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KUALA LUMPUR (April 22): Hong Leong Investment Bank (HLIB) has decided to downgrade Malaysia’s real estate investment trust (REIT) sector from “overweight” to “neutral”, citing narrow yield spreads against other asset classes and rising competition from high-dividend alternatives.

PETALING JAYA (April 22): Sime Darby Property Bhd (SimeProp) is seeking to establish a long-term incentive plan (LTIP) for its executive director and key senior management staff, with the total shares made available under the plan capped at 5% of its total issued shares at any one time during the plan's 10-year duration.

Park Regent, Kuala Lumpur condo unit sold for RM2.

PETALING JAYA (April 21): Malaysian Resources Corp Bhd (MRCB) recorded a group revenue of RM1.

PETALING JAYA (April 21): After years of delays, false starts and construction hold-ups, Malayan Banking Bhd (Maybank) has put a firm date on one of the most consequential office relocations in Malaysian corporate history.

KUALA LUMPUR (April 21): Malaysian Resources Corp Bhd (MRCB) completed its proposed acquisition of 80% equity interest in Bukit Jalil Sentral Property Sdn Bhd (BJSP), with the balance of the purchase consideration fully paid to the vendor on Monday (April 20).

KUALA LUMPUR (April 20): Sarawak Consolidated Industries Bhd (KL:SCIB) group managing director and CEO Ku Chong Hong (pictured) has emerged as a substantial shareholder of property developer Axteria Group Bhd (KL:AXTERIA) with an indirect 27.

KUALA LUMPUR (April 20): UOB Malaysia on Monday rolled out new investment and talent development initiatives to support the Johor-Singapore Special Economic Zone (JS-SEZ).

This article appeared in the April 9, 2026 issue of the monthly print edition.

IPOH (April 20): Issues regarding electric vehicle (EV) manufacturer BYD’s large investment in Perak will be discussed with Prime Minister Datuk Seri Anwar Ibrahim to achieve the best possible outcome, said Housing and Local Government Minister Nga Kor Ming (pictured).