Al-Salam REIT’s IPO oversubscribed 2.96 times

KUALA LUMPUR: The general public portion of the initial public offering (IPO) of al-Salam Real Estate Investment Trust (REIT), en route to list on the Main Market of Bursa Malaysia on Sept 29, has been oversubscribed by 2.

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Cautious sentiment in Johor remains in 2Q

THE Goods and Services Tax (GST), the weak domestic and global economy, and the uncertain local political situation worsened sentiment in Johor’s property market in the second quarter of the year.

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