News about sia

KUALA LUMPUR (Dec 13): While the spike in Malaysian Government Securities (MGS) 10-year yield has made real estate investment trusts (REITs) relatively less attractive, analysts said the fundamentals of REITs are still intact and are still commanding a premium over MGS yields.

PETALING JAYA (Dec 9): RE/MAX Malaysia’s equity crowdfunding (ECF) programme has attracted investors’ attention with 48% of the offerings already subscribed before the official launch yesterday, said CrowdPlus.

PETALING JAYA (Dec 9): Eastern & Oriental Bhd (E&O) plans to launch phase 2 of Avira Garden Terraces at its Avira Iskandar Malaysia development in Johor in the first half of 2017.

KUALA LUMPUR (Dec 8): Eco World Development Group Bhd (EcoWorld) reported a net profit of RM29.

KUALA LUMPUR (Dec 8): Selangor Dredging Bhd (SDB) has proposed the acquisition of a freehold property in Singapore’s Serangoon Road for S$47 million (RM146.

AS main cities in the country continue to urbanise, the provision of affordable homes remains a major concern.

ISKANDAR PUTERI (Dec 6): Forest City, a mixed-use development on four man-made islands, is expected to contribute RM66 billion in tax revenue to the government over two decades.

Real Estate Investment Trusts Maintain neutral call: Malaysian government securities (MGS) yield spiked in November to above 4.

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) president and chief executive officer (CEO) Datuk Ahmad Zaini Othman (pictured) kept mum about questions yesterday about the potential merger and acquisition (M&A) of MBSB with Asian Finance Bank (AFB), saying only it is now a shareholder matter.

KUALA LUMPUR (Dec 6): George Kent (M) Bhd’s net profit jumped 96.