Axis REIT to distribute The Annex sale gains through FY2025; 2Q income up 20%
Axis REIT's net income rose to RM46.
IGB’s REITs post higher 2Q NPIs on higher rental income
IGB REIT declared a distribution per unit (DPU) of 2.
Most electricity consumers could see tariff rebate for coming months on low fuel prices
Deputy Prime Minister Datuk Seri Fadillah Yusof: For August, due to the drop in fuel and gas prices, from Aug 1 to 31, a rebate will be given for electricity at 1.
Titijaya reports fire at Kota Kinabalu condominium
Titijaya said the fire incident was confined to part of the car park area on level five of The Shore Kota Kinabalu.
Ekovest’s RM450m merger deal with Knusford lapse after third deadline extension expires
No details were disclosed on why the RM450 million deal was not concluded within the stipulated timeline.
Rimbunan Sawit calls off joint venture to develop Sarawak NCR land
In a filing with Bursa Malaysia on Thursday, Rimbunan Sawit said it had entered into a rescission agreement with LHSB to mutually terminate the JV agreement signed in April 2001.
KIP REIT sees earnings stabilising after 24% jump in FY2025
The improved earnings were mainly driven by the contribution from its seven KIPMalls and its four industrial properties, as well the newly bought D'pulze Shopping Centre and TF Value-Mart.
AME REIT's net property income up 11.5% on new acquisitions, higher rental rates
As at June 30 this year, AME REIT’s portfolio comprises 39 investment properties, including 36 industrial properties with a total agreed lettable area of 2.
Improved occupancies lift UOA REIT’s 2Q net rental income; declares higher distribution
UOA REIT expects office space demand to improve gradually, supported by its completed and ongoing asset enhancement initiatives aimed at revitalising older buildings through 2025.
HI Mobility denies wage cuts for Causeway Link drivers
HI Mobility said contrary to the claims made in the media reports, all salary payments to its cross-border bus drivers have been made in full and in accordance with the terms of their employment contracts and in compliance with statutory regulations.
