IGB REIT posts marginally stronger 1Q NPI, declares 2.4 sen DPU
KUALA LUMPUR (April 25): IGB Real Estate Investment Trust (IGB REIT), which owns Mid Valley Megamall and Gardens Mall here, posted a marginal 0.
MBSB launches deposit campaign to draw new customers
KUALA LUMPUR (April 24): Malaysia Building Society Bhd (MBSB) has launched a deposit campaign with total cash prizes of almost RM2 million in a bid to attract new customers.
Salcon bags RM39.8m Langat 2 pipe installation package
KUALA LUMPUR (April 24): Salcon Bhd’s wholly-owned unit Salcon Engineering Bhd has secured a RM39.
Sinotop's major shareholder to inject construction firm for RM96m
KUALA LUMPUR (April 24): Sinotop Holdings Bhd's major shareholder Datuk Justin Soo Sze Ching plans to inject his construction company into the group in line with its strategic plan to expand and strengthen its infrastructure construction business to further enhance the group’s earnings.
Don't put cap on short-term rentals, says Airbnb
KUALA LUMPUR (April 24): Airbnb today said any cap on short-term rentals would be the equivalent of putting a cap on Malaysian tourism.
FT minister defends revised TRK development after Hannah’s criticism
KUALA LUMPUR (April 24): Federal Territories Minister Khalid Abdul Samad yesterday “defended” the proposed “scaled down” Taman Rimba Kiara development after criticism from Segambut lawmaker Hannah Yeoh, reported Free Malaysia Today (FMT).
Plenitude unit to invest RM83.3 mil in South Korean hotel
KUALA LUMPUR (April 24): Property developer Plenitude Bhd is investing in a hotel in South Korea for RM83.
S P Setia and Maybank extend rent-to-own scheme to newly-launched homes
SETIA ALAM (April 24): S P Setia Bhd and Maybank are partnering for the second year to offer Setia FlexKey, an enhanced HouzKEY financing scheme by Maybank.
FGV, Tabung Haji mull up to US$1b Indonesia sale
KUALA LUMPUR (April 24): FGV Holdings Bhd, the world’s third largest oil palm estate operator, and pilgrims fund Lembaga Tabung Haji are considering selling their plantation assets in Indonesia, in a bid to improve their financial positions, according to Bloomberg.
MRL rubbishes claims that CCCC can claim assets, minerals under ECRL project
KUALA LUMPUR (April 24): The project and asset owner of the East Coast Rail Link (ECRL) project, Malaysian Rail Link Sdn Bhd (MRL), has dismissed allegations that China Communications Construction Company Ltd (CCCC) will be able to state their claim on assets, minerals or objects of interest during the construction of the 640km railway.
