CGS-CIMB: Worst over for CMMT share price but risks remain

KUALA LUMPUR (Jan 25): CGS-CIMB Securities Sdn Bhd said today the worst is likely over for the share price of retail-centric CapitaLand Malaysia Mall Trust (CMMT) in anticipation that the Covid-19 pandemic vaccine rollout in March 2021 will help turn around the country’s retail sector.

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Industrial sector continues to be the bright spot for 2021 - CBRE | WTW

PETALING JAYA (Jan 25): Despite the many challenges faced by the property market in Malaysia arising from factors such as the pandemic and political uncertainty in the nation, the industrial sector will continue to shine in local property market  with regional logistics and warehousing being one of the primary prospects in the long-term, said CBRE I WTW managing director Foo Gee Jen.

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Trump grants pardon to Jho Low's associate Elliot Broidy

KUALA LUMPUR (Jan 21): US President Donald Trump (pictured) has granted a full pardon to Elliot Broidy, who was convicted last year on a conspiracy to lobby on behalf of fugitive businessman Low Taek Jho or Jho Low, as he is better known, who was described by investigators as the mastermind behind the massive financial fraud at 1Malaysia Development Bhd (1MDB).

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