News about IT

SINGAPORE (Feb 23): Singapore’s sovereign wealth fund GIC says it has formed joint ventures (JVs) with a group of investors to acquire over 2.

BAKU, the capital of Azerbaijan, is an oasis in a wasteland littered with untidy cement-block buildings, industrial machinery and gritty towns with sad mini-markets.

KUALA LUMPUR (Feb 22): Iris Corp Bhd, which has been thrust into the limelight after its deputy managing director Datuk Hamdan Mohd Hassan was arrested by the Malaysian Anti-Corruption Commission for alleged graft, saw its net loss widen to RM1.

PETALING JAYA (Feb 21): Developers, lenders and fund and real estate investment trust (REIT) managers expect logistics/industrial and healthcare/institutional properties in Malaysia to do well in 2017 despite the challenging operating environment, according to a survey by Knight Frank Malaysia.

KUALA LUMPUR (Feb 21): AmInvestment Bank Bhd upgraded its IOI Corp Bhd net profit forecast by 9% for the current financial year after IOI reported first-half core net profit, which was above the research firm's and consensus expectations.

BUKIT Jalil in Kuala Lumpur has been in the limelight ever since it was chosen as the location for the National Sports Complex, the venue of the 1998 Commonwealth Games.

PERAK (Feb 20): Hua Yang has launched the first phase of Bandar University Seri Iskandar (BUSI), Perak.

SINGAPORE (Feb 20): CIMB Securities is reiterating its “add” recommendation on CapitaLand with an unchanged price target of S$4.

SINGAPORE (Feb 20): Parkway Life REIT has acquired four nursing homes and one dementia group nursing home in Japan from Marubeni Corporation, UBI Kabushiki Kaisha and UBI Capital Kabushiki Kaisha for ¥4.

KUALA LUMPUR (Feb 20): MyHSR Corp Sdn Bhd has launched a strategic development framework (SDF) to outline socioeconomic development direction along the 350km Kuala Lumpur Singapore High Speed Rail (HSR) corridor.