BNM keeps OPR at 3%, sees inflation moderating in 2H
This is the third consecutive time that the OPR has been at 3%.
Aneka Jaringan plans another private placement to fund projects
In a bourse filing on Wednesday, the construction outfit said the exercise will involve the issuance of up to 94.
YTL Hospitality REIT buys Stripes hotel for RM138m cash in related party deal
Hotel Stripes Kuala Lumpur, Autograph Collection is a five-star hotel, located along Jalan Kamunting in Kuala Lumpur.
TA Securities positive on CapitaLand Malaysia Trust’s disposal of 3 Damansara Office Tower
In a research note, TA noted that the proposed disposal for RM52 million translates into a premium of 4% over the property’s market value, and would result in a net gain of RM400,000 for the group.
Pavilion REIT signs deals to power Pavilion KL, Intermark and Pavilion Bukit Jalil with RE
For both MOUs, Pavilion REIT noted that a corporate green power agreement (CGPA) is to be executed within 60 days of approval from the Energy Commission to participate in the CGPP.
Bursa quizzes Lion Industries over RM92 mil land disposal
Bursa Securities in a query asked Lion Industries five questions, including the reason for the estimated expenses for the disposal at RM22.
Axis REIT sues ex-tenant to recover RM105 mil in unexpired future rental payments
The REIT said the suit against Yongnam Engineering Sdn Bhd (YESB) was filed by its trustee, RHB Trustees Bhd, at the High Court in Johor Bahru on Tuesday.
CLMT to sell 3 Damansara office tower to Lagenda Properties for RM52m
Net proceeds of RM50.
KIP REIT’s RM80m acquisition of KIPMall Kota Warisan deemed fair and reasonable by independent adviser
The all-cash deal is deemed a related party transaction as KIP REIT’s major unitholder Datuk Ong Kook Liong is also a director and major shareholder of Cahaya Serijaya.
Titijaya Land says booked RM14m impairment from unit's winding up in 4QFY2023
Titijaya Land said the winding-up of Renofajar will not cause a material financial impact on the group due to the unit’s insignificant contribution to its financial performance ― having contributed 1.
