News about Malaysia

According to the trust, the proposed divestments are in line with the manager’s strategy to “rejuvenate” its portfolio through selective divestments SINGAPORE (Sept 10): Mapletree Logistics Trust (MLT) has proposed to divest three of its properties in Malaysia for RM157.

The tenders in question that were issued by PPJ, an agency under the Ministry of Federal Territories, include two from 2018, three from 2019, and one from 2021.

“Urban regeneration is a process that takes time and involves multiple stakeholders coming together.

DONE DEAL: Bungalow, Taman Pantai, Bangsar, Kuala Lumpur DONE DEAL: Terrace house, Sierramas West, Selangor Desa ParkCity remains highly exclusive and desirable, with 68% of households falling into the T-20 income range, and average transacted prices for landed residential properties never dipping once in the past five years.

MBAM president Oliver Wee Hiang Chyn: “The construction industry is in for a bumpy ride if we still refuse to embrace the disruption of technology and advocate for [sustainability].

However, the offerors led by Leong intend to maintain the listing status of SMI on the Main Market of Bursa Malaysia.

Speaking at the launch of JLL Malaysia’s 2Q2024 Greater Kuala Lumpur (KL) Property Market Monitor on Wednesday, JLL Malaysia managing director Jamie Tan said that the upward price trend for both primary and secondary markets is due to inflation, as well as the rising of construction cost and building material prices.

Technology stocks on Bursa Malaysia have plummeted since Friday amid concerns over disappointing earnings of their global counterparts and design troubles of chips powering artificial intelligence.

Bursa Malaysia chairman Tan Sri Abdul Wahid Omar said the front office includes the stock exchange operator's marketing segment which will provide visibility and branding for Bursa Malaysia at TRX.

In February this year, CLMT acquired three prime freehold ready-built factories in Nusajaya Tech Park in Iskandar Malaysia from Nusajaya Tech Park Sdn Bhd for a total RM27 million, marking the trust's entry into the industrial market, as it diversified its geographical footprint to Johor.