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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.

AIROD, Satys Ink Joint Venture Agreement To Enhance Malaysia’s Aircraft MRO Sector

KUALA LUMPUR, May 9 (Bernama) -- Aerospace engineering company AIROD Sdn Bhd has signed a joint venture agreement with Satys Aircraft Painting to boost the capabilities of Malaysia’s aircraft maintenance, repair, and overhaul (MRO) sector, particularly in exterior finishing and aircraft painting.

MPOGCF, SOP Forge Landmark MoU To Integrate Biodiversity Conservation In Oil Palm Sector

MIRI, May 9 (Bernama) -- The Malaysian Palm Oil Green Conservation Foundation (MPOGCF) and Sarawak Oil Palms Bhd (SOP) have formalised a landmark partnership with the signing of a Memorandum of Understanding (MoU), marking a significant step forward in the integration of biodiversity conservation within Malaysia’s oil palm sector. 

Fong Chee Khuen Dismissed As CEO Of HHRG

KUALA LUMPUR, May 8 (Bernama) -- HHRG Bhd has dismissed Fong Chee Khuen from his position as chief executive officer (CEO) with immediate effect, following serious allegations of misconduct and abuse of authority.

Melaka Govt Partners With World Economic Council To Boost Investment In German Technology Park

MELAKA, May 8 (Bernama) -- The Melaka state government has entered into a collaboration with the World Economic Council (WEC) to attract more investors to the German Technology Park (GTP).

EXIM Bank, Marrybrown Ink Strategic MoU To Drive Chain's Expansion Into Australia

KUALA LUMPUR, May 8 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) has inked a Memorandum of Understanding (MoU) with Marrybrown Sdn Bhd to become the key enabler of the Malaysian halal fast-food chain’s expansion into Australia, providing essential foreign currency financing to support its entry into the market.

Public Bank Sees Minimal Credit Exposure To US Tariff Risks

KUALA LUMPUR, May 8 (Bernama) -- Public Bank Bhd sees minimal credit exposure to potential United States (US) tariff risks, estimating that less than three per cent of its total loans may be affected with asset quality expected to remain stable.

Perodua To Produce EV By October, Launch By Year-end -- CEO

SERDANG, May 8 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) aims to finalise production of its first electric vehicle (EV) car by October, with plans to bring it to market by the end of this year.

Fibromat Makes Lacklustre Debut On ACE Market

KUALA LUMPUR, May 8 (Bernama) -- Fibromat (M) Bhd made a lacklustre debut on Bursa Malaysia’s ACE Market today, following its transfer from the LEAP Market.

NTT DATA Payment Services Launches Integrated Payment Solutions 'ADAPTIS'

KUALA LUMPUR, May 8 (Bernama) -- NTT DATA Payment Services has launched a comprehensive suite of integrated payment solutions designed to meet the evolving needs of modern businesses known as ADAPTIS.

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.

Affin Gets A3 Rating With Stable Outlook From Moody's

KUALA LUMPUR, May 7 (Bernama) -- Affin Group has received its first international credit rating of A3 with a stable outlook from Moody’s Ratings.