Hong Leong Assurance emerges as substantial shareholder of Atrium REIT
KUALA LUMPUR (April 9): Hong Leong Assurance Bhd has emerged as a substantial unitholder of Atrium Real Estate Investment Trust (REIT).
Sunway REIT's proposed RM10b perpentual bonds more good than bad, says HLIB Research
KUALA LUMPUR (April 8): Sunway Real Estate Investment Trust (REIT)'s proposed RM10 billion perpetual note programme, which will increase the group's debt headroom without diluting earnings and distribution per unit (EPU and DPU), is a positive development, according to Hong Leong Investment Bank (HLIB) Research.
Pavilion REIT to relook Bukit Jalil mall ownership
KUALA LUMPUR (April 8): Pavilion Real Estate Investment Trust (REIT) has opted not to participate in the ownership of the under-construction Pavilion Bukit Jalil mall to avoid unwanted risks, but believes the asset will be worth reconsidering upon its completion, said its manager.
Snapshots of the auction property market in 2018
The total number and value of auction properties in Malaysia is on an upward trend lately.
Fed govt need not inform Johor of project, says exco member
JOHOR BAHRU (April 5): The Federal government is not required to inform the state of the project as it is located 3.
Vizione says RM15m linked to graft probe paid to Consortium Zenith just a security deposit
KUALA LUMPUR (April 5): Vizione Holdings Bhd, whose subsidiary was mentioned in a cheating case linked to a graft probe on the Penang undersea tunnel, clarified yesterday that the RM15 million reportedly paid out from its subsidiary's account was actually a security deposit it paid for a certain work package under the Penang Mega Infrastructure (PMI) project.
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Talks on East Coast Expressway Phase 3 implementation model, fund allocation started, says minister
KUALA LUMPUR (April 4): The Works Ministry has started discussions and negotiations with the Economic Affairs Ministry and the Finance Ministry on the third phase of the East Coast Expressway, said its minister Baru Bian.
C4: Bukit Nanas Forest Reserve area mysteriously smaller by nearly 1ha
PETALING JAYA (April 4): The Center to Combat Corruption & Cronyism (C4) has called for greater scrutiny over sale of government land, saying there were suspicious land deals that have led to the encroachment of the Bukit Nanas Forest Reserve (BNFR).
‘Use non-linear data to respond to financing needs of low-income clients’
KUALA LUMPUR (April 4): Banks and other financing institutions should look at non-linear data to better respond to the financing needs of low-income customers.
Integrated property database key to address market concerns
KUALA LUMPUR (April 4): Malaysia will need an integrated property database that could serve as a launch pad for future policy direction and actions by both the government and private sector players.
