Sustainable development is inevitable By Yanika Liew In the Malaysian real estate market, institutional investors such as mutual funds, insurance companies, sovereign welfare and real estate investment trusts (REITs) significantly influence market action. They have a hand in fueling economic growth through the injection of capital into all sectors, from commercial, residential industrial, to hospitality….
Read MoreKUALA LUMPUR (April 4): Malaysia is running for the United Nations Human Settlement Programme (UN-Habitat) Assembly presidency for the 2026-2029 term. Housing and Local Government Minister Nga Kor Ming (pictured) said the ministry has been tasked to make all necessary preparations towards achieving the goal. “The Cabinet has decided that the Ministry of Housing and…
Read MoreKUALA LUMPUR (April 5): Apex Securities Bhd has initiated coverage on Matrix Concepts Holdings Bhd with a “buy” rating at RM1.82 and target price of RM2.14, based on a discount rate of 20% to the research house’s revalued net asset value (RNAV). In a note on Friday, Apex Securities said it was optimistic about Matrix’s…
Read MoreThe prospect of foreign property ownership is an aspiration for many Malaysians. An increasing number of Malaysians are extending their house-hunting endeavours beyond the nation’s borders in search of more housing options. Presently, the United Kingdom (UK) stands as the top choice for Malaysians seeking to invest in real estate overseas. There is no…
Read MoreKUALA LUMPUR (April 5): Renowned for its unwavering commitment to customer satisfaction and cutting-edge strategies, The Roof Realty (TRR), continues to set the standard for top-tier agencies in the country. At the recent signing of the Memorandum of Understanding (MoU) with EdgeProp, TRR founder and group managing director Datuk Wira (Dr) Nicholas Yap, emphasised the…
Read MoreTNB’s role in an energy-efficient future By Yanika Liew If city dwellers today consider city life hectic, increased urbanisation of the future will make the speed at which humans live almost unimaginable. Cities around the world are expected to be more urbanised as people move to cities in favour of better prospects, leading to increased…
Read MoreKUALA LUMPUR (April 4): RHB Retail Research said Bina Darulaman Bhd is poised to resume its uptrend after Wednesday’s retreat from the recent breakout — maintaining above the rising 21-day simple moving average (SMA) line. In a trading stocks note on Thursday, the research house said that if it manages to reclaim the 42.5 sen…
Read MoreKUALA LUMPUR (April 4): Shares in Gamuda surged to a new all-time high on Thursday, as CIMB Securities flagged the company’s potential to secure another two data centre projects, including the AIMS Cyberjaya Block 3. Gamuda edged up as much as 1.4% or seven sen to RM5.33. The stock was last at RM5.32 at the…
Read MoreKUALA LUMPUR (April 4): Amanah Hartanah Bumiputera (AHB) has declared an interim income distribution of 2.50 sen per unit for the six-month period ended March 31, 2024, payable on April 15. AHB, Pelaburan Hartanah Bhd (PHB) and Maybank Asset Management Sdn Bhd said in a joint statement on Thursday that this distribution includes a basic…
Read MoreKUALA LUMPUR (April 2): Construction firm Nestcon Bhd has proposed to diversify its existing business operations to include renewable energy (RE), aiming to bolster future earnings and expand the group’s income stream. In a bourse filing on Tuesday, Nestcon disclosed plans to diversify operations, including engineering, procurement, construction and commissioning (EPCC) of solar photovoltaic (PV)…
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