Malaysia's first astronaut now a delivery boy during MCO
PETALING JAYA (April 23): Malaysia first astronaut Dr Sheik Muszaphar Shukor has become a delivery boy in this Movement Control Order (MCO) period.
CN Asia’s RM4m related-party land buy deemed fair and reasonable by independent advisor
KUALA LUMPUR (April 23): Independent advisor Asia Equity Research Sdn Bhd said today the proposed acquisition by CN Asia Corp Bhd of a parcel of land from a related party for RM4 million cash is “fair and reasonable”.
BNM expected to cut OPR by another 75 basis points: CGS-CIMB
KUALA LUMPUR (April 23): CGS-CIMB Securities Sdn Bhd said yesterday it expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 75 basis points (bps) in anticipation of a contraction in the country’s economy in 2020 and subdued inflation during the year.
IGB REIT says IQ income affected by MCO, sees grim outlook
KUALA LUMPUR (April 23): IGB Real Estate Investment Trust’s net property income (NPI) fell 14.
Platinum Victory offers Curbside Pick-up service at The Palette
KUALA LUMPUR (April 23): Property developer Platinum Victory has introduced a drive-thru shopping and food takeaway service at its 7.
Analysts upbeat on Sime Darby disposal of loss-making Tesco, say proceeds could be distributed as dividends
KUALA LUMPUR (April 23): Sime Darby Bhd’s plan to sell its 30% stake in Tesco Stores (Malaysia) Sdn Bhd for RM300 million is seen as positive by analysts who say this would allow the group to exit its loss-making hypermarket business.
Razman won't be suspended despite probed over violating MCO: Perak MB
KUALA LUMPUR (April 23): Perak state executive councillor Razman Zakaria will not be suspended despite being probed over the violation of the movement control order (MCO), Malaysiakini reported today.
EMCO: Selayang residents pleading for sundry stores to be opened
KUALA LUMPUR (April 23): Fearing food supplies may run low, residents in parts of Selayang being placed under the enhanced movement control order (EMCO) are “pleading” with the authorities to allow sundry shops in their area to be opened, the Malay Mail reported today.
DONE DEAL: Office unit, Plaza Sentral, Kuala Lumpur
Sold for: RM2,705,400 (RM835psf) Concluded by: Henry Chin (E 1833) (012-377 8306) of Property Express When: November 2019 Noteworthy: ● Freehold ● Built-up: 3,240 sq ft ● Mid-floor unit ● Facilities: 24-hour security, centralised air-conditioning, CCTV surveillance in public area, covered parking, lobby reception, fibre optic backbone and high-speed broadband.
Sime Darby expects RM270m net gain from Tesco Malaysia stake sale
KUALA LUMPUR (April 22): Sime Darby Bhd has inked a deal to sell its 30% stake in Tesco Stores (M) Sdn Bhd for RM300 million.
