Farlim Group proposes 1-for-5 bonus issue
KUALA LUMPUR (March 30): Farlim Group Bhd has proposed a 1-for-5 bonus issue involving up to 28.
Berjaya Assets proposes bonus warrants
KUALA LUMPUR (March 30): Berjaya Assets Bhd (BAssets) has proposed a bonus issue of 1.
EWI expects ‘maiden’ profit in FY18, raises sales target to RM3b
KUALA LUMPUR (March 30): Eco World International Bhd (EWI), which is 27%-owned by Eco World Development Group Bhd, has raised its sales target for its financial year ending Oct 31, 2018 (FY18), to RM3 billion from RM2 billion previously, based on plans for its existing projects and additional sales it intends to achieve from its new Be Living sites.
Firefighters battle blaze near Penang airport for over four hours
PETALING JAYA (March 30): After over four hours, firefighters had managed to extinguish a fire that broke out at four warehouses near the air cargo complex of the Penang International Airport at Batu Maung, Penang, last night.
YTL REIT seen to deliver EPU growth
YTL Hospitality Real Estate Investment Trust (March 28, RM1.
Titijaya buys firm that owns Ampang land, plans RM1.5b mixed project
KUALA LUMPUR (March 28): Titijaya Land Bhd is buying shares of a loss-making privately-owned property company that owns a 27,550 sq m piece of land in Ampang here, for RM9.
Rejection rate of housing loan applications drops below average, says Bank Negara
PETALING JAYA (March 28): The rejection rate of housing applications has declined to below the average rate of about a quarter of all cases, said Bank Negara Malaysia (BNM) in its “Financial Stability and Payment Systems Report 2017”.
Investments into the retail sector to continue in 2018
PETALING JAYA (March 28): A Knight Frank Malaysia survey showed that the retail sector is still the top commercial real estate investment this year among key players in the industry despite an oversupply of retail space in the country.
Housing loans make up half of household debt, reflects affordability issues
PETALING JAYA (March 28): Loans for the purchase of residential properties remain the largest component of household debt, representing 52% of total household loans, according to Bank Negara Malaysia’s (BNM) “Financial Stability and Payment Systems Report 2017” released today.
Works Ministry to get local authorities to make IBS mandatory
KUALA LUMPUR (March 27): The Ministry of Works said it wants to get local authorities around Malaysia to impose a mandatory ruling for new developments to comply with the requirements for industrialised building system (IBS).
