Commercial property segment to offer bargains in 2017

PETALING JAYA (Dec 30): Transactions in commercial and investment properties are anticipated to be priced 10% to 20% below their perceived market value in 2017, said Knight Frank Malaysia managing director Sarkunan Subramaniam in a press release on Knight Frank’s real estate round-up of 2016 and outlook for 2017, today.

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Bank Negara okays MBSB's merger talks with AFB

KUALA LUMPUR (Dec 21): Bank Negara Malaysia (BNM) has no objection in principle to Malaysia Building Society Bhd's (MBSB) commencing talks with Asian Finance Bank (AFB) on a potential merger and acquisition (M&A) deal.

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MBSB CEO keeps mum about MBSB-AFB merger

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) president and chief executive officer (CEO) Datuk Ahmad Zaini Othman (pictured) kept mum about questions yesterday about the potential merger and acquisition (M&A) of MBSB with Asian Finance Bank (AFB), saying only it is now a shareholder matter.

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