News about edge

The sustainable initiative aims to redirect plastic food packaging waste away from the ocean and landfills, repurposing them into reusable items.

Property cycles, once a vague but nevertheless useful guide to the timing of new property launches, no longer exist.

In a trading stocks note on Monday, the research house said the stock broke past the 54 sen resistance as the bullish momentum is picking up.

RHB IB said many local institutional funds have yet to take a meaningful position in the property sector.

Industry magazine Inside Asian Gaming (IAG) said the company would look to form a joint venture for a Thai IR licence, based on its previous exploits in Korea and Japan.

On Friday, Scientex and S P Setia said in a Bursa filings that the deal to purchase the freehold 960-acre land in Tebrau was terminated due to non-fulfilment of the conditions precedent within the extended completion period.

The JV — Inneonusa Sdn Bhd — is 51%-owned by TM, 39%-owned by UEM and 10% by IIB.

Maybank IB said Forest City, which has been identified as a special financial zone and a potential high-speed rail (HSR) station in Iskandar Puteri, should continue to attract buying interest in the region.

ARREIT said this follows the signing of a sale and purchase agreement with Plenitude's wholly-owned subsidiary Plenitude Gateway Sdn Bhd for the proposed disposal in June last year.

Minister Nga Kor Ming: This is very important because we want the PPRs, as well as our markets, to have their own architectural identity.