MRMA said the 16 proposals by SC will expand the scope of permissible activities, significantly enhance corporate governance on Malaysia’s REITs (M-REITs) disclosure and streamline the efficiency in post-listing requirements.
RHB Banking Group cut its base rate (BR) from 3.8% to 3.65% per annum and reduced its base lending rate (BLR) and base financing rate (BFR) from 6.75% to 6.6%. The revision followed an earlier cut on Bank Negara Malaysia's recent decision to reduce the overnight policy rate (OPR) from 3.25% to 3%.
Aspen chief executive officer Datuk M Murly said all the formalities for the RTO process have been completed.
The proposed bonus issue entails the issuance of 88 million bonus shares on an entitlement date to be determined and announced later. In a filing with Bursa Malaysia yesterday, Hua Yang said the exercise will also potentially improve the liquidity and marketability of Hua Yang shares, and is expected to be completed in the second half of 2016.
In a filing to Bursa Malaysia today, it said Amcorp Horizon Sdn Bhd (formerly known as Cemara Harapan Sdn Bhd) has signed an agreement with Grosvenor Europe Investments Ltd (GEIL) and its manager, Grosvenor Fund Management Spain, SLU.
On June 20, Sunway REIT announced the proposed acquisition of a tract of land, measuring 143,225 sq ft (13,306 sq m), that is adjacent to Sunway Carnival from its parent Sunway Bhd for RM17.2 million cash.
CZBUCG chairman says his statement a ‘miscommunication’.
The expected influx of high-rise residential units, partly due to more launches of affordable homes, is likely to put a cap on prices in Penang in the next few years.
Argues that without free flow of imports, prices of bars may be uncontrollable.
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