IGB Corp's 4Q net profit jumps 97% on better unit performances, one-off gain
KUALA LUMPUR (Feb 9): IGB Corp Bhd, which is in the midst of a takeover by its largest shareholder Goldis Bhd, saw its net profit jump 97.
Prasarana, SMRT to form JV firm to operate JB-Singapore rail link
KUALA LUMPUR (Feb 9): Prasarana Malaysia Bhd and Singapore's SMRT Corp Ltd will form a joint venture (JV) company to operate the Johor Bahru-Singapore Rapid Transit System Link (RTS Link).
MBSB completes acquisition of AFB
KUALA LUMPUR (Feb 7): Malaysia Building Society Bhd (MBSB) has completed its acquisition of Asian Finance Bank (AFB) today.
Ayala to explore options to boost MCT's public shareholding spread
KUALA LUMPUR (Feb 7): MCT Bhd said Philippine-listed Ayala Land Inc, its major shareholder via Regent Wise Investments Ltd (RWIL), intends to explore options to boost MCT's public shareholding spread.
Knight Frank Malaysia: Chinese buyers not expected to drive up Malaysian house prices
KUALA LUMPUR (Feb 7): Chinese buyers are not expected to drive up Malaysian house prices as most of them regard their property purchases in the country as long-term investments while the capital controls by the Chinese government will curb their overseas activities, said property consultancy firm Knight Frank Malaysia.
Knight Frank Malaysia: Chinese developers may look at industrial-driven townships going forward
KUALA LUMPUR (Feb 7): With the improving infrastructure in Malaysia and China’s Belt and Road Initiative (BRI), Chinese property developers may explore opportunities in the Malaysian real estate sector, particularly in industrial-driven township developments, said Knight Frank Malaysia.
Eversendai scraps RM75.8m private placement plan
KUALA LUMPUR (Feb 7): Eversendai Corp Bhd said it has scrapped a private placement plan to raise up to RM75.
Standard Chartered M'sia raises base rate by 25bps from Feb 5
KUALA LUMPUR (Feb 6): Standard Chartered Malaysia and its Islamic subsidiary Standard Chartered Saadiq raised their base rate (BR), base lending rate (BLR) and base financing rate (BFR) by 0.
DAP's Pua questions why BNM's RM2b govt land buy not at nominal rate
KUALA LUMPUR (Feb 6): Opposition lawmaker Tony Pua today questioned why Bank Negara Malaysia (BNM) Governor Tan Sri Muhammad Ibrahim did not apply to buy the 55.
PPA1M Bukit Jalil buyers get their keys 17 months early
KUALA LUMPUR (Feb 6): Property developer Aset Kayamas Sdn Bhd has completed its 1Malaysia Civil Servants Housing (PPA1M) project in Bukit Jalil, 17 months ahead of scheduled completion in May 2019.
