News about Malaysia

KUALA LUMPUR (March 20): Demand for residential property is expected to rise after Malaysia’s 14th general elections, thus pushing up real estate transaction volume this year, said Savills Malaysia executive chairman Datuk Christopher Boyd.

CapitaLand Malaysia Mall Trust (March 19, 99 sen) Maintain outperform with a lower target price (TP) of RM1.

KUALA LUMPUR (March 20): The average yield for Malaysian real estate investment trusts (REITs) is now at its highest since 2016, which may prompt investors to wonder if it’s a good time to place their money in REITs.

KUALA LUMPUR (March 19): Malaysian Resources Corp Bhd (MRCB) is selling a 1.

  PETALING JAYA (March 19): The Chief Registrar’s Office (CRO) of the Federal Court has repudiated claims by the Malaysian Auctioneers Council president Mustafa Osman that the e-Lelong (e-Auction) system implementation was done without properly consulting the relevant stakeholders, reported Bernama.

PETALING JAYA (March 19): Co-working space operator CO3 Social Office Sdn Bhd (CO3) is collaborating with master planner and developer Medini Iskandar Malaysia Sdn Bhd (MIM) to build C03 Campus @ Medini 9, a 200,000 sq ft co-working space in Medini City that can accommodate up to 4,000 members.

KUALA LUMPUR (March 16): Perbadanan PR1MA Malaysia (PR1MA) is eyeing to launch affordable homes in Sabah with an estimated gross development value (GDV) of the RM7.

KUALA LUMPUR (March 15): Following the passing of its managing director Datuk Izham Yusoff, Bina Darulaman Bhd has appointed its group financial officer Fakhruzi Ahmad to manage its day-to-day business operations.

KUALA LUMPUR (March 15): JAKS Resources Bhd has proposed a placement to raise RM68.

KUALA LUMPUR (March 14): The Malaysia retail industry reported a modest growth rate of 3.