Matrix Concepts signs RM250 mil sukuk programme

KUALA LUMPUR (May 25): Matrix Concepts Holdings Bhd (MCHB) has signed an agreement for the issuance of Islamic commercial papers (ICP programme) and Islamic medium term notes (IMTN programme) with a combined limit of up to RM250 million.

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E&O finds partner to kick-start STP Phase 2A — sources

KUALA LUMPUR (March 30): Eastern & Oriental Bhd (E&O), which share price surged to a two-year high yesterday, is believed to have found a strategic investor who will pump in fresh capital to kick-start its second massive land reclamation project Phase 2A of the Seri Tanjung Pinang (STP) development.

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‘Extend step-up financing to non-PR1MA projects too’

KUALA LUMPUR (March 1): The Real Estate and Housing Developers’ Association Malaysia (Rehda) would like to see special end-financing schemes, such as the Skim Pembiayaan Fleksibel (SPEF) that was created exclusively for Perbadanan PR1MA Malaysia homes, applied to private developments as well.

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‘PR1MA scheme has minimal impact on banks’

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.

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Felda to sell off overseas assets

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.

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