REITs: Raising gearing limit 'seen as timely'

KUALA LUMPUR (Aug 15): The temporary increase of the gearing limit for real estate investment trusts (REITs) by the Securities Commission Malaysia (SC) “is seen as timely for the sector”, The Edge Malaysia reported recently.

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High Court to hear former Supermax MD Stanley Thai's appeal on Sept 29

KUALA LUMPUR (Aug 14): The High Court here today fixed Sept 29 to hear the appeal of former Supermax Corp Bhd group managing director Datuk Seri Stanley Thai Kim Sim and former remisier Tiong Kiong Choon who had each been sentenced to five years' jail and fined for insider trading in relation to APL Industries Bhd (APLI).

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EcoHill Walk shops to welcome public end-2020

PETALING JAYA:  When the retail shops in EcoHill Walk, the first integrated mixed development in Semenyih, open their doors to the public by the end of this year, they will be the focal point for residents in the southern corridor of the Klang Valley, said Setia EcoHill general manager Koh Sooi Meng.

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Malaysian retail REITs to see light at end of tunnel

KUALA LUMPUR (Aug 12): A gradual recovery is underway in the retail industry, which is signalling Malaysian real estate investment trusts (REITs) in the retail space are set to see light at the end of the tunnel after the pandemic-induced slump.

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