News about capital

KUALA LUMPUR (Feb 4): The construction sector is expected to post an earnings recovery in 2021 following the government’s plans to pump-prime the economy, opined Affin Hwang Capital Research senior associate director Loong Chee Wei.

KUALA LUMPUR (Feb 4): The government is likely to look into the possible reimplementation of the goods and services tax (GST), but the implementation of the tax would likely be in 2022 and into 2023.

KUALA LUMPUR (Feb 4): Malaysia's gross domestic product (GDP) growth is expected to hover around 5% in 2021 due to the second Movement Control Order (MCO 2.

KUALA LUMPUR (Jan 25): CGS-CIMB Securities Sdn Bhd said today the worst is likely over for the share price of retail-centric CapitaLand Malaysia Mall Trust (CMMT) in anticipation that the Covid-19 pandemic vaccine rollout in March 2021 will help turn around the country’s retail sector.

KUALA LUMPUR (Dec 31): Loss-making Top Builders Capital Bhd (formerly known as Ikhmas Jaya Group Bhd) has obtained court orders to restrain its creditors from taking action against the group and its assets, as well as to summon them to attend meetings for the purpose of discussing restructuring arrangements.

KUALA LUMPUR (Dec 5): Hypermarket operator TF Value-Mart (TF) may have recently changed owners, but they are keeping to its successful and simple formula of focusing on second-tier cities and remaining asset-light, The Edge Malaysia reports.

KUALA LUMPUR (Nov 23): TA Enterprise Bhd’s (TAE) substantial shareholder and co-founder Datuk Tony Tiah’s takeover offer to acquire a 39.

KUALA LUMPUR (Oct 29): CapitaLand Malaysia Mall Trust's (CMMT) net property income (NPI) fell 17.

KUALA LUMPUR (Oct 23): RHB Bank Bhd saw one of its employees working on Level 13 of Menara Capital Square test positive for Covid-19 today.

Penang-based property developer Aspen (Group) Holdings Limited (Aspen Group) has announced the company’s latest venture into the rubber glove manufacturing business in August this year, as a move to diversify from its property development business.