Datuk Hisham Othman elected as MRMA chairman
KUALA LUMPUR (June 18): The Malaysian REIT Managers Association (MRMA) has named Hektar Asset Management Sdn Bhd CEO Datuk Hisham Othman (pictured) as its chairman in an annual general meeting on June 17.
1MDB asset forfeiture: Lawyer says prosecution fails to prove Rosmah's and daughter's 263 handbags were bought using 1MDB funds
KUALA LUMPUR (May 7): Datin Seri Rosmah Mansor’s (pictured lawyer Iskandar Shah Ibrahim claimed today the prosecution in the 1Malaysia Development Bhd (1MDB) asset forfeiture case has failed to prove the existence of a money trail showing the 263 handbags seized from Rosmah’s residence were purchased using 1MDB funds as the police officers investigating the matter had not shown such information.
Empty new mall in Changi now on sale for RM117m
SINGAPORE (April 9): A long vacant three-storey mall in Changi is now seeking a new owner with a guide price of S$38 million (RM117 million) or S$2,000 psf, reported Channel News Asia (CNA).
Khazanah on the lookout for potential new strategic investments in Malaysia
KUALA LUMPUR (March 4): Khazanah Nasional Bhd is on the lookout for potential new strategic investments in Malaysia, in line with the call from the government to seek more contributions from government-linked companies (GLCs) and government-linked investment companies (GLICs) to grow the economy, particularly in the current climate.
EPF assets hit RM1.02 trillion but 30% may have zero balance in Account 1, 60% for Account 2
KUALA LUMPUR (Feb 27): Despite higher withdrawals amid the pandemic, the “market value” of the Employees Provident Fund (EPF)’s total investment assets hit RM1.
EPF plans to sell assets
KUALA LUMPUR (Feb 6): The Employees Provident Fund (EPF) “has identified at least seven assets” with a total estimated value of RM350 million to RM450 million to be put up for sale, sources told the Edge Malaysia.
Malaysian retail REITs to see light at end of tunnel
KUALA LUMPUR (Aug 12): A gradual recovery is underway in the retail industry, which is signalling Malaysian real estate investment trusts (REITs) in the retail space are set to see light at the end of the tunnel after the pandemic-induced slump.
Tony Pua to propose debate on formation of Special Select Committee to evaluate recovery of 1MDB-related assets
KUALA LUMPUR (Aug 5): Damansara Member of Parliament (MP) Tony Pua Kiam Wee (pictured) will propose a debate on the formation of a Special Select Committee to look into the actions taken by the government to recover cash and assets related to controversy-laden 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd.
MACC asset declaration list: Here's what it shows
KUALA LUMPUR (July 22): Some 57 out of 70 Ministers and Deputy ministers have declared their assets to the Malaysian Anti-Corruption Commission, with the list published by the agency for public viewing earlier today.
MoF: Goldman Sachs reps in Malaysia to discuss 1MDB settlement deal
KUALA LUMPUR (July 20): Senior representatives of Goldman Sachs Group Inc have flown into Malaysia this week to continue its discussions with the Malaysian government on the repatriation of 1Malaysia Development Bhd (1MDB) funds and assets into the country, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
