News about IT

KUALA LUMPUR (Sept 13): The federal coalition and the opposition Pakatan Harapan (PH) coalition have inked a bi-partisan memorandum of understanding (MoU) on ‘political transformation and stability’, said prime minister Datuk Seri Ismail Sabri Yaakob.

PETALING JAYA (Sept 13): The manager of Prime US REIT is in discussions with WeWork, one of its key tenants, on a resolution of its lease obligation at Tower 1 at Emeryville, California, reported The Edge Singapore today.

KUALA LUMPUR (Sept 13): KIP Real Estate Investment Trust (REIT) saw its substantial unitholder Datin Teoh Siew Chin disposing of 20.

KUALA LUMPUR (Sept 13): The Employees Provident Fund (EPF) launched two new initiatives targeting employers, namely an exemption from late payment charges and the Employer Pay Reduction Initiative (e-PaR), to ease the management of their cash flow during the pandemic while simultaneously allowing them to undertake their statutory obligations.

KUALA LUMPUR (Sept 13): As interest rates continue to be low, the real estate investment trusts’ (REITs) dividend yields of 5% to 9% from 2022 onwards are “attractive”, and will be sustained by the earnings recovery, opines UOB KayHian Research.

KUALA LUMPUR (Sept 12): Malaysia's daily Covid-19 doses administered fell to 258,929 yesterday (Sept 11) from 287,059 the day before.

SINGAPORE (Sept 12): A joint venture between Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd have emerged as the buyer of Flynn Park, a condominium on Yew Siang Road, located in the Pasir Panjang area.

KUALA LUMPUR (Sept 11): Plenitude Bhd, which is involved in property development, property investment and hospitality, saw a spike in trading volume last week.

KUALA LUMPUR (Sept 11): Businessman Datuk Eddie Ong Choo Meng (pictured) “could emerge as a substantial unitholder of retail KIP Real Estate Investment Trust as early as this week”, The Edge Malaysia reported in its latest issue.

KUALA LUMPUR (Sept 10): Malaysia's daily number of Covid-19 vaccine doses administered rose to 322,346 yesterday (Sept 9) from 320,452 on Wednesday (Sept 8), bringing the nation’s cumulative shots given to recipients to about 37.