News about Malaysia

KUALA LUMPUR (Oct 4): Investment banks (IB) should not take a short-term view on a property lending guideline, introduced in 1997, as it is still relevant today, said Bank Negara Malaysia.

KUALA LUMPUR (Oct 3): Tropicana Corp Bhd has redesignated its executive director, 27-year-old Dion Tan, the son of founder and largest shareholder Tan Sri Danny Tan Chee Sing who has a 30.

KUALA LUMPUR (Oct 2): Sime Darby Bhd said it has novated its rights and obligations under its Islamic debt papers programmes to its property development arm, Sime Darby Property Bhd.

KUALA LUMPUR (Sept 29): Amcorp Properties Bhd (AmProp) plans to raise up to RM597.

KUALA LUMPUR (Sept 28): SYF Resources Bhd said its fourth quarter net profit fell 43.

KUALA LUMPUR (Sept 28): Damansara Realty Bhd has secured the renewal of five contracts from Telekom Malaysia Bhd for integrated facilities management (IFM) services worth RM5 million.

PETALING JAYA (Sept 27): Eco World Development Group Bhd (EcoWorld) will be unveiling its first business park development in the Klang Valley, Eco Business Park V (EBP V), this Saturday (Sept 30).

KUALA LUMPUR (Sept 26): PRG Holdings Bhd said the Stock Exchange of Hong Kong Limited (HKEX) has given its nod to the group to list its manufacturing business Furniweb Holdings Ltd (Listco) on the latter’s Growth Enterprise Market (GEM).

KUALA LUMPUR (Sept 26): Berjaya Land Bhd (BLand) posted its fourth straight quarter of profit in the first financial quarter ended July 31, 2017 (1QFY18), with a net profit of RM11.

KUALA LUMPUR (Sept 22): Tanco Holdings Bhd has proposed the issuance of free warrants to reward shareholders, on the basis of one warrant for every two existing ordinary Tanco shares held on an entitlement date to be announced later.