpower Minister Ida Fauziyah said the SOP on RTK 2.0 will be a reference for illegal immigrants who have been working in Malaysia for a long time.</p> </div></div></div> Tue, 31 Jan 2023 08:02:00 +0000 teh.prisca@gmail.com 1905089 at http://www.theedgeproperty.com.my Pasdec forms JV to develop residential estate in Kuantan http://www.theedgeproperty.com.my/content/1905088/pasdec-forms-jv-develop-residential-estate-kuantan <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/pasdec.jpg?itok=2rDrOgZk"><a href="/content/1905088/pasdec-forms-jv-develop-residential-estate-kuantan"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/pasdec.jpg?itok=2rDrOgZk" width="220" height="147" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Its wholly-owned unit Pasdec Corp Sdn Bhd has entered into a JV agreement with a special purpose vehicle called Sedimi Property Development Sdn Bhd to develop the 238 pieces of vacant leasehold plots with a total area of 60,049 square metres.</p> </div></div></div> Tue, 31 Jan 2023 07:26:58 +0000 teh.prisca@gmail.com 1905088 at http://www.theedgeproperty.com.my Tower REIT 2QFY23 NPI down 17% as operating costs, interest expense weigh http://www.theedgeproperty.com.my/content/1905087/tower-reit-2qfy23-npi-down-17-operating-costs-interest-expense-weigh <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/towerreit_2.jpg?itok=pnMHfPTH"><a href="/content/1905087/tower-reit-2qfy23-npi-down-17-operating-costs-interest-expense-weigh"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/towerreit_2.jpg?itok=pnMHfPTH" width="220" height="147" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Net property income fell to RM3.88 million in 2QFY23, from RM4.7 million a year ago, while net income declined 93% to RM108,000 from RM1.53 million amid higher interest expense.</p> </div></div></div> Tue, 31 Jan 2023 06:35:50 +0000 teh.prisca@gmail.com 1905087 at http://www.theedgeproperty.com.my UEM Sunrise completes issuance of RM255m Islamic medium term notes http://www.theedgeproperty.com.my/content/1905086/uem-sunrise-completes-issuance-rm255m-islamic-medium-term-notes <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/uemsunrise_7_0.jpg?itok=iDFns9lp"><a href="/content/1905086/uem-sunrise-completes-issuance-rm255m-islamic-medium-term-notes"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/uemsunrise_7_0.jpg?itok=iDFns9lp" width="220" height="147" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>The IMTN programme comes together with an Islamic commercial papers programme, which together have a combined aggregate limit of up to RM4 billion in nominal value, based on the shariah principle of murabahah via tawarruq arrangement.</p> </div></div></div> Tue, 31 Jan 2023 06:21:24 +0000 teh.prisca@gmail.com 1905086 at http://www.theedgeproperty.com.my Building materials maker Ajiya’s 4Q profit jumps 169% on gain from other investments http://www.theedgeproperty.com.my/content/1905085/building-materials-maker-ajiya%E2%80%99s-4q-profit-jumps-169-gain-other-investments <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/ajiya_2.jpg?itok=1g1jeX20"><a href="/content/1905085/building-materials-maker-ajiya%E2%80%99s-4q-profit-jumps-169-gain-other-investments"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/ajiya_2.jpg?itok=1g1jeX20" width="220" height="147" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Earnings per share rose to 3.29 sen from 1.2 sen. </p> </div></div></div> Tue, 31 Jan 2023 06:09:44 +0000 teh.prisca@gmail.com 1905085 at http://www.theedgeproperty.com.my Zecon, PR1MA terminate partnership for mixed development in Kuching http://www.theedgeproperty.com.my/content/1905084/zecon-pr1ma-terminate-partnership-mixed-development-kuching <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/zecon_1.jpg?itok=WbWILeFn"><a href="/content/1905084/zecon-pr1ma-terminate-partnership-mixed-development-kuching"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/zecon_1.jpg?itok=WbWILeFn" width="220" height="147" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Following the termination, Zecon will be buying back the project from PR1MA for RM63.56 million, which includes the land cost. </p> </div></div></div> Tue, 31 Jan 2023 03:36:06 +0000 teh.prisca@gmail.com 1905084 at http://www.theedgeproperty.com.my