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Business 15 Jul 2013 | 12:00 AM

Boustead to buy back its plantation REIT

PETALING JAYA: Al-Hadharah Boustead REIT will be taken private by its parent company, Boustead Holdings Bhd, making it the first REIT in the country to be privatised, according to sources.

Business 07 Jun 2013 | 12:00 AM

KWAP eyes RM100bil fund size by the end of the year

KUALA LUMPUR: Retirement Fund Inc (KWAP) expects its fund size to hit RM100bil by year-end from RM93bil currently.

Business 01 Jun 2013 | 12:00 AM

London properties still pull ’em in

LONDON’S commercial properties continue to attract strong and diverse interest from abroad despite the internal and external challenges, with the sterling trading at one of its lowest rates in eight years, BNP Paribas Real Estate says.

Business 18 May 2013 | 12:00 AM

SFSS set to be largest shareholder of Bintulu Port

KUCHING: The State Financial Secretary Sarawak (Incorporation) (SFSS) will emerge as the single largest shareholder of Bintulu Port Holdings Bhd (BPHB) after it subscribes for 60 million new shares under a placement exercise for RM399mil.

Business 11 Apr 2013 | 12:00 AM

M'sian funds buy two London property assets

KUALA LUMPUR: In the latest foray of Malaysian funds into the prime London property market, Kumpulan Wang Persaraan (KWAP) or Retirement Fund Inc and Lembaga Tabung Haji (LTH) have bought into trophy office building 88 Wood Street, London EC2 and 151 Buckingham Palace Road, respectively, sources said.

Business 02 Feb 2013 | 12:00 AM

Saffron KL to promote London properties

THE interest in London properties has spurred one of Malaysia’s movers and shakers to team up with two others to open a property agency as part of a network of offices which currently includes Beijing, Hong Kong and Singapore.

Business 08 Dec 2012 | 12:00 AM

KWAP investment returns up

KUALA LUMPUR: Retirement Fund (Inc) (KWAP) has announced a 21.9% increase in the companys gross investment income to RM4.33bil for the third quarter ended Sept 30, 2012, compared with RM3.55bil over the same period of 2011.

Business 07 Dec 2012 | 12:00 AM

KWAP's Q3 gross investment income up 21.9% to RM4.33b

Kumpulan Wang Persaraan (Diperbadankan) reported gross investment income rose 21.9% to RM4.33bil in the third quarter ended Sept 30, 2012 from RM3.55bil a year ago.

Business 30 Nov 2012 | 12:00 AM

With MAS, it is still the issue of confidence

SELLING the Malaysia Airlines (MAS) growth story after so many turnarounds and restructuring can be tough call. It is tougher when the airline is calling a rights issue to raise RM3.1bil at a time when it is still not out of the woods, and reported only a small net profit of RM37mil for the third quarter of 2012.

Business 08 Nov 2012 | 12:00 AM

Gamuda MD may stay

PETALING JAYA: With some RM160bil worth of rail contracts up for grabs starting 2013, Gamuda Bhd group managing director Datuk Lin Yun Ling is likely to renew his management contract for another five years once it expires by June-2013, said sources close to the company.