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.
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.
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.
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.
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.
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.
KUALA LUMPUR (Oct 30): Guocoland (Malaysia) Bhd, the property development arm of Hong Leong Group, reported a widened net loss of RM10 million for the first quarter ended Sept 30, 2019 (1QFY20) versus its net loss of RM1.
KUALA LUMPUR (Oct 29): Facing a prolonged office glut, Tower Real Estate Investment Trust (REIT) chief executive officer Eusoffe Chua said it cannot rest on its laurels.
KUALA LUMPUR (Oct 29): Filling up office space is not easy for landlords nowadays simply because of oversupply.
KUALA LUMPUR (Sept 25): Hong Leong Investment Bank Bhd says Malaysia's Budget 2020 may include a RM4 billion contingency plan to cushion the nation's economic growth from the prolonged US-China trade tension.