WCT names new largest shareholder Desmond Lim as executive chairman
KUALA LUMPUR (Nov 2): Tan Sri Lim Siew Choon, the man behind the Pavilion Group, has been appointed executive chairman of WCT Holdings Bhd with immediate effect.
Pavilion REIT casts an eye over greenfield projects
Pavilion Real Estate Investment Trust (PavREIT) may be looking at buying developmental projects, possibly Pavilion Bukit Jalil and Pavilion Damansara Heights, taking advantage of the new guidelines proposed by the Securities Commission Malaysia (SC), which will allow the participation of REITs in greenfield projects.
Pavilion REIT's 3Q NPI rises 11%, helped by rental income from 2 new malls
KUALA LUMPUR (Oct 27): Pavilion Real Estate Investment Trust (Pavilion REIT) saw a 11% rise in net property income (NPI) to RM80.
Asean REITs shine in the digital economy
SINGAPORE (Sept 6): CIMB Research is maintaining its "overweight" call on Asean REITs which have outperformed year-to-date as investors seek shelter in yield.
Retailers see a pickup in business on Pokémon Go
WHEN KK Group saw sales at many of its 24-hour KK Super Mart convenience stores and KK Kopitiam surge last weekend, it could not immediately put a finger on what was going on.
Sunway REIT among top beneficiaries of Pokémon GO, says UOB Kay Hian
KUALA LUMPUR (Aug 16): As a result of the release of the Pokémon GO in Malaysia, retail real estate investment trusts (REITs) are expected to remain market outperformers, with Sunway REIT seen as providing the best upside, according to UOB Kay Hian research.
Pavilion Elite targets to open in November
KUALA LUMPUR (Aug 5): Pavilion Elite, an extension to Pavilion Mall Kuala Lumpur, is expected to open its doors to shoppers in November.
