News about i

KUALA LUMPUR (Sept 7): As expected, Bank Negara Malaysia (BNM) today kept its key policy rates unchanged at 3%.

KUALA LUMPUR (Sept 7): AmFunds Management Bhd, or more commonly known as AmInvest, has rated Malaysia's real estate investment trust (REIT) as "underweight", despite seeking to double its investment to RM500 million in that asset class by next March.

KUALA LUMPUR (Sept 7): Land & General Bhd (L&G) is aiming to launch projects worth more than RM1.

SINGAPORE (Sept 7): Healthy interest for new office buildings is allaying fears over Grade A office rents crashing and that new office supply will not be absorbed, according to a Monday sector note by DBS Vickers.

SINGAPORE (Sept 7): CIMB Research is keeping its “overweight” rating on Singapore’s property segment given that investors are still seeking shelter in yield.

KUALA LUMPUR (Sept 7): The Federal Land Development Authority (Felda) will start the construction of single-storey terraced homes under the Felda New Generation Housing programme in about one or two months, said chairman Tan Sri Mohd Isa Abdul Samad, according to a Bernama report yesterday.

Eversendai Corp Bhd (Sept 6, 47 sen) Maintain outperform call with a lower target price of 63 sen: We attended Eversendai Corp Bhd’s briefing and came away feeling “neutral” on its outlook.

“You coming?” asks Professor Dr Jimmy Lim, founder and principal of Jimmy Lim Design, as he steps into his home office.

  CONTRACTOR-cum-developer Crest Builder Holdings Bhd, which has seen its earnings and revenue fluctuate from year to year, plans to reduce the fluctuations by staggering the timing of its property projects, says managing director Eric Yong Shang Ming.

IREKA Group of Companies has been keeping a relatively low profile in the property development sector in the past few years.