Ekovest signs tripartite MOU with Chinese parties to explore cross-border collaboration
Ekovest Bhd has signed a tripartite memorandum of understanding (MOU) with China-based parties to explore cross-border socio-economic strategic collaboration.
IGB Commercial REIT reports marginal increase in 2Q property income, plans 1.74 sen distribution per unit
IGB Commercial Real Estate Investment Trust, the country's largest standalone office REIT by net lettable area, reported a marginal 3% increase in its net property income for its second quarter ended June 30, 2023 (2QFY2023) to RM31.11 million from RM30.08 million a year ago, as it recorded higher revenue on higher occupancy rate.
IGB REIT's 2Q net property income drops 2.76%, declares 2.37 sen DPU
IGB Real Estate Investment Trust’s (REIT) net property income (NPI) for the second quarter ended June 30, 2023 (2QFY2023) fell 2.76% to RM102.79 million, from RM105.72 million a year ago, due to higher utility expenses and higher reversal for impairment of trade receivables in the same period last year.
KLIA Ekspres train frequency raised to every 20 minutes starting Aug 1
Come Aug 1, KLIA Ekspres trains that connect KL Sentral to KLIA Terminal 1 and 2 will run every 20 minutes every day, including national holidays, said its operator Express Rail Link Sdn Bhd (ERL).
Ideal Property Group inks deal with lithium battery maker to develop Penang Technology Park
Penang-based Ideal Property Group has inked a memorandum of understanding with lithium battery separator industry player ShenZhen Senior Technology Material Co Ltd to develop Penang Technology Park (PTP)@ Bertam.
SCP Property’s first build-then-sell SoHo project in Desa Sri Hartamas over 60% sold following official launch this month
SCP Property Services Sdn Bhd’s first build-then-sell project, Societe in Desa Sri Hartamas, is more than 60% sold following its official launch on July 15.
Econpile wins RM43m substructure works contract for serviced apartment in Bukit Jalilcon
Econpile Holdings Bhd has won a contract worth RM43.38 million to undertake substructure works for a serviced apartment in Bukit Jalil, Kuala Lumpur.
Sime Darby announces demise of its director Wan Selamah
The group announced this in a "change in boardroom" filing with Bursa Malaysia on Tuesday (July 25).
CLMT’s 2Q NPI rises 52% on contribution from newly acquired Queensbay Mall, higher rental income
Capitaland Malaysia Trust (CLMT) recorded a second quarter net property income (NPI) of RM56.8 million, 51.8% higher than RM37.4 million a year earlier, boosted by contribution from the newly acquired Queensbay Mall as well as higher rental income.
CapitaLand Malaysia expects strong consumer spending to support growth momentum for remaining of FY2023
CapitaLand Malaysia Trust (CLMT) expects its earnings momentum to sustain in the second half of this year, bolstered by strong consumer spending and positive rental reversion coupled with contributions from newly acquired assets.
