REITs not great alternative to cash, says Kenanga
The retail REIT sector is facing challenges from the recent increase in the sales and service tax (SST) to 8%, weak consumer spending, sustained elevated inflation, and fuel subsidy rationalisation.
G3 Global secures 30-year concession to develop migrant worker dorms in Maldives
The group said its wholly owned subsidiary Atilze Digital Sdn Bhd had on Wednesday received the letter of award from the Maldives Ministry of Homeland Security and Technology, granting Atilze Digital the exclusive rights to implement the National Integrated Migrant Workers Dormitory.
Aneka Jaringan bags RM53 mil sub-contract for construction project in Selangor
Aneka Holdings anticipates the sub-contract to contribute positively to the group's consolidated earnings and net assets for the financial years ending Aug 31, 2024 (FY2024) and FY2025, during the duration of the sub-contract.
Pesona Metro acquires 51% stake in property developer to diversify business
Following the acquisition, Pesona Metro said its new property development segment may contribute 25% or more of its net profit and potentially result in a diversion of 25% or more of its net assets moving forward.
En-bloc sale — grievances behind ‘successful’ Singapore stories
The National House Buyers Association (HBA) has time and again highlighted the ramifications and repercussions that will affect the house owners’ rights and interests, should the URA be enacted without 100% consent from all homeowners.
Govt to co-finance Johor-Singapore Special Economic Zone infrastructure with private sector, says Rafizi
Economy Minister Rafizi Ramli said this approach aims to prevent the government from repeating past mistakes and to mitigate the risk of wasting taxpayer money on infrastructure.
BNM keeps OPR at 3% as widely expected
“Going forward, exports are expected to be further lifted by the global tech upcycle given Malaysia’s position in the semiconductor supply chain, as well as continued strength in non-electrical and electronics goods.
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Gather Properties to launch iGen Elite Programme to nurture young agents
In its 10th anniversary celebration last week, the agency also signed a new MOU with EdgeProp to expand its market reach and sharpen its competitive edge.
Haily proposes one-for-one bonus issue with free warrants
The entitlement date for the bonus issue will be determined later, the group said, adding that the warrants' entitlement date will be announced after the completion of the bonus issue.
Annum secures RM53 mil contract to supply material, labour for office building construction
The two-year sub-contract was awarded by Iqzan's subsidiary Kacon Construction Sdn Bhd, said Annum in a bourse filing.
