Strata living, a work in progress
IT’S been a year since the Strata Management Act 2013 (SMA) was implemented in our country.
Rental reversions, retail sales remain healthy for KLCCPSG
KLCC Property Stapled Group (Aug 4, RM7.
Axis’ Rawang land buy yield-accretive in the long term
Axis Real Estate Investment Trust (Aug 3, RM1.
Scomi to sell, lease back Rawang land to Axis REIT for RM42 mil
KUALA LUMPUR (Aug 2): Scomi Engineering Bhd’s (SEB) indirect unit will sell its industrial land in Rawang to Axis Real Estate Investment Trust (Axis REIT) and lease it back from the trust for RM42 million cash.
Rethinking Singapore retail REITs
WITH widespread expectation that global interest rates will stay low for a long time, real estate investment trusts in Singapore have performed well since the beginning of this year, despite a chorus of warnings about the deteriorating fundamentals of the commercial property sector.
Securities Commission says no to Yi-Lai's waiver application
KUALA LUMPUR (July 29): The Securities Commission (SC) has rejected Yi-Lai Bhd's waiver application for Aspen Vision All Sdn Bhd to comply with the regulator's requirement that Aspen Vision All must be an operating entity for at least three years.
Medieval fantasy
THE modern town of Veliko Tarnovo has an unlovely sprawl of anonymous buildings.
Public Bank lowers BR, BLR by 23 bps
KUALA LUMPUR (July 26): Public Bank Bhd announced yesterday that it will reduce its base rate (BR) and base lending rate (BLR) or base financing rate by 23 basis points (bps) from tomorrow onwards, following Bank Negara Malaysia’s (BNM) move to cut the overnight policy rate by 25 bps to 3%.
Tiong Nam has business expansion plans on the cards
Tiong Nam Logistics Holdings Bhd(July 25, RM1.
Mah Sing Foundation builds home for orang asli family
PETALING JAYA (July 25): Mah Sing Foundation, a charitable trust established by Mah Sing Group Bhd, has contributed RM42,000 to build a home for an orang asli family in Kampung Serendah via social enterprise EPIC Homes.
