Noteworthy:

• Rented
• Built up size: 882 sq ft
• 2 bedrooms, 2 bathrooms
• Fully-furnished
• Nearby amenities: convenience stores, LalaPort, Pavilion KL, KLCC,LRT Hang Tuah, LRT Bukit Bintang, MRT Merdeka,
• Accessibility:  MEX highway, SUKE highway, Ampang-Kuala Lumpur Elevated Highway (AKLEH)

When: September 2023

AME Real Estate Investment Trust (AME REIT) reported a net income of RM8.72 million for the second quarter ended Sept 30, 2023 (2QFY2024) on the back of a net property income of RM10.78 million. It continued to maintain 100% occupancy rates across its industrial properties.

CGS-CIMB has a 'double overweight' recommendation on the construction sector, owing to its higher confidence in the government's policy continuity.

Expanding its portfolio of investment properties, Kanger International Bhd has acquired 15 units of the proposed serviced apartments in Tower A of Antara Genting Highlands Resort Suites for RM19.77 million.

Tan Sri Abdul Rashid Abdul Manaf has ceased to be a substantial shareholder of Eco World Development Group Bhd (EWGB), according to a filing with Bursa Malaysia.

Noteworthy:

• Leasehold
• Land size: 64,000 sq ft
• Agricultural land
• Accessibility: MRR2, Karak Highway, Genting Highway

When: July 2023

The requests came from both international and local industry players in recent weeks.

Crescendo’s wholly owned unit Panoramic Industrial Development Sdn Bhd entered into agreements for the disposals with STT GDC Malaysia 2 Sdn Bhd, a data centre operator wholly owned by Singapore-incorporated STT Malaysia DC Pte Ltd.

This is in addition to a special review by two law firms — Samir Sumathi Fernando & Co (SSF & Co) and Benjamin Dawson (BD) — commissioned by the group’s management.

The research house said the Chinese steel industry is at a crossroad, as both production and consumption of crude steel have been steadily declining from the 2020 peak.