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News about US

Hektar REIT renewed 25% of leases by NLA expiring in 2023

Apr 07

Going forward, Hektar REIT executive director and chief executive officer Johari Shukri Jamil shared that there are 94 tenants covering 528,121 sq ft of space that is set to expire in 2024, followed by 58 tenants with 187,202 sq ft expiring in 2025.

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KLCCP Stapled Group expects ‘better’ financials in 2023 despite rising costs pressure

Apr 06

The group recorded a net profit of RM782.

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MBSB first to announce Account 2 Support Facility for eligible EPF members

Apr 06

MBSB, in a statement on Thursday (April 6), said its shariah-compliant facility Ihsan-i will be offered to EPF members who are between 40 and 55 years of age, with a minimum of RM3,000 in their Account 2 and EPF i-Account holders, beginning April 7, 2023.

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CGS-CIMB projects electricity tariff hike for domestic users in 2H2023

Apr 06

“Malaysian consumers enjoy the lowest domestic electricity tariffs in Asean, not purely because of efficiency, in our view, but through artificial means of subsidy and price controls.

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South Malaysia Industries lodges complaint with SC on alleged CMSA breach

Apr 04

SMI on Feb 17 announced to Bursa Malaysia that Prolexus Bhd — through Honsin and Hi-Q — had emerged as a substantial shareholder with a 10.

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The Curve recovers with 92% occupancy rate in 2022, average one million monthly footfall in early 2023

Apr 04

Boustead Properties senior general manager of property management and investment Jazmi Kamarudin said the improved tenant mix at the Curve has driven its average monthly mall footfall to 900,000 in 2022.

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Knusford sells commercial plot in Semenyih for RM12m

Mar 31

The disposal, involving a 4,065 sq m commercial plot with a single-storey building erected thereon, is expected to generate a gain of about RM8.

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Banks to use standardised key provisions for housing loan agreements regardless of loan amount — ABM

Mar 30

ABM said it first introduced in 2013 the standardised template for description of key terms and conditions in respect of housing loan or home financing agreements for individuals involving a principal sum of RM500,000 and below.

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BNM: Household debt continued to be driven by residential loans, debt servicing capability remained sound in 2022

Mar 29

A quarter of household borrowers had DSRs exceeding 60%, and they accounted for 33.

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BNM standardises housing loan and home financing agreement for retail borrowers, says AIBIM

Mar 29

According to AIBIM, financial institutions are required to stop imposing fees on housing loan and home financing documents to lawyers from Feb 1 this year as part of the standardisation exercise.

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