Sunway REIT FY18 core net profit in line on better retail, hotel ops
Sunway Real Estate Investment Trust (Aug 10, RM1.
Axis REIT acquires RM18.5 mil industrial asset in Negeri Sembilan
KUALA LUMPUR (Aug 9): Axis REIT has paid RM18.
No cap on civil servants’ debt service ratio for mortgages — Bank Negara
KUALA LUMPUR: Bank Negara Malaysia (BNM) has highlighted that commercial banks have “considerable flexibility” to decide on mortgage approvals.
Axis REIT buys industrial properties in Iskandar Johor for RM38.7m
KUALA LUMPUR (June 7): Axis REIT Managers Bhd, the manager of Axis Real Estate Investment Trust, is acquiring two freehold industrial properties in Iskandar Malaysia, Johor for RM38.
Ayer Holdings CEO Eugene Khoo resigns
KUALA LUMPUR (May 23): Eugene Khoo Kong Hooi (pictured) has resigned as the chief executive officer (CEO) of property development firm Ayer Holdings Bhd.
GE 14, potential interest rate hike key deterrents to property demand
PETALING JAYA (April 9): Uncertainties in the political landscape and a potential interest rate hike of 25 basis points will be the key deterrents to property demand in Malaysia, according to RHB Research Institute.
MP Corp tumbles on getting winding-up petition from RHB Bank
KUALA LUMPUR (Feb 21): Malaysia Pacific Corp Bhd (MP Corp) shares tumbled 33.
RHB Bank wants to wind up MP Corp
KUALA LUMPUR (Feb 21): Malaysia Pacific Corp Bhd (MP Corp), a Practice Note 17 (PN17) company, has been served with a winding-up petition by RHB Bank Bhd, demanding repayment of debt totalling RM118.
RHB ups interest rates after OPR hike
KUALA LUMPUR (Jan 30): RHB Banking Group announced today it is raising its base rate (BR) and base lending rate (BLR) by 25 basis points (bps), effective Feb 2, in line with the hike in the overnight policy rate (OPR) announced by Bank Negara Malaysia (BNM) last week.
No more land acquisitions for Paramount in the near future
Paramount Corp Bhd (Jan 15, RM1.
