News about assets

KUALA LUMPUR (Oct 11):  Sime Darby Bhd’s plans to acquire a majority stake in Singapore-based Saizen Real Estate Investment Trust (REIT) through a reverse takeover is back on track.

KUALA LUMPUR (Oct 4): Sime Darby Bhd's plan to acquire a majority stake in Saizen Real Estate Investment Trust (Saizen REIT) through a reverse takeover (RTO) appears to have fallen through.

KUALA LUMPUR (Sept 7): AmFunds Management Bhd, or more commonly known as AmInvest, has rated Malaysia's real estate investment trust (REIT) as "underweight", despite seeking to double its investment to RM500 million in that asset class by next March.

KUALA LUMPUR (Aug 19): MyHSR Corp Sdn Bhd and Singapore's Land Transport Authority (LTA) will be calling for a joint tender on Monday (Aug 22) to appoint a joint development partner (JDP) to assist in the development of the Kuala Lumpur-Singapore High Speed Rail (HSR) project.

KUALA LUMPUR (July 13): Berjaya Assets Bhd (BAssets)'s unit, Berjaya Waterfront Sdn Bhd, has inked a Memorandum of Understanding (MoU) with Foshan City Bureau of Commerce (FCBC) to establish a strategic collaboration partnership to foster trade and investment activities.

KUALA LUMPUR (July 13): Berjaya Assets Bhd (BAssets) has appointed an exclusive marketing agent for the sale of a piece of freehold land in Imbi.

KUALA LUMPUR (July 11): Tan Sri Vincent Tan Chee Yioun’s Berjaya Assets Bhd is looking at a potential sale of a freehold land in Imbi for some RM130 million.

KUALA LUMPUR (July 1): Yong Tai Bhd has teamed up with PGCG Assets Holdings Sdn Bhd to jointly undertake a mixed development with a gross development value (GDV) of RM510 million in Ijok, Kuala Selangor.

GLOBAL real estate assets under management (AUM) totalled US$2.

KUALA LUMPUR (May 11): Malaysia Building Society Bhd (MBSB)’s net profit for the first quarter ended March 31, 2016 (1QFY16) slumped by 71.