CLMT’s 2Q NPI rises 52% on contribution from newly acquired Queensbay Mall, higher rental income
Earnings per share rose to 1.
CapitaLand Malaysia expects strong consumer spending to support growth momentum for remaining of FY2023
The real estate investment trust (REIT) said it had initially expected last year's strong recovery to taper off this year considering that there were no more special Employees Provident Fund (EPF) withdrawals, and due to a higher cost of living which may dent consumers’ spending power.
Sentral REIT acquires Menara CelcomDigi for RM450m; proposes share placement
Sentral REIT said the acquisition of the building from MRCB’s wholly-owned subsidiary Puncak Wangi Sdn Bhd, will be satisfied with cash raised through a combination of equity and debt funding exercises.
IJM Land to launch Daffodil Residency apartment in Bandar Alam Suria in October
“The carefully planned landscaping enhances the overall aesthetic appeal and allows residents to immerse themselves in the natural beauty surrounding them.
WORQ partners with MDEC's DE Rantau programme to help develop Malaysia’s digital economy
The WORQ with DE Rantau programme is estimated to inject RM360 million into the Malaysian economy by supporting 6,000 highly skilled workers, as well as enabling new businesses in the economy.
IJM Corp to acquire 45% stake in Pestech International for RM124m
IJM adds that the combined capabilities of the two groups as civil and systems contractors enable the offering of more comprehensive and turnkey solutions for local and international rail project bids.
As June inflation cools to 14-month low, economists mixed on BNM's OPR plans
MIDF Research, however, thinks that the steady domestic demand and sticky core inflation that lingered above 3% — as opposed to the pre-pandemic average of 1.
KIP REIT's 4Q net property income up 14%, declares 1.75 sen income distribution
KIP REIT has proposed a final income distribution of 1.
RHB Research's optimism on Iskandar property market grows as market moves past property glut
Apart from that, rentals for condominiums in Singapore grew 32% annually in the first quarter of 2023, while the government has also imposed a steeper stamp duty starting April.
Malaysia Steel Association tasked by Miti to formulate green transition roadmap for industry
Liew said the roadmap will include policies and pathways to assist the iron and steel sector to commence the transition towards reducing its carbon footprint.
