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PETALING JAYA: KIP Real Estate Investment Trust (REIT) has more than doubled its net profit on a year-on-year (y-o-y) basis for the first quarter of the financial year ending June 30,2020 (FY20) at RM18.5mil, as compared to RM7.26mil during the same quarter in FY19.
PETALING JAYA: Sime Darby Bhd is not participating in Eastern & Oriental Bhd’s (E&O) rights issue exercise as part of its plan to sell its “non-core” assets and businesses.PETALING JAYA: Sime Darby Bhd is not participating in Eastern & Oriental Bhd’s (E&O) rights issue exercise as part of its plan to sell its “non-core” assets and businesses.
KUALA LUMPUR: KIP Real Estate Investment Trust (KIP REIT), the first community-centric retail REIT listed on Bursa Malaysia, said its income in the first quarter ended Sept 30 was boosted by a newly acquired property in Ipoh, Perak.
SINGAPORE (Bloomberg): Singapore real estate investment trusts are back for more cash, pushing secondary share sales to record levels.
LONDON (Reuters) - Global bottled water giants are ramping up trials of easily recyclable aluminium cans to replace plastic that pollutes the world's seas. Sound like a slam-dunk for the environment? Not entirely.
KUALA LUMPUR: Blue chips were treading water early Thursday awaiting fresh leads and directions from institutional players but plantations KL Kepong and PPB Group slipped in razor thin trade.
KUALA LUMPUR: Genting Malaysia Bhd should be seeing improved investor sentiment as concerns over a potential gaming tax hike has been lifted following Budget 2020.
KUALA LUMPUR: RHB Research is retaining its Buy call and target price of RM8.22 for Yinson Holdings Bhd after it secured contracts worth US$5.40bil or RM22.70bil in Brazil.