News about Invest

KUALA LUMPUR (Jan 9): Bersatu supreme council member A Kadir Jasin (pictured) is of the view that the Malaysian Anti-Corruption Commission’s (MACC) release of audio recordings pertaining to conversations involving ex-PM Datuk Seri Najib Razak and wife Datin Seri Rosmah Mansor, former MACC chief Tan Sri Dzulkifli Ahmad, a foreign dignitary and several other individuals could cost the graft busters their integrity if the recordings were not first verified.

KUALA LUMPUR (Dec 30): TA Securities Holdings Bhd said today Malaysia's corporate actions in 2020 may include the privatisation of Tiong Nam Logistics Holdings Bhd by major shareholders based on the company's financial position, future cash requirement besides share price and public shareholding spread.

KUALA LUMPUR (Dec 25): Axis Real Estate Investment Trust (Axis REIT) is acquiring a piece of land siting two blocks of factory and a double-storey office building at the Bukit Raja Industrial Area, Selangor from Lion Steelworks Sdn Bhd for RM37 million – about 5% lower than its market value.

KUALA LUMPUR (Dec 10): Qatar Investment Authority (QIA) has sold 74 million units in Pavilion Real Estate Investment Trust (REIT) for RM125.

KUALA LUMPUR (Nov 27): The UK Court of Appeal has ruled in Malaysia's favour to have its bid to challenge a US$5.

KUALA LUMPUR (Nov 27): YTL Hospitality Real Estate Investment Trust’s (YTL REIT) net property income (NPI) grew 11.

KUALA LUMPUR (Nov 26): LBS Bina Bhd’s net profit for the third quarter ended Sept 30, 2019 (3QFY19) fell 12.

  KUALA LUMPUR (Nov 25): IGB Bhd’s announcement that it is going to spin-off its commercial properties into a real estate investment trust (REIT) is a pleasant surprise and marks a step closer to realise the group’s fair value, analysts say.

KUALA LUMPUR (Nov 21): Acme Time Ltd, a firm wholly-owned by fugitive financier Low Taek Jho (Jho Low), obtained close to US$126 million in the Islamic Medium Term Note (IMTN) bond flip for the Terengganu Investment Authority (TIA) in 2009, the High Court was told today.

KUALA LUMPUR (Nov 21): Former Auditor General Tan Sri Ambrin Buang agreed to remove a portion of the 1Malaysia Development Bhd (1MDB) audit report that mentioned a meeting between Datuk Seri Najib Razak and then-Yang di-Pertuan Agong Sultan Mizan Zainal Abidin.