CMMT posts lower 1Q NPI on lower contribution from Klang Valley malls
KUALA LUMPUR (April 25): Capitaland Malaysia Mall Trust's (CMMT) net property income (NPI) fell 4.
KUALA LUMPUR (April 25): Capitaland Malaysia Mall Trust's (CMMT) net property income (NPI) fell 4.
IGB Real Estate Investment Trust (April 24, RM1.
Axis Real Estate Investment Trust (April 24, RM1.
KUALA LUMPUR (April 25): Sarawak Consolidated Industries Bhd has terminated its share sale agreement (SSA) to acquire an industrialised building system (IBS) factory owner and operator Carlton Gardens Sdn Bhd for RM9.
KUALA LUMPUR (April 25): The main contractor of the Penang undersea tunnel project has threatened to sue any party spreading fake news about it and the project via social media and other channels.
KUALA LUMPUR (April 24): The liberalisation in the permissible list of activities provides alternative growth opportunities to Malaysian Real Estate Investment Trusts (M-REITs) in the areas of acquiring vacant land to undertake property development activities, acquisition of assets with provision of income support and investments through private leases, said the Malaysian REIT Managers Association (MRMA).
KUALA LUMPUR (April 24): Mega rail projects in the country is not a threat to the local airline sector.
KUALA LUMPUR (April 24): Datuk Md Othman Yusof (pictured), executive director of Country Garden Pacificview Sdn Bhd, has been chosen as Barisan Nasional’s (BN) candidate for the Johor state seat of Kukup yesterday.
KUALA LUMPUR (April 24): Gadang Holdings Bhd expects its current financial year ending May 31, 2018, to end on a weaker note from the previous year, due to what it termed "sluggish market condition" of the property sector.
KUALA LUMPUR (April 23): Axis Real Estate Investment Trust (Axis REIT) is adding a freehold industrial property in Shah Alam, Selangor, which it is acquiring for RM87 million, to its portfolio.