Paradigm REIT Eyeing Three Hotels, KLIA Gateway
KUALA LUMPUR, June 10 -- Paradigm Real Estate Investment Trust (Paradigm REIT), a local real estate investment trust, plans to acquire three hotels and a commercial gateway over the next three years.
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Asset Recycling, Acquisitions To Drive Malaysia's REIT Sector In 2H 2025 -- Maybank Investment
KUALA LUMPUR, June 10 (Bernama) -- Maybank Investment Bank Bhd expects catalysts, such as asset recycling and new acquisitions, to support the Real Estate Investment Trust (REIT) sector in the second half of 2025 (2H 2025), as management across the sector maintains a cautiously optimistic outlook.
Targeted Revision Of Sales Tax Rate, Expansion Of Service Tax Scope Effective July 1, 2025
KUALA LUMPUR, June 9 (Bernama) -- The Ministry of Finance has issued a statement on the implementation of revised Sales Tax (ST) rates and expanded scope of the Service Tax effective July 1, 2025. The aim is to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.
Malaysia Emerges As A Strategic Southeast Asian Hub For Resilient, Future-ready Workspaces
KUALA LUMPUR, June 5 (Bernama) -- Malaysia is increasingly recognised as a key beneficiary of the global real estate transformation, as multinational corporations seek to align their real estate portfolios with operational resilience, sustainability and future-ready workspaces.
Samaiden Signs Long-Term Lease For Solar Project In Kelantan
KUALA LUMPUR, May 28 (Bernama)— Samaiden Group Bhd’s (Samaiden) wholly-owned unit, Samaiden Legasi Timur Sdn Bhd (SLTSB), has signed a long-term lease agreement with Perbadanan Kemajuan Iktisad Negeri Kelantan (PKINK) for the development of a large-scale solar photovoltaic (LSS) power plant under Malaysia’s LSS5 programme.
Govt Will Ensure Telcos Provide Good Services - Fahmi
KUALA LUMPUR, May 26 (Bernama) -- The government will ensure that telecommunication companies (telcos) deliver their promises of faster and cheaper services, guided by the Mandatory Standard on Access Pricing (MSAP), said Communications Minister Datuk Fahmi Fadzil.
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.
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.
Pavilion REIT Unitholders Approve RM480 Mln Hospitality Acquisition
KUALA LUMPUR, May 7 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) has received unitholder approval to acquire two landmark hospitality assets, Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel Kuala Lumpur (PHKL), in a RM480 million yield accretive transaction that strengthens the REIT’s long-term performance and reinforces its presence within Bukit Bintang.
MR D.I.Y. 's Net Profit Rises To RM174.15 Mln In 1Q
KUALA LUMPUR, May 5 (Bernama) -- MR D.I.Y. Group (M) Bhd’s net profit rose to RM174.15 million for the first quarter (1Q) ended March 31, 2025, from RM144.88 million in the same period last year.
CIMB Bank To Purchase 16 Properties From EPF For RM210 Mln
KUALA LUMPUR, May 2 (Bernama) -- CIMB Group Holdings Bhd’s wholly-owned subsidiary CIMB Bank Bhd will purchase 16 properties from the Employees Provident Fund (EPF) for a total cash consideration of RM209.81 million.
AKWEL Q1 Revenue Slips 4.0 Pct On Weak Auto Output, 2025 Outlook Unchanged
KUALA LUMPUR, May 2 (Bernama) -- AKWEL, a French automotive parts supplier specialising in fluid management and components for electric vehicles, posted first-quarter (QI) 2025 revenue of 255.6 million euros, down 4.0 per cent on a like-for-like basis as global auto production weakened in most key markets outside China and Japan. (1 Euro = RM4.87)