RHB Retail Research said Capitaland Malaysia Trust is in the process of consolidating sideways above the 21-day average line, with improved trading volume seen on Thursday (June 9) – forming a “higher low” bullish pattern.

RHB Retail Research said Axis REIT is set to reclaim its historical high after rebounding above the previous breakout level of RM1.92 following the recent pullback – firming up its bullish bias above the breakout level.

The draft Ampang Jaya Municipal Council Local Plan 2035 (RT MPAJ) was unveiled on May 30. It will be on public display until June 29 for stakeholders to send in their objections, if any.

The company has chosen Penang as its next outlet location as there has been a missing opportunity in the northern state, Cheah was cited saying, noting that the Mitsui Outlet has been gaining traction in the past years from mid-income earners.

In a statement, Hap Seng Consolidated's chairman Thomas Karl Rapp said, "We are pleased to announce the first Marriott Executive Apartments in Kuala Lumpur, and more importantly, to add another exciting project to our growing hospitality portfolio in Malaysia."

According to GSH, works were to be completed by Dec 2021 but merely 45% completed for now, and NTSJ had received claims of around RM9 million by its subcontractors and suppliers.

This comes after Aspen Group ventured into glove-making business in August 2020 and set up its glove manufacturing plant at Kulim Hi-Tech Park in Kedah. Its glove unit is operating under the name Aspen Glove Sdn Bhd (AGSB), which is a joint venture between Aspen Group and CMY Capital Sdn Bhd, an investment holding company founded by businessman Tan Sri Chua Ma Yu.

In a statement, Tropicana's managing director of marketing and sales division, Joanne Lee said: “Malaysia is on track for recovery, where residential property volume and value transactions are up 3.9% and 16.7%, and shoppers are more eager to shop and dine out again. We introduced this campaign as a way of giving back to our property purchasers and retail customers, and as a timely measure, in line with this demand.”

Noteworthy:

• Freehold

• Built-up: 1,078 sq ft

• Semi-furnished

• Two bedrooms, two bathrooms

• Facilities: 58m infinity pool, Jacuzzi, kid’s pool, sauna and steam room, gym, dance studio, barbecue terrace, outdoor lounge, and function room with outdoor terraces

• Amenities: Pavilion KL shopping mall, Bukit Bintang shopping belt, Suria KLCC and Prince Court Medical Centre 

When: April 2022