Singapore-listed Starhill Global REIT’s manager YTL Starhill Global REIT Management Ltd said although the recent roll-out of Covid-19 vaccines is positive for a global recovery, the property trust remains cautious as vaccine deployment, the reopening of borders and return of consumer confidence will take time.

According to Starhill Global REIT’s website, YTL Starhill Global REIT Management Ltd is a wholly-owned subsidiary of YTL Starhill Global REIT Management Holdings Pte Ltd, which is in turn an indirect subsidiary of YTL Corp Bhd.

RHB Institute Research said it continues to like IGB REIT for its solid recovery prospects upon mass vaccinations and the broad reopening of the economy as well as considering its fully tenanted retail assets, strategic rental structure, and largely domestic shopper profile. The local research house kept its "buy" call on the REIT with an unchanged target price (TP) of RM1.95. 

At an appropriate time, Star Media will consider the possibility of developing real estate projects for the next cycle of growth in the property development industry to increase investment yield, Chor said in the company’s latest annual report, which was filed with Bursa Malaysia yesterday.

"The board wishes to announce that MREC had vide its letter dated April 23, approved the said Phase III Clinical Trial study to be carried out in Malaysia involving 3,000 subjects," the group said in a bourse filing yesterday.

At present, six states are still under the Conditional MCO, namely Selangor, Kuala Lumpur, Johor, Penang, Kelantan and Sarawak, while 10 other states and federal territories are under Recovery MCO.

Education Minister Datuk Dr Mohd Radzi Md Jidin said PdPR will begin from May 16 to 27 for schools under first category, while schools under the second category will start from May 17 to 28.

... largely due to lower car park income and higher allowance for impairment of trade receivables as a result of Covid-19.

... to build a sea link between Jalan Gurney and the Seri Tanjung Pinang (phase two) development.

The company said it constantly evaluates various proposals or initiatives, including those that it may receive from other parties, as part of its continuous efforts to enhance shareholder value.