KUALA LUMPUR, Feb 28 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd (Manager), the manager of Lendlease Global Commercial REIT (LREIT), has announced a 13 per cent increase in the base rent for Jem office, effective Dec 3, 2024, as part of its five-year rental review.
KUALA LUMPUR, Feb 27 (Bernama) -- The Ministry of Plantation and Commodities (KPK) currently has no plans to raise the Activation Price Level (PHP) for the Rubber Production Incentive (IPG) beyond RM3 per kilogramme (Kg).
KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd expects its stellar financial year of 2024 (FY2024) performance to continue into FY2025, banking on the positive loan growth of between six to seven per cent, said managing director and chief executive officer Datuk Mohd Rashid Mohamad.
KUALA LUMPUR, Feb 27 (Bernama) -- The allocation for the Housing Credit Guarantee Scheme under the Syarikat Jaminan Kredit Perumahan Bhd (SJKP) will be increased by RM10 billion this year, benefitting more than 20,000 borrowers.
KUALA LUMPUR, Feb 27 (Bernama) -- Mah Sing Group Bhd's net profit for the financial year ended Dec 31, 2024 (FY2024) rose to RM240.75 million from RM215.29 million recorded in FY2023, demonstrating the resilient demand for its affordably priced and strategically located developments.
KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.
KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd’s net profit increased to RM3.12 billion in the financial year ended Dec 31, 2024 (FY2024) from RM2.81 billion in FY2023, driven by strong total income growth.
KUALA LUMPUR, Feb 26 (Bernama) -- IOI Properties Group Bhd (IOIPG) registered a lower net profit of RM94.78 million in the second quarter of its financial year ending June 30, 2025 (2Q FY2025) against RM121.50 million in 2Q FY2024.
KUALA LUMPUR, Feb 26 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) is disposing of The Annex in Petaling Jaya for RM24.2 million, with net gains from the transaction to be distributed to unitholders.
KUALA LUMPUR, Feb 26 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit hit RM10.09 billion in the financial year ended Dec 31, 2024 (FY2024), 7.9 per cent higher than RM9.35 billion recorded in FY2023.
KUALA LUMPUR, Feb 26 (Bernama) -- Public Bank Bhd’s net profit rose by 7.5 pct to RM7.15 billion in the financial year ended Dec 31, 2024 (FY2024) compared with RM6.65 billion in FY2023, due to the reversal of over-provision of tax in the prior years.
KUALA LUMPUR, Feb 26 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Petroliam Nasional Bhd (Petronas) to maintain its capital expenditure (capex) at RM50 billion or higher in the financial year 2025 (FY2025).
