KUALA LUMPUR (Dec 21): RHB Retail Research said Iskandar Waterfront City Bhd is poised for a positive rebound after bouncing off the 21-day simple moving average line, testing the 67 sen immediate resistance level. In a trading stocks note on Thursday, the research house said that if it manages to surpass that level, the bullish…
Read MoreKUALA LUMPUR (Dec 20): RHB Retail Research said Eastern & Oriental Bhd is set for an uptrend reversal after undergoing a breakout above the 59 sen level on Tuesday on improving trading volume above the 21-day simple moving average line. In a trading stocks note on Wednesday, the research house said that if the breakout…
Read MoreKUALA LUMPUR (Dec 19): The Federal Land Development Authority (Felda) is exploring new models in addressing the housing challenges faced by the new generation in the settlement schemes. Its chairman, Datuk Seri Ahmad Shabery Cheek, said this includes proposals for the construction of stratified housing outside Felda areas and large-scale housing compared to individual lots…
Read MoreLee (second from left) and Loo (second from right) shake hands while holding the agreement documents as Wong (left) and Yap look on. Property developer SkyWorld Development Bhd (SkyWorld) is partnering with Universiti Malaya (UM) to develop an Application Programming Interface (API) to enhance the property development sector’s data integration ecosystem. Both parties signed a…
Read MoreKUALA LUMPUR (Dec 19): The wearing of face masks on public transport is not compulsory for now, but it is encouraged following the recent spike in Covid-19 cases in the country, said Transport Minister Anthony Loke Siew Fook. “Any policies or rules regarding face mask usage can only be established by the Ministry of Health…
Read MoreKUALA LUMPUR (Dec 19): IGB Real Estate Investment Trust (IGB REIT) announced the passing of its joint chief operating officer Daniel Yong Chen-I on Tuesday, due to a sudden cardiac arrest. Yong, a law graduate from the University of Bristol, England, had been an integral part of Mid Valley City Sdn Bhd (MVC) since 1999,…
Read MoreKUALA LUMPUR (Dec 15): Impiana Hotel Bhd has changed its company name to Magma Group Bhd effective immediately, its Bursa Malaysia filing on Friday showed. Notably, Impiana Hotel was in the spotlight in August this year after it saw Datuk Seri Lee Hock Seng and his spouse Datin Seri Joanne Yew Hong Im emerge as…
Read MoreKUALA LUMPUR (Dec 15): Country Heights Holdings Bhd said MBSB Bank Bhd is seeking to sell two pieces of land belonging to its subsidiaries through a public auction over the subsidiaries’ default on the payment of Islamic term financing facilities. In a bourse filing on Friday, Country Heights said MBSB is seeking the High Court’s…
Read MoreKUALA LUMPUR (Dec 17): Iron piles are being installed at the site of the landslide in Jalan Wawasan, Puchong, here, yesterday, to prevent further soil movement in the area. Serdang District Police Chief ACP A. A Anbalagan said work to install the 375 iron piles in the 150-meter area started at 4 am today. “In…
Read MoreKUALA LUMPUR (Dec 18): Bersatu’s Masjid Tanah MP Datuk Mas Ermieyati Samsuddin (pictured) has come under fire for insinuating that the newly revamped Malaysia My Second Home (MM2H) programme will give automatic permanent residency to applicants from China. In a report by The Star, Tourism, Arts, and Culture Minister Datuk Seri Tiong King Sing (pictured)…
Read More
