Berjaya Assets proposes bonus warrants
KUALA LUMPUR (March 30): Berjaya Assets Bhd (BAssets) has proposed a bonus issue of 1.
Higher expenses push Berjaya Assets into losses in 2Q
KUALA LUMPUR (Feb 28): Berjaya Assets Bhd slipped into the red in its second quarter ended Dec 31, 2017 (2QFY18), mainly due to higher operating expenses incurred by the property development and property investment business segment.
Alrajhi family buys Wisma Mont Kiara for RM122m
PETALING JAYA (Feb 3): Saudi Arabia’s Alrajhi family has acquired the 16-storey Wisma Mont Kiara office building that is part of a larger integrated mixed-use development in the posh high-rise enclave for an estimated RM122 million from Singapore-based ARA Asset Management Ltd, reported The Edge weekly.
UOA REIT 4Q rental income falls 40% to RM8.98m
KUALA LUMPUR (Jan 25): UOA Real Estate Investment Trust's net rental income for the fourth quarter ended Dec 31, 2017 (4QFY17) fell 39.
Malaysia, Singapore say every AssetsCo bid for HSR project will be assessed on own merits
KUALA LUMPUR (Jan 23): Malaysia's MyHSR Corp Sdn Bhd and Singapore's SG HSR Pte Ltd, who jointly held a briefing on the assets company (AssetsCo) tender for the Kuala Lumpur-Singapore High Speed Rail project (KL-Singapore HSR) today, assured every bid will be assessed on its own merits.
BAssets ups stake in 7-Eleven Malaysia to 4.63%
KUALA LUMPUR (Jan 11): Berjaya Assets Bhd (BAssets) has increased its stake in 7-Eleven Malaysia Holdings Bhd to 4.
AMMB ends JV with ARA Asset, inks deal with Amcorp Prop to manage REIT
KUALA LUMPUR (Jan 5): AMMB Holdings Bhd is terminating its joint venture with Singapore-based ARA Asset Management (Malaysia) Ltd, and is instead signing a new agreement with Amcorp Properties Bhd to manage its real estate investment trust.
AssetsCo tender called for KL-Singapore HSR project
KUALA LUMPUR (Dec 20): SG HSR and MyHSR Corp of Malaysia have called a joint tender for a private-financed assets company (AssetsCo) to work on the Kuala Lumpur-Singapore High Speed Rail (HSR) mega project, The Edge Singapore’s website reported today.
Klang Valley retail occupancy rate at 5-year low
KUALA LUMPUR (Dec 6): The average occupancy rate of retail space in the Klang Valley, which has been falling marginally over the last six years, is now hovering at a five-year low of 86%, said real estate services firm Nawawi Tie Leung Sdn Bhd (NTL).
UOA Development ups stake in property developer firm for RM159.5m
KUALA LUMPUR (Dec 5): UOA Development Bhd is buying a further 35% stake in Everise Project Sdn Bhd from Kaginic Assets Holdings Sdn Bhd for RM159.
