Editor's Pick

Rob Lowe’s Montecito home has a new owner – Adam Levine

Among the latest, Levine and his wife, South African supermodel, Behati Prinsloo, have picked up American actor, producer, director, and podcaster Rob Lowe’s former family home in Montecito, California, USA, says TopTenRealEstateDeals.com.

Kawan Food buys land in Selangor to build second manufacturing facility

Kawan Food said it intends to build a second manufacturing facility for its operations on the proposed site. It plans to expand its cold room facility to include a warehouse and cold chain distribution for in-house and external products, equipped with new technology such as robotic automated warehouse to cater for frozen, chilled and ambient food products.

Pan Borneo Highway: Works Ministry hopes no more delays, says Arthur

He acknowledged that the implementation of the Movement Control Order (MCO) to curb the spread of the Covid-19 pandemic was one of the main reasons that caused the delay in the highway's construction, thus resulting in delays to the maintenance of several roads in the Pan Borneo alignment.

RHB Research upgrades S P Setia to 'buy', raises target price to RM1.48

The research house's analyst Loong Kok Wen said in a note that degearing is now management’s top priority, and she believes the handover of a few projects in Melbourne and Singapore, as well as the potential completion of some land disposals, will help reduce the group’s net gearing to 0.51 times to 0.53 times by year end from the current 0.61 times (including non-controlling interests).

Luxchem to acquire Block N at Jaya One for RM19.88 mil

According to Luxchem’s bourse filing, Luxchem Trading Sdn Bhd (LTSB), a wholly-owned subsidiary of the company, has entered into a sale and purchase agreement (SPA) with Worldwide Emergency Assistance (Malaysia) Sdn Bhd to purchase the whole of Block N at Jaya One, Petaling Jaya.

KIP REIT 3Q NPI up 5.9% to RM14.5 mil, declares DPU of 1.60 sen

In a Bursa Malaysia filing on Wednesday (April 20), the REIT said its revenue increased by 4.7% to RM18.83 million compared with RM17.99 million, supported by lower rental rebate amortisation and better promotional area income as a result of the further relaxation of the standard operating procedures during the quarter compared with a year ago.