News about Malaysia

KUALA LUMPUR (Oct 5): Malaysian Resources Corp Bhd (MRCB) shares fell as much as four sen or 4% as the builder and property developer's new rights shares start trading today.

KUALA LUMPUR (Oct 5): Sime Darby Bhd’s plantation and property arms have received the Securities Commission Malaysia's (SC) approval for the classification of their shares as syariah-compliant securities.

KUALA LUMPUR (Oct 4): Investment banks (IB) should not take a short-term view on a property lending guideline, introduced in 1997, as it is still relevant today, said Bank Negara Malaysia.

KUALA LUMPUR (Oct 3): Tropicana Corp Bhd has redesignated its executive director, 27-year-old Dion Tan, the son of founder and largest shareholder Tan Sri Danny Tan Chee Sing who has a 30.

KUALA LUMPUR (Oct 2): Sime Darby Bhd said it has novated its rights and obligations under its Islamic debt papers programmes to its property development arm, Sime Darby Property Bhd.

KUALA LUMPUR (Sept 29): Amcorp Properties Bhd (AmProp) plans to raise up to RM597.

KUALA LUMPUR (Sept 28): SYF Resources Bhd said its fourth quarter net profit fell 43.

KUALA LUMPUR (Sept 28): Damansara Realty Bhd has secured the renewal of five contracts from Telekom Malaysia Bhd for integrated facilities management (IFM) services worth RM5 million.

PETALING JAYA (Sept 27): Eco World Development Group Bhd (EcoWorld) will be unveiling its first business park development in the Klang Valley, Eco Business Park V (EBP V), this Saturday (Sept 30).

KUALA LUMPUR (Sept 26): PRG Holdings Bhd said the Stock Exchange of Hong Kong Limited (HKEX) has given its nod to the group to list its manufacturing business Furniweb Holdings Ltd (Listco) on the latter’s Growth Enterprise Market (GEM).