Guocoland places over RM2b bid for Singapore’s Lentor Central MRT site
SINGAPORE (July 26): Guocoland has placed an offer of more than S$784 million (about RM2.
Hong Leong group moves 27% stake in Eco World International from flagship company in restructuring exercise
KUALA LUMPUR (May 12): Hong Leong Company (Malaysia) Bhd is no longer the ultimate shareholder of the 27% stake in Eco World International Bhd (EWI) owned by the Hong Leong group following an internal restructuring.
HLIB foresees continuous, steady recovery for Malaysian REITs
KUALA LUMPUR (April 13): Hong Leong Investment Bank (HLIB) Research has maintained its "neutral" rating of Malaysian real estate investment trusts (REITs) following relaxation of the movement control order (MCO).
Malaysia's richest tycoons and the billions in dividends they earned in the final quarter of 2020
KUALA LUMPUR (March 18): Eight of Malaysia's top 10 richest tycoons — based on Forbes' 2020 billionaires list — earned a whopping RM1.
Robinsons shutdown will affect IGB REIT but only short term, say analysts
KUALA LUMPUR (Oct 30): Retailer Robinsons, one of the anchor tenants in The Gardens Mall, is shutting down its operations in Kuala Lumpur and Singapore for good.
BNM may cut OPR by another 25bps to 1.50% as early as September — HLIB
KUALA LUMPUR (July 8): Hong Leong Investment Bank Research (HLIB) is not discounting the possibility that Bank Negara Malaysia (BNM) will cut the overnight policy rate (OPR) by another 25 basis points (bps) to 1.
COVID-19: Hong Leong Bank cardholders can convert balance to three-year loan at 13% per annum
KUALA LUMPUR (March 25): Hong Leong Bank Bhd and Hong Leong Islamic Bank Bhd have offered their customers the option of converting their credit card balances into a three-year loan at an effective interest or profit rate of 13% per annum.
Hong Leong's takaful PJ HQ employee has COVID-19
KUALA LUMPUR (March 9): An employee of Hong Leong (HL) MSIG Takaful Bhd (HLMT) at Tower B of the PJ City Development tested positive for COVID-19 on March 6, New Straits Times (NST) reported today.
Gamuda, MoF Inc extend highway takeover details for another two months
KUALA LUMPUR (Nov 1): The details of the proposed acquisition of four Gamuda Bhd toll concessionaires, which were supposed to be finalised yesterday between the company and the government, has been extended for another two months, with the latest completion date set no later than March 31 next year, according to the company.
