Neutral outlook maintained for REIT sector
PETALING JAYA (Sept 6): Six out of eight real estate investment trusts (REITs) under our coverage recorded core net income (CNI) that was in line with our full-year forecasts.
Affordable segment in property sector expected to perform well
PETALING JAYA (Sept 6): We are maintaining our “neutral” view on the property sector as the outlook remains challenging in the next 12 months.
1MDB-Tanore trial: Jho Low not advisor, Agong said in 2009 TIA meeting
KUALA LUMPUR (Sept 10): Datuk Amhari Efendi Nazaruddin has denied any knowledge that there were concerns raised in 2009 that fugitive financier Low Taek Jho, better known as Jho Low, has been misrepresenting himself as an advisor of then Yang Di-Pertuan Agong Sultan Mizan Zainal Abidin.
High Court sets Nov 8 to hear IRB's summary judgment application and Najib's stay application on RM1.69b tax
KUALA LUMPUR (Sept 7): The High Court fixed Nov 8 to hear the application filed by the Inland Revenue Board (IRB) to obtain a summary judgment against former Prime Minister Datuk Seri Najib Razak regarding the alleged RM1.
AGC to appeal against leave granted to Najib and Shafee to remove Gopal Sri Ram
KUALA LUMPUR (Sept 6): The Attorney General's Chamber (AGC) will file an application for leave to appeal in the Federal Court against the decision by the Court of Appeal which granted leave to Datuk Seri Najib Razak and his lead counsel Tan Sri Muhammad Shafee Abdullah, to start a judicial review application to remove former federal court judge Datuk Seri Gopal Sri Ram (pictured) from prosecuting the former prime minister in the 1Malaysia Development Bhd (1MDB) case.
1MDB forfeiture: Yayasan Rahah, Umno Pekan committee member consent judgments recorded
KUALA LUMPUR (Sept 6): The High Court here had today recorded the consent judgements between the prosecution and Yayasan Rahah and Umno Pekan committee member Ibrahim Awang Ismail, to forfeit funds they received from 1Malaysia Development Bhd (1MDB).
Gamuda Land opens new RM150m ELITE interchange to Gamuda Cove township
DENGKIL (Sept 6): Gamuda Land, the property arm of construction group Gamuda Bhd, has today opened the new RM150 million Gamuda Cove Interchange here, which provides direct access from the North-South Expressway Central Link (ELITE) Highway into the 1,530-acre Gamuda Cove township.
Hektar REIT bags Asean energy efficient building award for Subang Parade
KUALA LUMPUR (Sept 6): Hektar REIT was named the first runner-up in the Asean Energy Efficient Building: Retrofitted Building category at the Asean Energy Awards & Gala Dinner held in Bangkok, Thailand on Wednesday.
Amhari: I had to listen to Azlin
KUALA LUMPUR (Sept 6): Datuk Amhari Efendi Nazaruddin (pictured) “solely depended” on the words of his late boss Datuk Azlin Alias, as well as Low Taek Jho to act on the fugitive financier’s instructions as the civil service hierarchy’s protocol had prevented him from speaking directly to the prime minister, the High Court was told yesterday.
