No defence against MCO for REITs
KUALA LUMPUR (March 23): Equity investors usually flock to defensive stocks like real estate investment trusts (REITs) to weather any storms in the markets.
KUALA LUMPUR (March 23): Equity investors usually flock to defensive stocks like real estate investment trusts (REITs) to weather any storms in the markets.
KUALA LUMPUR (March 23): A Singaporean decided that she has enough space to share in her four-room flat after listening to the Malaysian worker she was carpooling with recount stories of other workers who had to sleep rough after Malaysia closed its borders, TODAY reported on Saturday.
KUALA LUMPUR (March 20): Parkson Holdings Bhd’s executive chairman Tan Sri William Cheng said the retail group is currently in uncharted territory and he could not gauge the adverse impact brought by the COVID-19 outbreak and the nationwide Movement Control Order (MCO).
PETALING JAYA (March 20): The health ministry said a total of 15 healthcare workers, including three from the private sector, have been infected with the COVID-19 virus, Free Malaysia Today (FMT) reported today.
KUALA LUMPUR (March 20): Malaysia’s Health Director-General Dr Noor Hisham Abdullah has urged the public or patients to be truthful and not to hide information in giving their history and close contacts.
KUALA LUMPUR (March 20): The army will be roped in to assist the police in enforcing the Movement Control Order (MCO) from Sunday onwards, said defence minister Datuk Seri Ismail Sabri.
PETALING JAYA (March 20): Authorities dispersed a huge crowd of people at a wet market in Section 17, Petaling Jaya, this morning, Malaysiakini reported today.
PETALING JAYA (March 20): Real Estate and Housing Developers Association Malaysia (Rehda) president Datuk Soam Heng Choon said the current COVID-19 pandemic and economic uncertainties will affect all sectors in Malaysia, including the property development sector.
KUALA LUMPUR (March 19): The government is discussing with its Singapore counterpart about allowing Malaysians to work in the country but on one condition: Singapore needs to provide accommodations for the workers.
KUALA LUMPUR (March 19): The trading of shares will go on, said the Securities Commission (SC) and Bursa Malaysia in a joint statement today.