News about capital

KUALA LUMPUR (Dec 22): PRG Holdings Bhd has agreed to subscribe for shares in Singapore-listed Capital World Ltd, which is primarily involved in property development in Malaysia.

KUALA LUMPUR (Dec 21): WCT Holdings Bhd and TSR Capital Bhd's units have both jointly accepted a contract award worth RM676.

PETALING JAYA (Dec 11): Encorp Bhd’s plans to jointly develop its Bukit Katil land in Melaka with Sinmah Capital Bhd fallen through, said reports yesterday.

KUALA LUMPUR (Nov 8): Former finance minister Tun Daim Zainuddin (pictured) said today that capital controls may not work for Malaysia now as market conditions have changed, compared with the 1997-1998 Asian financial crisis.

KUALA LUMPUR (Oct 29): Last week saw a flux of quarterly earnings released by local real estate investment trusts (REITs) with most reporting a growth in their net property income (NPI), sparking optimism for a recovery in the sector that has long been plagued by concerns over oversupply, weak demand and the like.

KUALA LUMPUR (Oct 25): Hua Yang Bhd has registered a 161% jump in net profit to RM1.

KUALA LUMPUR (Oct 25): Asset enhancement works at Sungei Wang Plaza weighed on the net property income of CapitaLand Malaysia Mall Trust (CMMT) as income fell nearly 14% to RM51.

KUALA LUMPUR (Oct 17): Bank Negara Malaysia (BNM) governor Datuk Seri Nor Shamsiah Mohd Yunus has said Asian countries facing increased market volatility need the option to use capital controls to pre-empt financial crises.

KUALA LUMPUR (Oct 6): The Edge Malaysia asked this question as part of its cover story this week: Will we see new taxes on inheritance and capital gains? “Talk of new taxes being introduced normally intensifies as the tabling of the annual budget approaches.

KUALA LUMPUR (Oct 6): Mammoth Empire Holding Sdn Bhd’s (MEH) Empire Remix development in USJ 1, Subang Jaya, Selangor, “is expected to be taken over by a new investor, or a group of new investors”, reported The Edge Malaysia in its latest issue.