Kenanga Research downgrades sector call on REITs to ‘neutral’
Kenanga Research has downgraded its sector call on real estate investment trusts (REITs) to “neutral” from “overweight”.
Kenanga Research has downgraded its sector call on real estate investment trusts (REITs) to “neutral” from “overweight”.
Tenaga Nasional Bhd (TNB) (KL:TENAGA), Malaysia's largest utility company, views data centres as highly attractive customers for its infrastructure projects, offering excellent returns on investment (ROI).
Former Federal Land Development Authority (Felda) chairman Tan Sri Shahrir Samad has filed an application to disqualify the law firm of Messrs Lee Hishammuddin Allen & Gledhill (LHAG) from representing Felda and its subsidiary Felda Investment Corporation Sdn Bhd (FIC) in its RM2 billion suit against him and 28 others, in relation to the KL Vertical City (KLVC) project.
Malaysia's property sector will be mainly driven by the completion of mega infrastructure projects and the transition to new technologies this year, according to CBRE | WTW group managing director Tan Ka Leong at the media launch of the real estate consultancy's 2025 Market Outlook Report earlier on Thursday.
Practice Note 17 (PN17) company Annum Bhd (KL:ANNUM) has appointed Messrs LTTH PLT as its auditor, effective Wednesday.
Aeon Co (M) Bhd (KL:AEON) announced on Wednesday that the High Court has granted the company a conditional stay of the judgment issued on Dec 16, 2024, which found Aeon in breach of a tenancy agreement with Betanaz Properties Sdn Bhd, a 51%-owned subsidiary of Ahmad Zaki Resources Bhd (KL:AZRB).
Iskandar Investment Bhd (IIB) reaffirmed its commitment to collaborating with stakeholders, including government agencies and international partners, to ensure the success of the Johor-Singapore Special Economic Zone (JS-SEZ).
Competitive pressures within the data centre sector may pose a threat to smaller players with limited resources from gaining a foothold, especially in more saturated key markets such as Johor, said BMI.
Construction and property firms would be the first beneficiaries of the Johor-Singapore Special Economic Zone (JS-SEZ) that will require everything from utilities to warehouses, and from houses to offices.
Investors in the Johor-Singapore Special Economic Zone (JS-SEZ) are eligible for a suite of incentives, including a special corporate tax rate that takes effect on Jan 1, the Finance Ministry said on Wednesday.