News by thedgemarkets.com

“Sunway REIT is our top pick for the REIT sector underpinned by: (i) its diversified investment portfolio which encompasses retail malls, hotels, offices, a university, and hospitals that spread across Malaysia; (ii) strong occupancy rates which have exceeded 90% in retail assets; and (iii) stable rental income generated from the services and industrial segments,” the research house said while maintaining its fair value for the stock at RM1.66. 

A spokesman for Causeway Link told the daily that demand is high but the Malaysian bus operator is not allowed to release more tickets, as stipulated by the government.

Chin Hin Group Property Bhd (CHGP) rose as much as 1.5 sen or 1.71% to a high of 89 sen on Monday morning, after the group announced plans to acquire a 60% stake in construction firm Makna Setia Sdn Bhd for RM9 million cash to diversify into the infrastructure construction industry.

Rosli told the High Court that Low left Malaysia through Sultan Abdul Aziz Shah Airport on May 29, 2015, while Nik Faisal left the country through KLIA on May 7 last year, two days before the 14th General Election, which saw the country change its government.

The ministry said this is to protect the nation's sovereignty and ensure failure of such schemes do not recur.