SkyWorld acquires 1.3-acre land in Ho Chi Minh City for RM68m
SkyWorld Development (Vietnam) Company Ltd, a wholly owned subsidiary of SkyWorld Development Bhd, is acquiring 1.3 acres (0.53 hectare) of land in Ho Chi Minh City, Vietnam.
BNM keeps OPR at 3%, sees inflation moderating in 2H
Bank Negara Malaysia (BNM) has decided to keep the overnight policy rate (OPR) at 3%, amid robust domestic demand supported by strong labour market conditions.
Lee Hock Seng takes on director role at Impiana Hotels, set to be deputy exec chairman
Impiana Hotels Bhd has appointed Datuk Seri Lee Hock Seng as its executive director effective Wednesday, and will subsequently designate Lee as its deputy executive chairman.
Aneka Jaringan plans another private placement to fund projects
Just over a month after completing a private placement exercise earlier this year, Aneka Jaringan Holdings Bhd has proposed to undertake another such cash call to raise RM15.51 million to fund its ongoing construction projects.
RHB IB remains upbeat on construction sector, names Gamuda, Sunway Construction and Kerjaya Prospek as top picks
RHB Investment Bank (RHB IB) Research has maintained its "overweight" rating on the construction and engineering sector and said it remains upbeat on the construction sector, premised on the lifting of the political overhang post state elections.
YTL Hospitality REIT buys Stripes hotel for RM138m cash in related party deal
YTL Hospitality Real Estate Investment Trust (YTL Hospitality REIT) is acquiring Hotel Stripes Kuala Lumpur, Autograph Collection for RM138 million cash, in a related party transaction (RPT).
Paramount Corp plans to launch property projects worth RM700m in 2H
Paramount Corp Bhd said it expects to report stronger earnings for the second half ending Dec 31, 2023 (2HFY2023), driven by new launches and ongoing efforts to improve its return on assets.
TA Securities positive on CapitaLand Malaysia Trust’s disposal of 3 Damansara Office Tower
TA Securities is positive on CapitaLand Malaysia Trust’s (CLMT) disposal of the lowly occupied 3 Damansara Office Tower in Petaling Jaya, Selangor.
Pavilion REIT signs deals to power Pavilion KL, Intermark and Pavilion Bukit Jalil with RE
Pavilion Real Estate Investment Trust (Pavilion REIT) plans to purchase renewable energy (RE) under the Corporate Green Power Programme (CGPP) to power its malls.
Bursa quizzes Lion Industries over RM92 mil land disposal
Lion Industries Corp Bhd’s proposed RM92.03 million land disposal announced on Sunday has raised questions from Bursa Securities.
