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EXPORTS had stayed robust in November, 2021, while accelerating imports of consumption goods and capital goods signaled continued expansion in domestic demand.
PETALING JAYA: The earnings outlook for Axis-REIT Managers Bhd is expected to remain resilient given the group’s active acquisition strategy on industrial assets.
PETALING JAYA: Axis-REIT Managers Bhd has proposed to acquire a logistics warehouse facility in Johor Bahru for a cash consideration of RM32mil from Venice Tulip Sdn Bhd.
KUALA LUMPUR: Companies which could see trading interest on Monday are KNM, Opcom, Ageson, AME, Gagasan, MGRC following their corporate news recently, JF Apex Research said.
PETALING JAYA: Tiong Nam Logistics Holdings Bhd, which returned to the black in the first quarter (Q1), may be in for a better set of earnings for its current financial year ending March 31, 2022 (FY22), underpinned by the potential growth in the logistics and warehousing segment.
WITH a warehousing capacity of six million square feet, Tiong Nam Logistics Holdings Bhd stands to benefit from the continued strain in global supply chain.
PETALING JAYA: Tiong Nam Logistics Holdings Bhd’s move to cut its stake in a non-core business will reduce further earnings erosion for the group as it focuses on its core profitable logistics operations
Growth in logistics backed by demand for space
KUALA LUMPUR: Maybank Investment Bank Research has maintained Axis Real Estate Investment Trust (REIT) as its top sector pick following its second quarter results that were in line with expectations.