REITs’ target prices revised downwards on higher MGS yield
Real Estate Investment Trusts Maintain neutral call: Malaysian government securities (MGS) yield spiked in November to above 4.
MBSB CEO keeps mum about MBSB-AFB merger
KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) president and chief executive officer (CEO) Datuk Ahmad Zaini Othman (pictured) kept mum about questions yesterday about the potential merger and acquisition (M&A) of MBSB with Asian Finance Bank (AFB), saying only it is now a shareholder matter.
George Kent 3Q net profit almost doubles to RM23.74 mil
KUALA LUMPUR (Dec 6): George Kent (M) Bhd’s net profit jumped 96.
The terminators
IN Malaysia, property damage caused by termites is actually much more common compared to fire and flood, according to Rentokil Initial Malaysia managing director Carol Lam and technical director Juliana Soo.
Building management key to value appreciation
PETALING JAYA (Dec 2): Maintaining a property is part and parcel of the investment required for the preservation and potential appreciation of the property, said Nippon Paint Group Malaysia managing director Yaw Seng Heng.
UPDATE Pedestrian link collapse: Search and rescue ends with one unaccounted for
KUALA LUMPUR (Nov 30): Developer S P Setia Bhd has expressed its deepest regret on the pedestrian link bridge collapse tragedy which killed one worker, injured five others while another remains unaccounted for.
AZRB's 3Q net profit jumps 93% on higher construction jobs progress
KUALA LUMPUR (Nov 29): Ahmad Zaki Resources Bhd (AZRB) saw its net profit jump 93% to RM8.
IJM Corp 2Q net profit up 4.8%, pays three sen dividend
KUALA LUMPUR (Nov 29): IJM Corp Bhd’s net profit rose 4.
Mosquitoes — the number one killer
IT is common knowledge that Southeast Asians are highly tolerable to pests such as cockroaches, ants and other creepy crawlies.
