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Lendlease Global Commercial REIT Reports Lower DPU, Revenue For 1H FY2025

KUALA LUMPUR, Feb 4 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (LREIT) reports a 14.3 per cent drop in distribution per unit (DPU) to 1.8 cents for the first half financial results for 2025 (1HFY2025) ended Dec 31 2024, compared to 2.1 cents in the previous year.

KJTS Group Proposes To Acquire Malakoff Utilities For RM65.5 Mln

KUALA LUMPUR, Feb 3 (Bernama) -- KJTS Group Bhd has proposed to acquire Malakoff Utilities Sdn Bhd (MUSB), a subsidiary of Malakoff Corporation Bhd, for RM65.5 million in cash.

BR Capital, KOPETRO Sign MoC To Expand Access To Fixed Income Investment

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia RAM Capital Sdn Bhd (BR Capital), a joint venture between Bursa Malaysia Bhd and RAM Holdings Bhd, has signed a memorandum of collaboration (MoC) with Koperasi Kakitangan Petronas Bhd (KOPETRO) to expand access to fixed income investments for KOPETRO members.

Sunway REIT Net Profit Rises To RM524.75 Mln In FY2024, Declares 10 Sen DPU

KUALA LUMPUR, Feb 3 (Bernama) -- Sunway Reit Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust (Sunway REIT), saw its net profit surging to RM524.75 million for the financial year ended Dec 31, 2024 (FY2024) from RM338.19 million a year earlier.

Bursa Malaysia Ends Lower In Muted Trading Ahead Of CNY

By Anas Abu Hassan

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia finished in the negative territory today dampened by subdued trading observed across the board ahead of the upcoming Chinese New Year (CNY) festive holidays, said an analyst.

Axis REIT’s FY2024 Net Profit Falls To RM210 Mln

KUALA LUMPUR, Jan 23 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) posted a lower net profit for the financial year ended Dec 31, 2024 (FY2024) at RM210 million, down from RM217.77 million recorded in the previous year.

CapitaLand Malaysia Trust Up After Posting Higher FY2024 Profit

KUALA LUMPUR, Jan 23 (Bernama) -- CapitaLand Malaysia Trust’s (CLMT) share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM187.15 million for the financial year ended Dec 31, 2024 (FY2024) versus RM163.66 million a year ago.

Domestic Demand, Tech Recovery, Strategic Investments To Drive Malaysia's Growth In 2025 - AMRO Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia is projected to sustain robust economic growth in 2025 despite facing external challenges, driven by resilient domestic demand, surging foreign investments, and recovery in global technology demand.

Bank Islam Introduces New Credit Card For Premier Wealth Clients

KUALA LUMPUR, Jan 19 (Bernama) -- Bank Islam Malaysia Bhd has introduced the Bank Islam Mastercard World Premier Wealth Credit Card-i for its Premier Wealth clients. It is an exclusive by-invitation-only credit card that provides unique privileges and competitive benefits.

Power International Holding Secures Full Ownership Of MTS From Kazakhtelecom

KUALA LUMPUR, Jan 17 (Bernama) -- Power International Holding (PIH), a globally recognised Qatari-based conglomerate, has officially completed the acquisition of Mobile Telecom-Service LLP (MTS) from Kazakhtelecom JSC, securing full ownership of the company.

Affin Hwang Launches Malaysia’s First Crude Palm Oil Futures Structured Warrant

KUALA LUMPUR, Jan 17 (Bernama) -- Affin Hwang Investment Bank Bhd has launched Malaysia’s first crude palm oil futures structured warrant on Bursa Malaysia.