Australia's Lynas to begin waste facility construction in Malaysia next year
PETALING JAYA (Aug 5): Australian rare earths miner Lynas Corp is eyeing to construct a waste treatment facility in Malaysia in early 2021, reported Reuters.
SGX set to launch Asia’s first REIT futures
KUALA LUMPUR (Aug 5): The Singapore Exchange (SGX) yesterday said it is “pioneering Asia’s first international real estate investment trust (REIT) futures” based on indices tracking REITs listed in Singapore, Hong Kong, Malaysia and Thailand, reported The Edge Singapore.
DONE DEAL: 3-storey semidee factory, Taman Desaria, PJ, Selangor
Rented for: RM15,000 a month (RM1.
KPKT drawing up Residential Tenancy Act to control house prices — Zuraida
KUALA LUMPUR (Aug 5): The Ministry of Housing and Local Government is drawing up the policy for the Residential Tenancies Act to control the price of houses in the country, said its minister Zuraida Kamaruddin (pictured).
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Third wave of Covid-19 'inevitable' if border control lifted, says Health D-G
KUALA LUMPUR (Aug 4): The third wave of Covid-19 infections in Malaysia will be "inevitable" if the country loosens its border control, said Health director-general (D-G) Dr Noor Hisham Abdullah.
Worst probably over for Sunway REIT as analysts see earnings recovery
KUALA LUMPUR (Aug 4): The worst is probably over for Sunway Real Estate Investment Trust (Sunway REIT), analysts said today, as they expect the property trust’s earnings to recover in the coming quarters after the group contended with the impact of the Covid-19-driven movement control order (MCO) in Malaysia to curb the outbreak.
Woman loses RM60k in love scam
PETALING JAYA (August 4): A 50-year-old marketing manager in Johor had lost RM60,000 due to a love scam, in which the scammer has impersonated her favourite Singaporean actor Desmond Tan.
Genting HK warns of ‘significantly higher’ losses for 1H20
KUALA LUMPUR (Aug 4): Hong Kong-listed Genting Hong Kong Ltd has issued a profit guidance warning of a “significantly higher” net loss for the six months ended June 30, 2020 (1H20) versus the corresponding period in 2019, no thanks to the Covid-19 pandemic.
