Trading in IWCity shares halted pending material announcement
KUALA LUMPUR (Oct 30): Trading in the shares of Iskandar Waterfront City Bhd (IWCity) has been halted from 9am today till 5pm tomorrow (Oct 31) at the company's request.
Association seeks tax-free dividends for REITs
KUALA LUMPUR (Oct 27): While Malaysia imposes a lower rate of withholding tax on dividends paid to retail investors of real estate investment trusts (REITs) compared with many other countries, the Malaysian REIT Managers Association (MRMA) is of the view that a total tax exemption should be given to attract more investments.
GuocoLand 1Q net profit jumps fourfold
KUALA LUMPUR (Oct 27): GuocoLand (M) Bhd’s net profit rose fourfold to RM1.
TRIplc 1Q net profit surges to RM6.16m on concession income
KUALA LUMPUR (Oct 26): TRIplc Bhd (pictured) net profit for the first quarter ended Aug 31, 2017 surged to RM6.
REIT Index to spur more diverse offerings in Bursa Malaysia
KUALA LUMPUR (Oct 26): Bursa Malaysia is hopeful that its newly launched Real Estate Investment Trust (REIT) Index will spur the listing of more diverse products in the future, such as alternative REITs and exchange-traded funds (ETFs) among others.
MRCB’s rights issue oversubscribed 7.37%
KUALA LUMPUR (Oct 26): Malaysian Resources Corp Bhd’s (MRCB) rights issue has been oversubscribed by 7.
S P Setia’s I&P buy and rights issue deemed as fair and reasonable — Affin Hwang
KUALA LUMPUR (Oct 25): S P Setia Bhd’s proposals to acquire I&P Group Sdn Bhd for RM3.
Berjaya Land sells 0.9% stake in 7-Eleven for RM14.9m
KUALA LUMPUR (Oct 24): Berjaya Land Bhd (BLand) has sold 10 million shares or a 0.
I-Bhd's 3Q net profit slips 12.7%; stays confident of commendable FY17 results
KUALA LUMPUR (Oct 23): Property developer I-Bhd posted a 12.
Iris Corp appoints Shaiful Zahrin as CEO
KUALA LUMPUR (Oct 16): Iris Corp Bhd announced a slew of boardroom changes today, together with the appointment of Shaiful Zahrin Subhan as its group CEO, effective today.
