News about Invest

PETALING JAYA (May 28): Investors of the Tun Razak Exchange (TRX) financial district in Kuala Lumpur are seeking clarity on the status of its development as it comes under review by the new Pakatan Harapan (PH) government, reported The Star.

KUALA LUMPUR (May 22): UOA Real Estate Investment Trust reported a net rental income of RM14.

KUALA LUMPUR (May 22): Hektar Real Estate Investment Trust (REIT)’s first quarter net property income (NPI) grew 9.

KUALA LUMPUR (May 17): KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (REIT), posted a marginal 2.

KUALA LUMPUR (May 4): Irene Sin May Lin has been named the new chief financial officer of Sunway Real Estate Investment Trust (SunREIT).

KUALA LUMPUR (April 24): The liberalisation in the permissible list of activities provides alternative growth opportunities to Malaysian Real Estate Investment Trusts (M-REITs) in the areas of acquiring vacant land to undertake property development activities, acquisition of assets with provision of income support and investments through private leases, said the Malaysian REIT Managers Association (MRMA).

KUALA LUMPUR (April 19): The Asian Infrastructure Investment Bank (AIIB) has expressed its interest in financing the Kuala Lumpur-Singapore High Speed Rail (HSR), among other infrastructure projects in Malaysia, according to the Embassy of China.

KUALA LUMPUR (April 19): Keck Seng (Malaysia) Bhd is close to acquiring a stake in Luxembourg-based AccorInvest Group SA, boasting a portfolio of 891 hotels in the economy and in the mid-scale segment — a majority of which are located in Europe.

KUALA LUMPUR (April 18): CIMB Investment Bank Bhd said the pace of awards of the remaining 18 contracts under the proposed Pan-Borneo Highway in Sabah (PBH Sabah) is expected to pick up post Malaysia's 14th General Election (GE14).

Real estate investment trust sector Maintain neutral: The Securities Commission Malaysia (SC) has implemented the new revised guidelines on listed real estate investment trusts (REITs) effective on April 9, 2018.