News about capital

KUALA LUMPUR (Feb 27): The Securities Commission Malaysia (SC) said it will be announcing more capital market-specific measures to complement the government’s effort to support the Malaysian economy, in addition to those announced in the economic stimulus package today.

KUALA LUMPUR (Feb 25): Affin Hwang Capital Research has downgraded the construction sector to “Underweight” from Overweight amidst the political uncertainties following the resignation of Prime Minister (PM) Tun Dr Mahathir Mohamad (and his re-appointment as interim PM).

KUALA LUMPUR (Feb 22):  The Selangor State Development Corp (PKNS) has denied claims by a local news portal that the proposed Selangor Business Capital project would be developed on a forest reserve at Kuala Langat Utara.

KUALA LUMPUR (Feb 20): Pengurusan Air Selangor Sdn Bhd (Air Selangor) will spend RM30 billion within 30 years under its capital expenditure (CapEx) to implement seven strategic plans and initiatives in managing water.

KUALA LUMPUR (Feb 20): Malaysia’s sharp economic slowdown in the fourth quarter of 2019 (4Q19) will likely continue into 1Q20 amid the COVID-19 outbreak, impacting consumer and business sentiment, according to Affin Hwang Capital Research.

KUALA LUMPUR (Feb 14): The government will likely accelerate the implementation of construction projects in the second half of 2020 (2H20) to support economic growth in view of external headwinds, says Affin Hwang Capital.

KUALA LUMPUR (Feb 12): Tiger Synergy Bhd plans to raise up to RM29.

KUALA LUMPUR (Jan 23): CapitaLand Malaysia Mall Trust (CMMT) is on the hunt for new anchor tenants to inject life into its suburban Klang Valley malls and drive earnings in 2020.

KUALA LUMPUR (Jan 23): TSR Capital Bhd is selling its freehold land in Mutiara Damansara, Petaling Jaya measuring 5,078 sq m for RM48.

KUALA LUMPUR (Jan 23): Sustained growth in Gurney Plaza, Penang, and East Coast Mall in Kuantan have helped CapitaLand Malaysia Mall Trust (CMMT) offset lower contribution from its Klang Valley malls that have been hit by growing competition.