Foreign hypermarkets still looking for bumiputera partner
KUALA LUMPUR (Feb 20): Three out of the four foreign hypermarket players in the country “have yet to meet the local shareholder requirement”, The Edge reported this week.
Asia Pacific real estate investment dipped 20% in 2020 - report
PETALING JAYA (Feb 11): Real estate investment volumes in Asia Pacific declined by 20% in 2020, but were buoyed by a final quarter recovery in which transaction levels remained flat year-on-year (yoy).
AmInvestment Bank Research expects UEM Sunrise to post net loss of RM18.5 million for FY20
KUALA LUMPUR (Feb 8): AmInvestment Bank Research is projecting UEM Sunrise Bhd to register a net loss of RM18.
Moody's affirms Malaysia's A3 rating with stable outlook; expects its mid-term growth prospects to remain strong
KUALA LUMPUR (Jan 28): Moody's Investors Service today affirmed the Malaysian government's local and foreign currency long-term issuer and local currency senior unsecured debt ratings at A3, and kept its outlook at stable.
AmInvestment upgrades REIT sector, says worst is over
KUALA LUMPUR (Dec 24): AmInvestment Bank Bhd said today it has upgraded the Malaysia real estate investment trust (REIT) sector to "overweight" from "neutral" as the research firm believes the worst is over for the industry, which has contended with the impact of Covid-19-driven restricted movement policies.
In response to Bursa's UMA query, IOI Properties says it is exploring potential investments
KUALA LUMPUR (Dec 8): IOI Properties Group Bhd said today it is exploring a few proposals on potential investments which are currently at a preliminary stage of discussions, in response to an unusual market activity (UMA) query by Bursa Securities.
Tropicana director resigns while Bursa queries group about Top Glove share buy
KUALA LUMPUR (Dec 8): Tropicana Corp Bhd announced a couple of boardroom changes today, including the resignation of an independent director and the redesignation of one to a senior independent director's post, while the company was asked to justify its recent acquisitions of RM78.
MBSB rises as much as 6.84% after returning to black in 3Q
KUALA LUMPUR (Dec 1): Malaysia Building Society Bhd (MBSB) rose as much as 6.
Indonesia's Selo Group introduces alternative property investment options
KUALA LUMPUR (Nov 20): Indonesia-based developer Selo Group has unveiled a range of lands and villa developments located in Lombak, Indonesia for investment.
Maybank Desa Sri Hartamas branch temporarily closed
KUALA LUMPUR (Oct 28): Maybank’s Desa Sri Hartamas branch has been temporarily closed after it discovered that one of its staff came into close contact with a Person Under Investigation (PUI) for Covid-19, the bank announced in a statement today.
