Jaks drops 18% on 4Q net loss, proposes new shares placement
KUALA LUMPUR (Feb 28): Jaks Resources Bhd dropped as much as 22 sen or 18% after the builder and water-pipe manufacturer reported a fourth quarter (4QFY2016) net loss at RM24.
Bank Negara says 'broader alternatives to home ownership' key to protect buyers
KUALA LUMPUR (Oct 11): Bank Negara Malaysia said developing broader home ownership alternatives, including a well-functioning rental market, was deemed a policy priority to protect homebuyers from financial hardship.
Sime Darby placement oversubscribed
KUALA LUMPUR (Oct 5): Sime Darby Bhd’s proposed placement, the biggest primary placement in Southeast Asia in almost three years, has received overwhelming demand of over RM6.
Sime Darby to place up to 5% of its shares to raise RM2.37 bil
KUALA LUMPUR (Aug 23): Sime Darby Bhd is proposing a placement up to 316.
Rethinking Singapore retail REITs
WITH widespread expectation that global interest rates will stay low for a long time, real estate investment trusts in Singapore have performed well since the beginning of this year, despite a chorus of warnings about the deteriorating fundamentals of the commercial property sector.
Atrium REIT spends RM15.4m to upgrade Atrium Shah Alam 2
KUALA LUMPUR (Jan 8): Atrium Real Estate Investment Trust (Atrium REIT) is spending RM15.
Demand-supply gap to persist in cement sector
Cement sector Maintain neutral: The sector is expected to witness a stagnant growth especially in the supply of premix cement and ordinary Portland cement.
Ringgit woes cast shadow over cement industry
KUALA LUMPUR (Oct 22): The protracted slump of the ringgit against the US dollar, which has plagued importers and harmed consumer sentiment with the threat of imported inflation, has also cast its shadow over the cement industry.
YTL Corp’s 4Q net profit down 15.6%, pays 9.5 sen dividend
KUALA LUMPUR (Aug 21): Conglomerate YTL Corp Bhd saw a 15.
