Felda to sell off overseas assets
KUALA LUMPUR (Jan 18): Confirming that it is paring down its stake in Malayan Banking Bhd (Maybank) to raise money, cash-strapped Federal Land Development Authority (Felda) disclosed yesterday that it also wants to dispose of some of its overseas assets.
Jaks’ near-term earnings to be underpinned by Vietnam job
Jaks Resources Bhd (Jan 10, RM1.
Looking ahead into a lacklustre property sector
Property sector Maintain neutral: The House Price Index (HPI) grew by 5.
‘Property outlook to remain subdued as lending stays tight’
KUALA LUMPUR (Dec 29): Property developers are expected to register another year of slow performance in 2017 amid a lack of catalysts for the segment, as cooling measures introduced by the central bank to rein in speculation continue to be the main hurdle for property companies.
MBSB active, up 2.78% on getting go ahead for M&A talk with AFB
KUALA LUMPUR (Dec 22): Malaysia Building Society Bhd (MBSB) rose 2.
Bank Negara okays MBSB's merger talks with AFB
KUALA LUMPUR (Dec 21): Bank Negara Malaysia (BNM) has no objection in principle to Malaysia Building Society Bhd's (MBSB) commencing talks with Asian Finance Bank (AFB) on a potential merger and acquisition (M&A) deal.
JLL Malaysia: KWAP buys KL’s Menara AIA Cap Square
PETALING JAYA (Dec 16): Malaysia’s second largest pension fund Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has bought Kuala Lumpur’s Menara AIA Cap Square from Germany’s Union Investment Real Estate GmbH (UIRE).
Battle of Singapore property plays in a risk-averse environment
SINGAPORE (Dec 6): Maybank Kim Eng is maintaining a “neutral” stance on Singapore’s property sector while positioning defensively at the lower end of the risk spectrum, expressing a preference for exposure to stable platforms over trading portfolios.
MBSB CEO keeps mum about MBSB-AFB merger
KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) president and chief executive officer (CEO) Datuk Ahmad Zaini Othman (pictured) kept mum about questions yesterday about the potential merger and acquisition (M&A) of MBSB with Asian Finance Bank (AFB), saying only it is now a shareholder matter.
