IGB REITs bring former CFO Chai Lai Sim out of retirement as new CEO
Chai, 64, will be appointed chief executive officer of IGB REIT and IGB Commercial REIT effective May 2, 2025.
Lee Chong Wei among Magma's newly emerged substantial shareholders after land deal
This follows the allotment of shares by Magma to fund the RM80 million acquisition of land in the Persiaran Dutamas area of Kuala Lumpur from Skyload Express Sdn Bhd — a company linked to Magma’s executive chairman and major shareholder Datuk Seri Lee Hock Seng.
EdgeProp YouthFest 2025: Investment is about preserving wealth, not making quick profits
Another young investor also shared insights on how Gen Z is redefining luxury, explaining that it’s now about making conscious spending choices rather than focusing on designer items.
Axis REIT 1Q income jumps on new acquisitions, tenancies and rental rates
Quarterly earnings per unit rose to 2.
IGB REITs report higher 1Q earnings but warn of challenges ahead
The two REITs, which run malls and office buildings, said economic uncertainty and possible fuel subsidy cuts may lower mall spending and hurt tenants, while office space faces too much supply and demand for newer buildings.
AME REIT posts slight rise in 4Q property income, to pay 1.83 sen per unit
NPI for the fourth quarter ended March 31, 2024 (4QFY2025) rose 1.
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SCIB clarifies suit against developer Awana JV over scrapped Perak project still on
The clarification came after the group announced via a bourse filing on Tuesday that it had filed a notice of discontinuance for the suit, which has been consolidated under a main suit.
Taman Seputeh terrace house sold for RM3.2m | DONE DEAL
Valencia Sungai Buloh bungalow sold for RM4.
YouthFest 2025: How can you begin your property investment journey without your parents’ money?
EdgeProp Malaysia’s YouthFest 2025 spotlighted young property investors who have embarked on their journeys despite the perceived age and income barrier.
