Stella gets shareholders’ nod to buy construction firm Pembinaan Teguh Maju
Stella Holdings Bhd received shareholders’ approval to buy construction firm Pembinaan Teguh Maju Sdn Bhd (PTM) in an extraordinary general meeting (EGM) on Thursday.
HIL Industries to buy KL land for RM47m cash in related party transaction
HIL Industries Bhd has proposed to acquire a three-acre piece of land in Kuala Lumpur for RM47 million cash to undertake a condominium development.
Raising OPR not an effective tool to strengthen ringgit, say economists
“About using OPR to defend the currency, it is probably not ideal, if I may say, [it is] not effective.”
Analysts maintain target prices for Axis REIT
PublicInvest Research and CGS-CIMB Research have kept their target prices (TPs) for Axis Real Estate Investment Trust (Axis REIT) unchanged, following its recently announced financial results for the third quarter ended Sept 30, 2023 (3QFY2023).
Pavilion REIT's 3Q net property income rises 34.5% with the newly-acquired Pavilion Bukit Jalil
Pavilion Real Estate Investment Trust's (Pavilion REIT) net property income (NPI) for the third quarter ended Sept 30, 2023 (3QFY2023) rose 34.5% to RM121.35 million, from RM90.22 million a year earlier, following the inclusion of income from newly-acquired Pavilion Bukit Jalil.
