KIP REIT 4Q net property income rises 13.94%, distributes 2.1 sen per unit
KUALA LUMPUR (July 29): KIP Real Estate Investment Trust (KIP REIT)’s net property income for the fourth quarter ended June 30, 2021 rose 13.
Govt receives first RM1.8b 1MDB payment from AmBank, says MoF
KUALA LUMPUR (July 2): The Ministry of Finance (MoF) said the government had received the first payment from AMMB Holdings Bhd (AmBank) of RM1.
MRMA: Datuk Hisham Othman takes the helm
PETALING JAYA: With the pandemic still raging, the newly-minted chairman of the Malaysian Real Estate Investment Trust (M-REIT) Managers Association (MRMA) Datuk Hisham Othman (pictured) is already hitting the ground running, having taken over the position from immediate past chairman Datuk Jeffrey Ng on June 17.
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.
