News about ru

KUALA LUMPUR (March 20): Luster Industries Bhd has proposed to undertake the diversification of its business to include property development and construction.

CapitaLand Malaysia Mall Trust (March 19, 99 sen) Maintain outperform with a lower target price (TP) of RM1.

Real estate investment trust sector Maintain neutral: We are mildly positive on the revised Guidelines on Real Estate Investment Trusts (REITs) which allow property development for Malaysian REITs (M-REITs), among other changes/additions.

KUALA LUMPUR (March 20): The average yield for Malaysian real estate investment trusts (REITs) is now at its highest since 2016, which may prompt investors to wonder if it’s a good time to place their money in REITs.

KUALA LUMPUR (March 19): Lafarge Malaysia Bhd will be supplying RM270 million worth of cement for all eight packages of work for the East Coast Rail Link (ECRL) project.

Ask a child what kind of house he or she wants to live in and you may probably get a reply that they want a place with a large play area indoors and a playground outside.

Gamuda Bhd (March 15, RM5) Maintain buy with a target price (TP) of RM5.

KUALA LUMPUR (March 15): Following the passing of its managing director Datuk Izham Yusoff, Bina Darulaman Bhd has appointed its group financial officer Fakhruzi Ahmad to manage its day-to-day business operations.

KUALA LUMPUR (March 15): T7 Global Bhd has entered into a new memorandum of understanding (MoU) with Terengganu state-linked corporation Eastern Pacific Industrial Corp Bhd (Epic) and CMC Engineering Sdn Bhd, a wholly-owned bumiputera company, to form a consortium to undertake the construction of the RM60 billion East Coast Rail Line (ECRL) project’s Terengganu parcel.

KUALA LUMPUR (March 12): The United Nations Children’s Fund (Unicef) study that children living in the Public Housing Programme (PPR) homes here are suffering from malnutrition is not true, said Education Minister Datuk Seri Mahdzir Khalid.