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Business

Sanichi unit partners MNC in online rental service

KUALA LUMPUR: Sanichi Technology Bhd’s unit, Sanichi Property Sdn Bhd (SPSB) and MNC Wireless Bhd (MNC) have signed a memorandum of understanding (MoU) to provide online leasing, or short-term rental service, for SPSB's development project, Marina Point in Klebang, Melaka.

Business

Breakfast briefing: Tuesday, December 5 (Update)

Breakfast briefing: Tuesday, December 5

Business

Al-Salam REIT buying properties from QSR for RM115mil

PETALING JAYA: AmanahRaya Trustees Bhd, as trustee for Al-Salam REIT, is acquiring 22 properties from several QSR Brands (M) Holdings Bhd units in an all-cash deal of RM115mil.

Business

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Property

Al-Salam REIT to acquire properties from QSR for RM115m

KUALA LUMPUR: AmanahRaya Trustees Bhd, as trustee for Al-Salam REIT, is acquiring 22 properties from several QSR Brands (M) Holdings Bhd units in an all-cash deal of RM115mil.

Business

Paramount Q3 earnings soar nearly eight-fold to RM85.76mil

PETALING JAYA: Property and education company Paramount Corp Bhd posted an almost eight-fold increase in net profit to RM85.76mil for the third quarter ended Sept 30, 2017compared to the same quarter a year ago, thanks to gain on disposal of asset.

Business

Axis REIT land lease proposal seen mildly positive

PETALING JAYA: Axis Real Estate Investment Trust (REIT) Bhd’s proposal to lease about seven acres of vacant land in Subang, Selangor from Malaysia Airports Holdings Bhd (MAHB) is seen as “mildly positive” by analysts.

Analyst Reports

Maybank IB positive on Axis REIT land lease proposal

KUALA LUMPUR: Maybank Investment Bank Research is "mildly positive" on Axis REIT Bhd's proposal to lease about seven acres of vacant land in Subang, Selangor from Malaysia Airports Holdings Bhd

Business

Malaysia Airlines may opt for sale and leaseback for B787-900

PETALING JAYA: Malaysia Airlines Bhd is placing orders for new-generation aircraft that are more fuel-efficient and can fly further in a bid to reduce operating cost and offer the latest products and services to match its peers.

Business

Malaysia Airlines confirms 25 Boeing 737 orders

KUALA LUMPUR: Malaysia Airlines reiterated that it has a firm order of 25 Boeing 737 aircraft with further decision to purchase additional aircraft which best suits its operational environment.