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KUALA LUMPUR (Oct 23): With the reopening of most economic activities as Malaysia adopts the living with the virus stance backed by a rapid vaccination programme that has covered close to 95% of the adult population, retail real estate investment trusts (REITs) “may be worth a closer look although much also depends on where their assets are located”, wrote The Edge Malaysia this week.

KUALA LUMPUR (Oct 23): Health Minister Khairy Jamaluddin (pictured) has given a “not so gentle reminder” to his colleagues to mask up during meetings.

KUALA LUMPUR (Oct 22): Integrated industrial space solutions provider AME Elite Consortium Bhd’s wholly-owned subsidiary AME Construction Sdn Bhd has been awarded a RM359 million contract to build a new integrated production facility, logistics warehouse, and office buildings for Ye Chiu Non-Ferrous Metal (M) Sdn Bhd.

KUALA LUMPUR (Oct 22): Gagasan Nadi Cergas Bhd has secured a contract from the Employees Provident Fund’s wholly-owned subsidiary Kwasa Land Sdn Bhd to develop an affordable housing project in Selangor with a gross development value of RM1 billion.

KUALA LUMPUR (Oct 22): The hearing of the government’s forfeiture of US$340 million which allegedly belongs to 1Malaysia Development Bhd (1MDB) from Saudi national Tarek Obaid and others is set to continue in December after UK law firm Clyde & Co LLP, which is named in the suit, declined to respond to and file affidavits on documents it was served.

KUALA LUMPUR (Oct 22): The High Court on Friday (Oct 22) was told that Datuk Seri Najib Razak (pictured) had applied for an amendment to the period of the temporary release of his passport.

KUALA LUMPUR (Oct 22): Asia Pacific real estate investment volumes continued to rebound strongly in the first nine months of 2021, up 30% compared to the same period in 2020.

KUALA LUMPUR (Oct 22): New Covid-19 cases in Malaysia rose to 6,630 on Friday (Oct 22) — up 420 cases from 6,210 reported a day earlier — the second consecutive day the country’s daily infections climbed above the 6,000 mark.

KUALA LUMPUR (Oct 22): CapitaLand Malaysia Trust (CLMT) (formerly known as Capitaland Malaysia Mall Trust) saw its net property income (NPI) for the third quarter ended Sept 30, 2021 (3QFY21) contracted 54.

The Minister of Housing and Local Government Datuk Seri Reezal Merican Naina Merican said in a recent Parliament sitting that there were currently 79 abandoned housing projects involving 17,724 housing units in Peninsular Malaysia, affecting 11,824 buyers.