Ex-CEO Azhar returns to MRT Corp as chairman
KUALA LUMPUR (May 27): Mass Rapid Transportation Corp Sdn Bhd (MRT Corp) has appointed its former CEO, Datuk Wira Azhar Abdul Hamid, as its new chairman effective May 11.
Passengers injured on LRT Kelana Jaya line
KUALA LUMPUR (May 24): An unknown number of passengers on the LRT Kelana Jaya line were injured in an “incident” involving two trains.
MyEG signs MoU to bring in Covid-19 breath test system to Malaysia
KUALA LUMPUR (May 24): My EG Services Bhd (MyEG) has inked a memorandum of understanding (MoU) to bring in a Covid-19 rapid breath test system to Malaysia.
UOA REIT 1Q net rental income up 60% to RM23m on higher gross rental
KUALA LUMPUR (May 20): UOA Real Estate Investment Trust's (UOA REIT) net rental income for the first quarter ended March 31, 2021 (1QFY21) surged 60% to RM22.
Careplus buys Seremban property for RM35.5m from Rapid Synergy
KUALA LUMPUR (May 11): Careplus Group Bhd said it is acquiring a piece of land in Oakland Industrial Park, Seremban for RM35.
Azman Hashim to take Amcorp Properties private at 90 sen per share
KUALA LUMPUR (May 7): Major shareholders of Amcorp Properties Bhd (Amprop) have proposed to take the company private via selective capital reduction (SCR) and repayment exercise of 90 sen per share.
Global real estate investor confidence growing in Asia Pacific region – JLL
PETALING JAYA (April 23): Investors’ confidence in the Asia Pacific region real estate market is gaining traction with anticipation of increased market stability, said a Jones Lang LaSalle (JLL) Capital Tracker report.
Analysts cut CapitaLand Malaysia Mall Trust earnings forecasts after it achieved lower-than-expected income
KUALA LUMPUR (April 19): Analysts revised down CapitaLand Malaysia Mall Trust’s earnings after its net income for the first quarted ended March 31, 2021 (1QFY21) came in below expectations.
Capitaland Trust's 1Q net property income shrinks on lower revenue
KUALA LUMPUR (April 16): Capitaland Malaysia Mall Trust (CMMT) saw its net property income (NPI) for the first quarter ended March 31, 2021 (1QFY21) drop 26.
A snapshot of the Malaysian housing situation
The National Property Information Centre (Napic) has unveiled the Annual Market Report 2020 on April 5, 2021.
