BNM declines to comment on market talk of governor's resignation
KUALA LUMPUR (June 5): Bank Negara Malaysia (BNM) declined to comment on strong market talk that governor Tan Sri Muhammad Ibrahim (pictured) has submitted his resignation.
Revised guidelines on listed REITs seen positive for growth
Real estate investment trust sector Maintain neutral: The Securities Commission Malaysia (SC) has implemented the new revised guidelines on listed real estate investment trusts (REITs) effective on April 9, 2018.
Yong Tai to raise up to RM1b via sukuk
KUALA LUMPUR (April 11): Yong Tai Bhd has established a sukuk or Islamic Medium Term Note Programme of RM1 billion in nominal value to finance its investment activities, capital expenditure and working capital requirements.
SC charges duo for insider trading involving Johor Land shares in 2009
KUALA LUMPUR (Feb 22): Securities Commission Malaysia (pictured) today charged two individuals at the Kuala Lumpur Sessions Court for insider trading involving the shares of Johor Land Bhd (JLand) in 2009.
WCT co-founder fined RM3.7m for insider trading
KUALA LUMPUR (Jan 25): The High Court has ordered the founder and director of WCT Bhd (now known as WCT Holdings Bhd), Chan Soon Huat, to pay a RM3.
Mofaz seeks to list construction unit in 3 years
KUALA LUMPUR (Jan 15): The Mofaz group of companies has set out towards what would be its maiden listing in at least three years’ time via its property and construction business after acquiring a majority stake in a Chinese family-owned contractor.
IOI Properties unit issues first sukuk tranche totalling RM100m
KUALA LUMPUR (Dec 21): IOI Properties Group Bhd's wholly-owned subsidiary Fortune Premiere Sdn Bhd (FPSB) has issued RM100 million sukuk to refinance its debt, fund its capital expenditure and for working capital.
LBS Bina sets up RM500m sukuk programme
KUALA LUMPUR (Dec 15): LBS Bina Group Bhd will set up a RM500 million Sukuk Murabahah programme to finance future acquisitions and development cost of the projects undertaken by the group, to repay borrowings, as well as for working capital.
More build-to-suit projects to come — Axis REIT
KUALA LUMPUR (Dec 4): Taking on its first build-to-suit project last year after obtaining a waiver from the Securities Commission Malaysia to undertake property development activities has whet Axis Real Estate Investment Trust’s (Axis REIT) appetite for more.
Sime Darby pure plays get SC nod for syariah-compliant securities
KUALA LUMPUR (Oct 5): Sime Darby Bhd’s plantation and property arms have received the Securities Commission Malaysia's (SC) approval for the classification of their shares as syariah-compliant securities.
