Main Market-bound Paradigm REIT Aims To Raise RM560 Mln From IPO

PETALING JAYA, May 16 (Bernama) -- Main Market-bound Paradigm Real Estate Investment Trust (Paradigm REIT) aims to raise RM560 million from its initial public offering (IPO).

Anaqua Acquires RightHub In Push For Global Growth

KUALA LUMPUR, May 16 (Bernama) -- Anaqua, an innovation and intellectual property (IP) management technology provider, has announced its acquisition of RightHub, an IP management software and services provider, to accelerate global growth.

Bursa Malaysia Ends Lower On Profit-taking  

By Anas Abu Hassan

KUALA LUMPUR, May 15 (Bernama) -- Bursa Malaysia retreated from yesterday's gains to close in negative territory on Thursday as broad-based profit-taking following the recent uptrend mirrored the performance of most regional markets, an analyst said.

AM Best Sees Steady Performance In Philippine Non-Life Insurance Segment

KUALA LUMPUR, May 15 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook for the Philippine non-life insurance market, citing robust growth prospects, stabilised reinsurance capacity, and a favourable economic environment as key supporting factors.

Urban Renewal Act Offers Significant Benefits, Overhang Remains A Concern -- Propertyguru Malaysia

By Durratul Ain Ahmad Fuad and Nur Atiq Maisarah Suhaimi

KUALA LUMPUR, May 14 (Bernama) -- The Urban Renewal Act, expected to be tabled in Parliament this July, could bring significant benefits such as preserving heritage, revitalising communities and generating economic impact, said PropertyGuru Malaysia country manager Kenneth Soh. 

Late Buying Lifts Bursa Malaysia To Close Marginally Higher

By Anas Abu Hassan

KUALA LUMPUR, May 14 (Bernama) -- Bursa Malaysia reversed earlier losses to close in positive territory today, with the benchmark index edging higher on late buying across the board, supported by above-average trading volume which reflected renewed market sentiment, an analyst said.

PM Attends Roundtable Meeting With Russian Industry Players

From Sharifah Hunaini Syed Ismail

MOSCOW, May 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim continued the agenda of his second day of official visit to Russia by attending a roundtable meeting with industry leaders of the Russian Federation.

PropertyGuru Survey Reveals 77 Pct Of Malaysians Consider Climate Risks When Buying Homes

KUALA LUMPUR, May 14 (Bernama) -- Data from PropertyGuru’s 2024 survey revealed that 77 per cent of Malaysians consider climate risks when purchasing a home.

VHB Issues First RM114 Mln Green Sukuk Wakalah Under RM2 Bln Programme

KUALA LUMPUR, May 13 (Bernama) -- Visionary Heritage Bhd (VHB), a special purpose vehicle sponsored by ISP Holding Sdn Bhd, has completed the inaugural issuance of the RM114 million ASEAN Green Sukuk Wakalah under its RM2 billion sustainability industrial asset-backed securitisation (ABS) sukuk wakalah programme.

Bursa Malaysia Hits Over Two-Month High On Trade Optimism

By Siti Noor Afera Abu

KUALA LUMPUR, May 13 (Bernama) -- Bursa Malaysia extended its upward momentum on Tuesday, soaring 2.32 per cent to a more than two-month high, buoyed by renewed risk-on sentiment as the United States (US) and China took significant steps to de-escalate trade tensions over the weekend.

Bursa Malaysia Ends Higher In Line With Regional Markets

By Zarul Effendi Razali

KUALA LUMPUR, May 9 (Bernama) -- Bursa Malaysia maintained its positive momentum to end higher today, supported by persistent buying in selected heavyweights, in line with the regional market uptrend, an analyst said. 

LREIT Posts Strong Q3 Rental Reversions

KUALA LUMPUR, May 9 (Bernama) -- Lendlease Global Commercial REIT (LREIT) reported a positive rental reversion of 10.4 per cent for its retail portfolio in the third quarter (Q3) ended March 31, 2025, with a healthy tenant retention rate of 87.9 per cent by net lettable area (NLA), despite a softer retail climate.