Hong Leong to lower BR, BLR by 25 bps
KUALA LUMPUR (July 28): Hong Leong Bank Bhd and Hong Leong Islamic Bank Bhd will join other banks and lower its base rate (BR) and base lending rate (BLR) from tomorrow (July 29), following the reduction in Bank Negara Malaysia's overnight policy rate (OPR) by 25 basis points.
Aspen hopes to ink RM550 mil RTO agreement with Yi-Lai by next week
BUTTERWORTH (July 28): Penang-based property player Aspen Vision Development Sdn Bhd is hoping to ink a share sale agreement for its RM550 million reverse takeover (RTO) of ceramic and homogenous tiles maker Yi-Lai Bhd by next week, which will pave the way for the former to be listed on Bursa Malaysia.
IGB REIT’s organic growth to be backed by two mall assets
IGB Real Estate Investment Trust (July 27, RM1.
WCT expected to eye upcoming Suke, Dash work packages closely
WCT Holdings Bhd (July 27, RM1.
KKB secures RM1 bil worth of deals YTD after latest job win
KKB Engineering Bhd (July 27, RM1.
Mitsubishi Jisho to market its condos in Malaysia
AFTER eight years of selling its condominiums overseas, Japan’s Mitsubishi Jisho Residence Co Ltd is finally bringing its brand of condos to Malaysia.
KKB gains 2.5% after JV with WCT secured Pan Borneo Highway job
KUALA LUMPUR (July 27): Shares in KKB Engineering Bhd surged as much as four sen or 2.
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Property down cycle may last longer than usual, says Kenanga
KUALA LUMPUR (July 27): Kenanga Investment Bank Bhd head of equity research Sarah Lim (pictured) believes the current Malaysian property market down cycle could last longer than usual due to liquidity-driven factors.
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Property market in 2H2016 to remain subdued
PETALING JAYA (July 27): The outlook for the property market in the second half of 2016 (2H2016) is expected to remain subdued, said Valuation and Property Services Department director-general Datuk Faizan Abdul Rahman at the Malaysian Property Summit Mid-Year Review 2016 today.
