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RHB Research said it viewed Axis Real Estate Investment Trust’s (Axis-REIT) proposed acquisition of an industrial asset in the Southern Industrial and Logistics Clusters (SiLC) industrial area, Johor, positively as it might help to further drive its earnings growth.
BANGKOK: Thai telecommunications group Jasmine International PCL has raised 36.7 billion baht (US$1.13bil) through the initial public offering (IPO) of its Internet fund, earmarked for the expansion of its high-speed broadband network.
MALAYSIANS who bought properties abroad – in countries whose currency is strengthening against the ringgit – may have to fork out more to finance their purchases, if they have not “locked in their loans” or created a pound-denominated fund at earlier and more favourable rates.