South Malaysia Industries gets takeover offer at 45 sen per share
However, the offerors led by Leong intend to maintain the listing status of SMI on the Main Market of Bursa Malaysia.
JLL Malaysia: House prices in Greater KL expected to go up through the end of the year
Speaking at the launch of JLL Malaysia’s 2Q2024 Greater Kuala Lumpur (KL) Property Market Monitor on Wednesday, JLL Malaysia managing director Jamie Tan said that the upward price trend for both primary and secondary markets is due to inflation, as well as the rising of construction cost and building material prices.
Builders, developers deep in red after months of data centre-driven frenzy
Technology stocks on Bursa Malaysia have plummeted since Friday amid concerns over disappointing earnings of their global counterparts and design troubles of chips powering artificial intelligence.
Bursa Malaysia will only shift its 'front office' to TRX, not entire operation, says chairman Wahid
Bursa Malaysia chairman Tan Sri Abdul Wahid Omar said the front office includes the stock exchange operator's marketing segment which will provide visibility and branding for Bursa Malaysia at TRX.
CapitaLand Malaysia Trust eyes more industrial, logistic assets in Johor
In February this year, CLMT acquired three prime freehold ready-built factories in Nusajaya Tech Park in Iskandar Malaysia from Nusajaya Tech Park Sdn Bhd for a total RM27 million, marking the trust's entry into the industrial market, as it diversified its geographical footprint to Johor.
CapitaLand Malaysia Trust positive on outlook amid increased tourist spending, occupancy rates
"This resilience is partly due to increased disposable income from EPF Account Three withdrawals, which has helped mitigate some living cost pressures,” said Tan Choon Siang, the chief executive officer of the trust's manager, CapitaLand Malaysia REIT Management Sdn Bhd.
CapitaLand Malaysia Trust's 2Q NPI jumps 15.2% to RM65.47m, announces 1.17 sen DPU
CLMT attributed the improved earnings mainly to contribution from Queensbay Mall, which it acquired in March 2023, and better performances of Gurney Plaza, Sungei Wang Plaza, 3 Damansara and Valdor Logistics Hub.
Two-thirds of Malaysia's old buildings will still be in use until 2050 despite failing current standards
Nippon Paint Malaysia general manager Tay Sze Tuck: “As buildings age, they inevitably experience deterioration, which is made worse by neglect and environmental factors.
Wrong land categorisation by developers one of the factors hampering strata title issuance
“This is why we want to propose that for future developments, certain prerequisites must be fulfilled before planning permission can be granted.
Petronas Twin Towers, KLCC Park win gold again at The Edge Malaysia BMSPA 2024
Ho said the record number of submissions for the awards this year was a heartening sign of growing awareness and commitment to best-in-class and sustainable property management practices.
