TA Enterprise: Group's properties have to be revalued due to delay in implementing takeover offer

Jul 21

KUALA LUMPUR (July 21): TA Enterprise Bhd (TAE) said due to a delay in implementing its takeover offer for an additional stake in its 60.

IGB REIT's 2Q net property income tumbles 62%, to distribute 0.62 sen per unit

Jul 21

KUALA LUMPUR (July 21): IGB Real Estate Investment Trust (REIT), the owner of the Mid Valley Megamall and The Gardens Mall, has posted a steep decline in revenue and earnings for the second quarter ended June 30, 2020 (2QFY20).

Covid-19: New cluster detected in Johor with 14 confirmed infections

Jul 20

KUALA LUMPUR (July 20): A new Covid-19 cluster has been detected in an old folk’s home in Kluang, Johor, with 14 confirmed positive cases, the Ministry of Health (MoH) said today.

Marina Bay Sands settles lawsuit with S$9.1 mil payment to former patron

Jul 20

SINGAPORE (July 20): The owner of Marina Bay Sands Pte - Sheldon Adelson’s Las Vegas Sands Corp has agreed to settle a lawsuit brought by a former patron with S$9.

Sweden home to first mall for secondhand goods

Jul 20

ESKILSTUNA, Sweden (July 20): A mall selling second hand items in Eskilstuna, Sweden has been drawing about 300,000 visitors every year since it opened in 2015.

Don Don Donki to open Malaysia's first store in LOT 10 by 2021

Jul 20

KUALA LUMPUR (July 20): YTL Land will be bringing in the first Japan brand specialty store Don Don Donki by early 2021.

MoF: Goldman Sachs reps in Malaysia to discuss 1MDB settlement deal

Jul 20

KUALA LUMPUR (July 20): Senior representatives of Goldman Sachs Group Inc have flown into Malaysia this week to continue its discussions with the Malaysian government on the repatriation of 1Malaysia Development Bhd (1MDB) funds and assets into the country, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Property sector 'neutral' despite challenging outlook, says AmInvestment Bank

Jul 20

KUALA LUMPUR (July 20): AmInvestment Bank Bhd (Ambank) maintained its “neutral” view on the property sector as its outlook for the next 12 months remains challenging due to the onset of the Covid-19 pandemic and the resulting Movement Control Order (MCO) to control its spread that has halted economic activities for almost two months.