CMMT 3Q NPI down 13.86%; company declares 1.9 sen DPU
KUALA LUMPUR (Oct 25): Asset enhancement works at Sungei Wang Plaza weighed on the net property income of CapitaLand Malaysia Mall Trust (CMMT) as income fell nearly 14% to RM51.
IGB REIT net property income inches up 2.4% in 3Q on higher rental income
KUALA LUMPUR (Oct 25): IGB Real Estate Investment Trust’s (REIT) net property income (NPI) rose a marginal 2.
RM6b misused to settle 1MDB debts
KUALA LUMPUR (Oct 25): The Malaysian Anti-Corruption Commission (MACC) has confirmed that former prime minister Datuk Seri Najib Razak and ex-treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah will be charged today with committing criminal breach of trust (CBT), with sources saying the offences include alleged misappropriation of RM6 billion that was used to settle 1Malaysia Development Bhd’s (1MDB) debts.
Irwan Serigar arrives at MACC for questioning on 1MDB
PUTRAJAYA (Oct 24): Former treasury secretary general Tan Sri Mohd Irwan Serigar Abdullah has arrived at the Malaysian Anti-Corruption Commission (MACC) for questioning over dealings between troubled state-owned fund 1MDB and Abu Dhabi’s sovereign wealth fund International Petroleum Investment Co (IPIC).
Najib arrives at MACC HQ for questioning on 1MDB-IPIC deals
PUTRAJAYA (Oct 24): Former prime minister Datuk Seri Najib Razak has arrived at the Malaysian Anti-Corruption Commission (MACC) headquarters here for questioning over 1Malaysia Development Bhd's (1MDB) dealings with International Petroleum Investment Company (IPIC).
Police investigate ownership claim over jewellery seized from Najib-linked properties
KUALA LUMPUR (Oct 24): Information is still being gathered by the police, regarding claims on jewellery seized from premises linked to Datuk Seri Najib Tun Razak.
Another 30,000 Rumah Selangorku homes to be built from 2018 to 2023
SHAH ALAM (Oct 23): The Selangor state government aims to launch 30,000 units of affordable homes under its Rumah Selangorku housing scheme over the next five years, said Selangor Menteri Besar Amirudin Shari.
Axis REIT’s NPI jumps 31% on-year in 3Q with expanded portfolio
KUALA LUMPUR (Oct 22): Axis Real Estate Investment Trust’s (Axis REIT) net property income (NPI) grew 31% in the third quarter ended Sept 3, 2018 (3QFY18) to RM45.
Johor moves to revive sick and abandoned projects
JOHOR BARU (Oct 23): In a move to help house buyers affected by sick and abandoned private housing projects, the state government says it will take proactive measures.
