PETALING JAYA (June 6): The reintroduction of the National Home Ownership Campaign (HOC) will encourage certain property investors to re-enter the property market, according to real estate consultancy Savills Malaysia managing director Datuk Paul Khong.
Bank Negara Malaysia’s (BNM) automatic six-month moratorium on all bank loans will benefit property owners with mortgages, but what happens after the moratorium ends? Read also Uncovering the bargains on EdgeProp.
KUALA LUMPUR (June 4): More hotel closures seem to be the order of the day due to the Covid-19 pandemic and the latest casualties are three Swiss Garden International (SGI) hotels across the country, the New Straits Times (NST) reported today.
KUALA LUMPUR (May 29): OSK Holdings Bhd posted a net profit of RM77.
PETALING JAYA (May 27): A viral message circulating on WhatsApp on a list of hotels in Kuala Lumpur and Penang available for sale is a hoax.
KUALA LUMPUR (May 21): Genting Malaysia Bhd has been dealt a poor hand this year, the 55th anniversary of the founding of the group, The Edge reported today.
KUALA LUMPUR (May 22): As the Covid-19 pandemic hits it hard, Genting Malaysia Bhd (GENM) has announced that it is undertaking a restructuring exercise at its home operations including voluntary pay cut and "rightsizing its workforce".
KUALA LUMPUR (May 22): Parkson Holdings Bhd’s net loss widened to RM92.
KUALA LUMPUR (May 21): Capitaland Malaysia Mall Trust (CMMT) said its earnings in the first quarter ended March 31, 2020 was affected by lower rental income from its shopping malls, following the implementation of the movement control order (MCO).
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