Are REITs a good buy now?
KUALA LUMPUR (March 20): The average yield for Malaysian real estate investment trusts (REITs) is now at its highest since 2016, which may prompt investors to wonder if it’s a good time to place their money in REITs.
MRCB sells land to Socso for RM323m, to realise RM30m gain
KUALA LUMPUR (March 19): Malaysian Resources Corp Bhd (MRCB) is selling a 1.
CRO rebuts Malaysian Auctioneers Council claim over e-Lelong
PETALING JAYA (March 19): The Chief Registrar’s Office (CRO) of the Federal Court has repudiated claims by the Malaysian Auctioneers Council president Mustafa Osman that the e-Lelong (e-Auction) system implementation was done without properly consulting the relevant stakeholders, reported Bernama.
CO3 and MIM to develop 200,000 sq ft co-working place in Medini
PETALING JAYA (March 19): Co-working space operator CO3 Social Office Sdn Bhd (CO3) is collaborating with master planner and developer Medini Iskandar Malaysia Sdn Bhd (MIM) to build C03 Campus @ Medini 9, a 200,000 sq ft co-working space in Medini City that can accommodate up to 4,000 members.
PR1MA to launch affordable homes in Sabah with GDV of RM7.5 bil
KUALA LUMPUR (March 16): Perbadanan PR1MA Malaysia (PR1MA) is eyeing to launch affordable homes in Sabah with an estimated gross development value (GDV) of the RM7.
Bina Darulaman forms business continuity management panel following MD's demise
KUALA LUMPUR (March 15): Following the passing of its managing director Datuk Izham Yusoff, Bina Darulaman Bhd has appointed its group financial officer Fakhruzi Ahmad to manage its day-to-day business operations.
JAKS to raise RM69m via placement
KUALA LUMPUR (March 15): JAKS Resources Bhd has proposed a placement to raise RM68.
Retail industry grew 3.1% in 4Q2017, below expectation
KUALA LUMPUR (March 14): The Malaysia retail industry reported a modest growth rate of 3.
Lafarge Malaysia appoints new president and CEO
PETALING JAYA (March 12): Mario Gross has been appointed the new president and CEO of Lafarge Malaysia Bhd effective April 1, it announced in a press statement today.
New office space in Greater KL to be absorbed in seven years, says consultant
KUALA LUMPUR (March 9): New office space in Greater Kuala Lumpur coming up over the next four years will take seven years to be absorbed, chairman of property consultancy Savills Malaysia Sdn Bhd Christopher Boyd told The Malaysian Insight today The increase of 21 million sq ft will take seven years to be occupied at “an optimistic calculation of 2.
