Sentral REIT’s (KL:SENTRAL) net property income slipped 2.5% in the the second quarter, mainly due to lower rental income from Menara Shell, coupled with accounting adjustments under the Malaysian Financial Reporting Standard 16.
Developed by Kerjaya Property Sdn Bhd, Vox Residence is a freehold serviced apartment located along Jalan Sentul, Kuala Lumpur.
The Housing and Local Government Ministry (KPKT) does not provide special direct allocations to all state governments or related agencies for managing solid waste and clearing illegal dumpsites outside local authority areas.
Azam Jaya Bhd (KL:AZAMJAYA) has secured a three-year contract from the Ministry of Transport for upgrading works for Sabah’s Tawau Airport.
The upgrading works on Phases 2 and 3 of the Kelana Jaya Line signalling system, initially scheduled to begin on Aug 9, have been postponed to Sept 6.
The Sultan of Pahang, Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, on Wednesday increased his stake in Citaglobal Bhd (KL:CITAGLB) through the off-market acquisition of a 3.52% stake.
Magma Group Bhd's (KL:MAGMA) former executive chairman Datuk Seri Ismail @ Farouk Abdullah has ceased to be a substantial shareholder in the hotel management and property development company, following a stake trim.
Malayan United Industries Bhd (KL:MUIIND), or MUI, will be sealing a deal to sell Corus Hotel Kuala Lumpur to a publicly-listed property developer, according to sources.
Noteworthy:
When: March 2025
While shopping mall owners grapple with rising costs, KIP REIT (KL:KIPREIT) could stay resilient and offer an above-average distribution yield of 8%, according to Apex Securities.
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