News about MIDF

KUALA LUMPUR (Aug 5): Vaccinating children against Covid-19 may not be a priority at the moment as it is proven that they rarely contract severe diseases, said Professor of Medicine and Infectious Disease at Universiti Malaya Professor Datuk Dr Adeeba Kamarulzaman.

KUALA LUMPUR (Dec 12): Permodalan Nasional Bhd (PNB) has sold Menara MIDF (pictured)  in Jalan Raja Chulan to Singapore-based JD Hospitality Sdn Bhd, The Edge Malaysia reported in its latest issue.

KUALA LUMPUR (Nov 13): MIDF Research has downgraded the property sector to neutral from positive as it sees property sales recovery to be derailed by the re-imposition of the conditional movement control order (CMCO).

KUALA LUMPUR (Oct 13): The conditional movement control order (CMCO) in the Klang Valley will not have a major impact on business activities as firms are allowed to operate according to the standard operating procedures (SOPs) that have been rolled out for each industry, said MIDF Research.

KUALA LUMPUR (Aug 15): The temporary increase of the gearing limit for real estate investment trusts (REITs) by the Securities Commission Malaysia (SC) “is seen as timely for the sector”, The Edge Malaysia reported recently.

KUALA LUMPUR (July 28): MIDF Research has upgraded the property sector to "positive" (from "neutral") and said new property sales outlook will improve gradually in the second half of calendar year 2020 (2HCY20) due to the National Economic Recovery Plan (Penjana) incentives.

KUALA LUMPUR (March 26): The tough operating environment amidst the COVID-19 outbreak will make it a challenging year for Tiong Nam Logistics Holdings Bhd’s property segment as property purchases will be delayed by businesses to conserve more cash, said MIDF Research.

KUALA LUMPUR (March 3): Malaysian Industrial Development Finance Bhd (MIDF) is offering financial relief to assist clients in dealing with the expected economic growth slowdown due to the COVID-19 outbreak.

These deals and properties on the market hit the headlines in 2019.

PETALING JAYA (Sept 6): Six out of eight real estate investment trusts (REITs) under our coverage recorded core net income (CNI) that was in line with our full-year forecasts.