Construction, property segments pull Gadang 3Q net profit down 10% q-o-q
KUALA LUMPUR (April 29): Gadang Holdings Bhd saw its net profit for the third quarter ended Feb 28, 2021 (3QFY21) slide 10.
IGB shareholders approve listing of commercial REIT, sale of properties to the REIT
KUALA LUMPUR (April 29): IGB Bhd shareholders have approved the proposed listing of IGB Commercial Real Estate Investment Trust (REIT), as well the sale of 10 commercial properties to the new REIT.
Malaysia's new Covid-19 cases jump to 3,142, with 1,019 from Selangor — Health D-G
KUALA LUMPUR (April 28): Malaysia's new Covid-19 cases jumped to 3,142 today — the highest in four months, bringing the number of active cases that have high transmission risks to 26,719 in the country.
Pavilion REIT’s 1Q net property income falls 9.6% to RM59m, dragged by lower occupancy rate
KUALA LUMPUR (April 28): Pavilion Real Estate Investment Trust (Pavilion REIT) said its net property income (NPI) fell 9.
Judge ticks off Najib’s defence, says ‘get to the main point’ after SRC appeal extended again
PUTRAJAYA (April 28): Datuk Seri Najib Razak’s defence failed to complete their submissions in the allotted two additional days in the SRC International Sdn Bhd case this week, resulting in the appeal hearing being extended by another day next week.
IJM Corp lands two contracts with combined value of RM327.6 million
KUALA LUMPUR (April 28): IJM Construction Sdn Bhd, a wholly owned subsidiary of IJM Corp Bhd, has secured two contracts with a combined value of RM327.
Speculation rife about Boustead’s MD Shazalli Ramly heading to LTAT
KUALA LUMPUR (April 28): As Lembaga Tabung Angkatan Tentera (LTAT) chief executive Datuk Seri Amrin Awaluddin looks set to join Lembaga Tabung Haji (TH) as its new group managing director (MD) and chief executive officer (CEO) come May 6, this leaves the top seat at the armed forces pension fund vacant.
Khairy: Malaysia will not use AstraZeneca vaccine for Covid-19 immunisation programme
KUALA LUMPUR (April 28): The government will not include the AstraZeneca vaccine under the National Covid-19 immunisation programme, said coordinating minister Khairy Jamaluddin.
ADB projects Malaysian economy to rebound to 6% in 2021, stabilise at 5.7% in 2022
KUALA LUMPUR (April 28): Malaysia’s economy is projected to rebound to 6% in 2021 and stabilise at about 5.
Mr DIY Group to open 175 new stores, chairman says in first annual report
KUALA LUMPUR (April 28): Mr DIY Group (M) Bhd expects to open 175 new stores in 2021 across the three brands under the home improvement products retailer's umbrella, namely, the MR DIY, MR TOY and MR DOLLAR outlets as the group evolves from a single-brand retailer to a multi-brand entity and continues to sustainably deliver affordable products to the widest market possible.
