Analysts turn cautious on IGB REIT, no thanks to MCO 2.0
KUALA LUMPUR (Jan 26): The implementation of the second Movement Control Order (MCO 2.
Anwar files judicial review to challenge legality of suspension of Parliament sitting
KUALA LUMPUR (Jan 26): Opposition leader Datuk Seri Anwar Ibrahim (pictured) had yesterday initiated the filing of a judicial review application to seek leave in declaring that Prime Minister (PM) Tan Sri Muhyiddin Yassin's advice to the Yang di-Pertuan Agong to suspend Parliament sitting during the emergency period is unconstitutional and against the law.
Genting New York operations may see sharp recovery after Covid-19-driven shutdown — S&P Global
KUALA LUMPUR (Jan 26): S&P Global Ratings expects Genting Malaysia Bhd’s (GenM) wholly-owned subsidiary Genting New York LLC to register a sharp recovery after the Covid-19 pandemic-driven shutdown as Genting New York operations are located at the heart of the metropolitan area in New York and has a low dependency on tourists for gaming revenue.
Aspen will transfer to SGX Mainboard on Jan 28
SINGAPORE (Jan 26): Aspen Group says it will transfer to the SGX Mainboard from the Catalist board on Jan 28.
Covid-19: Hotel Equatorial Penang closes down due to huge losses
PENANG (Jan 25): Hotel Equatorial Penang announced cease of operation from March 31 this year due to adverse business conditions caused by Covid-29.
IGB REIT sees slight drop in 4Q property income, proposes 2.08 sen distribution
KUALA LUMPUR (Jan 25): IGB Real Estate Investment Trust (IGB REIT)’s net property income for the fourth quarter ended Dec 31, 2020 slipped 3.
Sarawak still seeing growth opportunities; Sabah’s outlook remains bleak – CBRE | WTW
PETALING JAYA (Jan 25): Amidst a general gloomy outlook, Sarawak property market is still seeing a silver lining, led by the development of the state’s oil and gas industry in Bintulu and agricultural sector, said C H Williams Talhar Wong & Yeo managing director Robert Ting.
Apex court wants parties to make submissions on whether Societies Act section applies to challenge by 16 Umno members
PUTRAJAYA (Jan 25): A five-member Federal Court bench today directed parties involved in a dispute over the delay in Umno election in 2018 to make further submissions on whether a section of the Societies Act was rightly applied by the High Court and the Court of Appeal to halt a challenge by 16 former Umno members.
Court hearing for Tengku Adnan’s appeal fixed for April 22
PUTRAJAYA (Jan 25): The Court of Appeal here today fixed two days beginning from April 22, 2021 to hear the appeal by Putrajaya Member of Parliament (MP) Datuk Seri Tengku Adnan Tengku Mansor against his corruption conviction which led to a 12-month jail sentence and RM2 million fine for him.
Party leaders in PN govt satisfied with explanation on Emergency Ordinance — Muhyiddin
KUALA LUMPUR (Jan 25): The leaders of parties in the Pakatan Nasional (PN) government are satisfied with the explanations and in-depth discussions on the Emergency Ordinance, as well as how the emergency and the Covid-19 pandemic are being managed, said Prime Minister Tan Sri Muhyiddin Yassin.
