News about asset

KUALA LUMPUR (September 12): Singapore-listed ARA Asset Management Ltd would consider acquiring retail, commercial and logistics properties in Malaysia, its chief executive officer for Malaysia Thomas Kong said, adding that these properties would have the potential to generate attractive and stable returns within a three- to five-year time frame.

KUALA LUMPUR (Sept 6): MyHSR Corp Sdn Bhd, together with its Singapore counterpart (SG HSR), will be calling off the ongoing international joint tender for the assets company (AssetsCo), following the deferment of the project.

KUALA LUMPUR (Sept 4): AsiaMalls Sdn Bhd may be concluding the sale of Setapak Central Mall (pictured) with global Singapore-based integrated real estate fund manager ARA Asset Management Ltd, said a report by The Star.

KUALA LUMPUR (June 28): The workers’ union of Keretapi Tanah Melayu Bhd (KTMB) has urged Transport Minister Anthony Loke Siew Fook to restructure Railway Assets Corp (RAC) and place it under KTMB so the latter can be a more multifaceted business organisation.

KLCC Stapled Group (June 26, RM7.

KAJANG (June 25): The Ministry of Transport (MoT) is aiming to provide free parking at Keretapi Tanah Melayu (KTM) stations to encourage more usage of the public transportation.

KAJANG (June 25): The Ministry of Transport (MoT) is planning to develop affordable housing projects on Railway Assets Corp's (RAC) 9,192 acres of land to generate better returns for the company.

KUALA LUMPUR (June 20): PRG Holdings Bhd is in talks with the relevant parties to extend the deadline for the proposed purchase of healthcare services provider Roopi Medical Centre Sdn Bhd for RM7.

KUALA LUMPUR (June 9): UOA Real Estate Investment Trust (UOA REIT) is disposing of Wisma UOA Pantai at Off Jalan Pantai Baru here to CIMB Bank Bhd for RM120 million cash.

KUALA LUMPUR (May 22): UOA Real Estate Investment Trust reported a net rental income of RM14.