News about US

KUALA LUMPUR (March 22): Bina Puri Holdings Bhd and Titijaya Land Bhd have entered into a new joint venture to develop a residential and commercial project on an 11.

KUALA LUMPUR (March 21): The government has plans to redevelop old houses “for the comfort and benefit of the people in the country”, minister of Urban Wellbeing, Housing and Local Government Ministry (KPKT) Tan Sri Noh Omar (pictured) said yesterday.

KUALA LUMPUR (March 21): Share prices of Malaysian Real Estate Investment Trusts (REITs) fell this morning amid a positive market breadth, as cautious investors trimmed positions in a rising interest rate environment.

KUALA LUMPUR (March 20): Luster Industries Bhd has proposed to undertake the diversification of its business to include property development and construction.

CapitaLand Malaysia Mall Trust (March 19, 99 sen) Maintain outperform with a lower target price (TP) of RM1.

Real estate investment trust sector Maintain neutral: We are mildly positive on the revised Guidelines on Real Estate Investment Trusts (REITs) which allow property development for Malaysian REITs (M-REITs), among other changes/additions.

KUALA LUMPUR (March 20): The average yield for Malaysian real estate investment trusts (REITs) is now at its highest since 2016, which may prompt investors to wonder if it’s a good time to place their money in REITs.

SERDANG (March 19): Bagan Datuk in Perak is set for transformation with a sizeable development allocation of RM2.

KUALA LUMPUR (March 15): Following the passing of its managing director Datuk Izham Yusoff, Bina Darulaman Bhd has appointed its group financial officer Fakhruzi Ahmad to manage its day-to-day business operations.

KUALA LUMPUR (March 14): The Malaysia retail industry reported a modest growth rate of 3.