News by M

Bank Negara said in a statement today its monetary policy committee (MPC) maintained the OPR at 3%, a level deemed accommodative and supportive of economic activity.

The DC rates for commercial use rose 1.3% on average, with the largest increase of 29% was in the Shenton Way/Raffles Quay/ Marina Bay Financial Centre area.

Greenland Group has unveiled a special livery on AirAsia’s Airbus A320 aircraft last Friday

Matrix said the Matrix Global Specialist Center, if established, shall be the first hospital to incorporate start-of-art development to be built in Bandar Sri Sendayan, to cater for the current population of more than 30,000 residents, with a future target of more than 120,000 by 2022.

RHB is remaining “neutral” on CapitaLand while raising its target price to S$3.60 from S$3.15 previously, as it expects limited upside on the stock following the run-up in its share price, which has increased by about 20% in the year-to-date.

The move follows Sime Darby’s proposed standalone listing of its plantation and property under a pure-play strategy.

KL Gateway Mall will open its doors to the public tomorrow.

Sunway recorded RM1.2 billion new property sales in FY2016 (+0% y-o-y), underpinned largely by sales from Sunway Mont Residences (RM219 million), Singapore (RM184 million), Iskandar (RM128 million) and China (RM188 million).

Eco Sanctuary is a gated-and-guarded eco-themed haven which emphasises green spaces and a healthy lifestyle. It features seven precincts and a commercial hub offering a curated line-up of residential and commercial properties including landed homes, mid to high-rise residences, shopoffices, a strip mall and an abundance of green spaces.

MRCB recognised a gain of RM144.9 million from the sale of Menara Shell, and RM56.1 million from the sale of a leasehold land to Mass Rapid Transit Corp Sdn Bhd during the quarter.