News about Malaysia

KUALA LUMPUR (Nov 22): YTL Hospitality REIT’s net property income (NPI) rose 16.

PETALING JAYA (Nov 22): Malaysia's move to freeze development approvals for shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million each, is “too vague", Malton Bhd said, on not receiving clearer guidelines from the government.

KUALA LUMPUR (Nov 21): Hock Seng Lee Bhd (HSL) has bagged a RM56.

KUALA LUMPUR (Nov 20): UEM Sunrise Bhd, whose third-quarter net profit jumped 2.

KUALA LUMPUR (Nov 20): Sunway Construction Group Bhd (SunCon), the country's largest pure-play construction group, saw its net profit rise 11.

KUALA LUMPUR (Nov 20): The Association of Banks in Malaysia (ABM) has reiterated that its member banks “have been and will continue to” provide home loans to all eligible borrowers, said the association in a statement issued today to rebut claims that commercial banks are imposing strict rules on home loan applicants.

KUALA LUMPUR (Nov 20): IOI Properties Group Bhd’s net profit jumped 28.

KUALA LUMPUR (Nov 20): Sime Darby Bhd will review its investment-grade rating after spinning off its cash-generating plantation and property units, which will be separately listed on Bursa Malaysia on Nov 30.

KUALA LUMPUR (Nov 17): Zecon Bhd's share trade has been suspended from 2:30pm today until Monday (Nov 20) 5pm pending a material announcement, the builder and property developer said in statements on Bursa Malaysia's website today.

KUALA LUMPUR (Nov 16): S P Setia Bhd has fixed the issue prices for its rights shares at RM2.