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Genting Malaysia Bhd (Jan 14, RM4.

MALAYSIAN real estate investment trusts (MREITs) may step up acquisitions this year as the rental reversion cycle peaked in 2014, which helps with asset valuations said Malaysian REIT Managers Association chairman Datuk Stewart LaBrooy (pictured).

Sold for: RM1.

KUALA LUMPUR (Jan 14): The Urban Wellbeing, Housing and Local Government Minister Datuk Abdul Rahman Dahlan has warned that his ministry would most likely to be affected by the impending cut in Budget 2016.

PETALING JAYA (Jan 14): Building managers can register themselves with the Commissioners of Buildings (COB) for now, while the Ministry of Urban Wellbeing, Housing and Local Government is working towards the formation of a Board of Building Managers (BBM).

KUALA LUMPUR (Jan 14): Bina Puri Holdings Bhd, which is hoping to match its 2015’s order book value of RM1 billion this year, expects its net profit to grow by 20% in the current financial year ending Dec 31, 2016 (FY16), driven by its construction and power business segments.

KUALA LUMPUR (Jan 13): A new entity formed via a joint venture between UEM Sunrise Edgenta TMS Sdn Bhd (UEMSET), and Township Management Services Sdn Bhd (TMS) — which is a wholly-owned subsidiary of Medini Iskandar Malaysia Sdn Bhd, will kick off its township management services this year, specifically for building owners and residents of Medini and Iskandar Puteri (formerly known as Nusajaya) townships in the Iskandar Malaysia region in Johor Bahru.

KUALA LUMPUR (Jan 13): Bina Puri Holdings Bhd targets to secure construction projects worth RM1 billion this year, from both overseas and domestic market.

UEM Sunrise Bhd (Jan 11, RM1.

VACATIONS are usually fun, and most people look forward to taking a break from everyday life.