Stronger y-o-y rental income growth likely for IGB REIT for 3Q
IGB Real Estate Investment Trust (July 18, RM1.
Both IGB REIT assets expected to continue to perform well
GB Real Estate Investment Trust (July 16, RM1.
Penang shuts 23 premises over HFMD outbreak
PETALING JAYA (July 16): Penang has closed 23 premises over an outbreak of hand, foot and mouth disease (HFMD) over the state which has left 15 people hospitalised, reported Malay Mail.
Student falls to death from hostel balcony
PETALING JAYA (July 16): A student studying at the Dengkil campus of Universiti Teknologi Mara (UiTM) plunged to his death from the fourth floor of a hostel building yesterday, reported Bernama.
New guideline of allowing REITs to engage in property development a sector catalyst
Real estate investment trust sector Maintain neutral: We maintain “neutral” rating on the real estate investment trust (REIT) sector given the general oversupply situation but this should be offset by the appeal of REITs given the current uncertain equity markets.
Water tank at school bursts, damages cars
PETALING JAYA (July 11): A water tank on an 18m-tower at a school in Maran, Terengganu, burst and collapsed this morning, damaging three cars parked nearby, reported Bernama.
Nawawi to resign as KTMB chairman by end of this month
KUALA LUMPUR (July 11): Datuk Nawawi Ahmad has said that he will resign as chairman of Keretapi Tanah Melayu Bhd (KTMB) by the end of this month, reported Bernama yesterday.
Perak plans to temporarily close public access to Gua Tambun stone age art
PETALING JAYA (July 10): The Perak government plans to temporarily shut off public access to Gua Tambun and its trove of Neolithic-age hematite rock art due to dangerous and poorly-maintained routes to the site, reported the Malay Mail.
Buyers of Johor private lease scheme project sue developer
PETALING JAYA (July 10): The buyers of a property development on a private lease scheme in Medini Iskandar, Johor, are taking the developer to court over its failure to issue them individual strata titles for their units.
Many work-related casualties occur at construction sites, says Johor DOSH
PETALING JAYA (July 10): The Johor Department of Occupational Safety and Health (DOSH) has called on construction companies in the state to be more proactive about the safety conditions of their workers.
