Banking sector Maintain neutral: On Tuesday, Perumahan Rakyat 1Malaysia (PR1MA) announced that the Special PR1MA End-Financing Scheme for first-time house buyers announced in Budget 2017 will benefit at least 15,000 buyers.
KUALA LUMPUR (Jan 18): Confirming that it is paring down its stake in Malayan Banking Bhd (Maybank) to raise money, cash-strapped Federal Land Development Authority (Felda) disclosed yesterday that it also wants to dispose of some of its overseas assets.
SINGAPORE (Dec 6): Maybank Kim Eng is maintaining a “neutral” stance on Singapore’s property sector while positioning defensively at the lower end of the risk spectrum, expressing a preference for exposure to stable platforms over trading portfolios.
KUALA LUMPUR (Dec 1): YTL Hospitality Real Estate Investment Trust (YTL REIT) has fixed the issue price for 380 million placement units at RM1.
KUALA LUMPUR (Oct 24): The “step-up” end-financing scheme for the 1Malaysia People’s Housing (PR1MA) programme announced by the government in Budget 2017 is expected to have only minimal impact on the four banks involved, said analysts.
KUALA LUMPUR (Oct 21): Prime Minister Datuk Seri Najib Razak has proposed a new special “step-up” end financing scheme for the Perumahan Rakyat 1Malaysia (PR1MA) programme when announcing Budget 2017 today.
SINGAPORE (Oct 5): Still-buoyant sentiment in the mass market could allow Singapore’s property developers to raise prices, but might trigger further policy tightening on top of the property cooling measures in place, says Maybank Kim Eng.
PETALING JAYA (July 14): Maybank’s base rate (BR) and base lending rate (BLR) will be reduced by 20 basis points to 3% per annum and 6.
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has jointly led a consortium of lenders to provide the first syndicated syariah-compliant construction financing in New York, the US, totalling US$219 million (RM895.
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