Sunway’s Unit Acquires Freehold Land In KL For RM320 Mln

KUALA LUMPUR, Sunway Bhd’s wholly-owned subsidiary, Sunway Melawati Sdn Bhd, has entered into a sales and purchase agreement with Viva Impian Sdn Bhd (VISB) to acquire a parcel of land for RM320 million in Cheras, here.

In a statement today, the gro…

Petronas Job Set To Add Up To RM120 Mln To MISC’s Core Net Profit – CIMB Securities

KUALA LUMPUR, CIMB Securities Sdn Bhd expects the latest MISC Bhd’s liquefied natural gas (LNG) carriers construction contracts from Petronas to contribute RM47 million – RM120 million to its core net profit from the financial year 2027 (FY2027).

Th…

Malaysian Govt leads In BPAM 3Q 2024 Bond League Tables With RM55.68 Bln Issuance

KUALA LUMPUR, The Malaysian government has been named the overall top bond issuer in Bond Pricing Agency Malaysia Sdn Bhd’s (BPAM) Bond League Tables reports for the third quarter (3Q) of 2024, with a total issuance of RM55.68 billion.

The governmen…

PropertyGuru Supports KPKT’s Madani Deposit Scheme To Boost Home-ownership Among First-time Buyers

KUALA LUMPUR, PropertyGuru Malaysia has given full support to the Housing and Local Government Ministry’s (KPKT) suggestion on the MADANI Deposit scheme in the upcoming Budget 2025.

Its country manager Kenneth Soh said the initiative displayed a cle…

Bursa Malaysia Closes Lower On Concerns Over Middle East Tension

KUALA LUMPUR, Bursa Malaysia retreated from yesterday’s gain to close lower today in line with regional bourses as emerging concerns over the Middle East prompted selling activities across the board, an analyst said.

Public Bank and CIMB Group led t…

Philippines Poised To Become Aviation Hub In Asia By 2028

MANILA, The Philippines aviation industry is on the cusp of a significant transformation, and is poised to become an aviation hub in Asia by 2028, lifted by its airport privatisation initiatives and the completion of its new airport.

Department of T…

KIP REIT Secures Approval For RM320 Mln Acquisition Of DPulze Shopping Centre

KUALA LUMPUR, KIP Real Estate Investment Trust (KIP REIT) has secured shareholders’ approval to acquire DPulze Shopping Centre in Cyberjaya for RM320 million.

The real estate investment company also received approval for a private placement of up to…