Economic Report 2021/2022: RM18.2b of 1MDB-linked assets seized, recovered
KUALA LUMPUR (Oct 29): A total of RM18.
Hatten Land unit to develop token system in Melaka to create digital assets
KUALA LUMPUR (Oct 7): Singapore Exchange (SGX) Catalist-listed Hatten Land’s subsidiary Hatten Technology (S) Pte Ltd has inked a deal with Prakal Pte Ltd (also known as Enjinstarter) to develop a token system and create digital assets to promote the digital economy in Melaka.
Sime Darby Property and LOGOS SE Asia establish fund management platform to develop industrial and logistics assets
PETALING JAYA (Sept 29): Sime Darby Property (SD Property) and Asia Pacific logistics specialist LOGOS Property Group Ltd have formed a joint venture company to establish a fund management platform to invest and develop “built-to-suit to lease or sell” industrial and logistic assets in Malaysia.
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.
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.
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.
