Latest asset buy seen to have muted impact on Axis REIT’s earnings
Axis Real Estate Investment Trust (Aug 9, RM1.
Government to present white paper on Felda’s critical cash flow problem
KUALA LUMPUR (Aug 10): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said yesterday the government had decided to present a “white paper” in the next session of Dewan Rakyat to expose the real situation of the Federal Land Development Authority (Felda), which is currently facing a critical cash flow problem.
Gamuda, KPS accept takeover offer for SPLASH
KUALA LUMPUR (Aug 10): Gamuda Bhd and Kumpulan Perangsang Selangor Bhd (KPS) announced yesterday that they have resolved to accept the state government’s offer for Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (SPLASH), confirming a report by The Edge Financial Daily published on Monday.
Sunway REIT declares 2.15 sen DPU, warns property glut is a challenge
KUALA LUMPUR (Aug 10): Even as it endeavours to maintain a 100% payout of its distributable net income in the next fiscal year, Sunway Real Estate Investment Trust has cautioned of the “fundamentally challenging oversupply situation” brought about by tremendous new supply of retail, hotel, and commercial space in the market, exacerbated by lacklustre foreign direct investments and tourism activities.
Najib: 'I can defend myself'
KUALA LUMPUR (Aug 10): Former Prime Minister and UMNO president Datuk Seri Najib Razak said UMNO does not need to defend him against the slanders made against him as he can defend himself.
Bintai Kinden jumps 12.90% on being appointed MRT2 subcontractor
KUALA LUMPUR (Aug 10): Bintai Kinden Corp Bhd shares jumped 12.
Najib arrives at High Court for gag order hearing
KUALA LUMPUR (Aug 10): Former premier Datuk Seri Najib Razak (pictured) arrived at the Kuala Lumpur High Court at 8:52am today for the hearing on his application for a gag order to prevent the public from discussing the merits of his court case and criminal charges, so as to avoid a trial by media.
Perak govt seeks to bring down property prices
PETALING JAYA (Aug 9): The Perak state government is looking at ways to bring down property prices in the state, reported The Star.
No separate O&M deal for SSP3 water treatment plant, minister clarifies
KUALA LUMPUR (Aug 9): Minister of Water, Land and Natural Resources Dr Xavier Jayakumar (pictured) clarified that the RM2.
Drunk old man with gun causes panic at Centrepoint
PETALING JAYA (Aug 9): A drunk 61-year old man caused a stir at the Centrepoint Shopping Centre in Bandar Utama here yesterday when he brandished a semi-automatic pistol, reported news outlets.
