Impact of MCO 2.0 on the property market
As the Covid-19 pandemic continues to ravage Malaysia, the government took to imposing the Movement Control Order (MCO) 2.
Bintai Kinden diversifies into property business, less than six months after vaccine venture
KUALA LUMPUR (Jan 22): Bintai Kinden Corp Bhd, whose share price has more than halved since it hit its record high of RM1.
Covid-19: Another 16 new clusters detected by MOH
KUALA LUMPUR (Jan 21): The Ministry of Health (MOH) has detected 16 new clusters of Covid-19 infections, 11 of which are linked to workplaces.
Genting Malaysia announces temporary closure of resorts following MCO expansion
KUALA LUMPUR (Jan 21): Genting Malaysia Bhd (GenM)’s Resorts World Genting, Resorts World Away, Resorts World Kijal and Resorts World Langkawi will be temporarily closed following the implementation of the Movement Control Order (MCO) in six more states.
UOA REIT 4Q net rental income falls 11% on tenant rental rebates
KUALA LUMPUR (Jan 21): UOA Real Estate Investment Trust’s (REIT) net rental income for the fourth quarter ended Dec 31, 2020 (4QFY20) fell 10.
Axis REIT says 4Q net income up 8.31%, declares DPU of 2.25 sen
KUALA LUMPUR (Jan 21): Axis Real Estate Investment Trust (REIT) saw its net property income (NPI) for the fourth quarter ended Dec 31, 2020 (4QFY20) rise 8.
DONE DEAL: Serviced apartment unit, St Mary Residences, Kuala Lumpur
Read also DONE DEAL: Warehouse factory at Klang, Selangor DONE DEAL: Condominium, Andalucia, Pantai Hillpark, KL St Mary Residences is a freehold luxury serviced apartment on Jalan Tengah, Kuala Lumpur City Centre, jointly developed by E&O Property Development and Lion Group.
TNB: 10,768 commercial customers automatically eligible for 10% power discount
KUALA LUMPUR (Jan 21): Tenaga Nasional Bhd (TNB) said 10,768 of its commercial customers who had previously received a 15% discount under the Penjana economic stimulus package are automatically eligible for the 10% discount under the new Permai package.
Selection panel head says no direct links proven between Pfizer Covid-19 vaccine and elderly Norwegian deaths — report
KUALA LUMPUR (Jan 21): The deaths of 23 elderly Norwegians have not been proved to be caused by the Pfizer-BioNTech vaccine against Covid-19 that they received, said the chief of the Vaccine Selection Technical Working Group (TWG).
Resorts World Genting announces temporary shutdown as Pahang placed under MCO
KUALA LUMPUR (Jan 21): Genting Malaysia Bhd’s (GenM) unit Resorts World Genting (RWG) is temporarily shutting operations, in line with the government’s plan to implement the movement control order (MCO) in Pahang, where it is based, from Jan 22 to Feb 4, 2021.
