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KUALA LUMPUR, May 9 (Bernama) -- Lendlease Global Commercial REIT (LREIT) reported a positive rental reversion of 10.4 per cent for its retail portfolio in the third quarter (Q3) ended March 31, 2025, with a healthy tenant retention rate of 87.9 per cent by net lettable area (NLA), despite a softer retail climate.
KUALA LUMPUR, May 8 (Bernama) -- Malaysia’s international reserves expanded to US$118.70 billion as at April 30, 2025, from US$118.40 billion on April 15, 2025, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, May 7 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) has received unitholder approval to acquire two landmark hospitality assets, Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel Kuala Lumpur (PHKL), in a RM480 million yield accretive transaction that strengthens the REIT’s long-term performance and reinforces its presence within Bukit Bintang.
KUALA LUMPUR, May 7 (Bernama) -- Affin Group has received its first international credit rating of A3 with a stable outlook from Moody’s Ratings.
KUALA LUMPUR, May 5 (Bernama) -- MR D.I.Y. Group (M) Bhd’s net profit rose to RM174.15 million for the first quarter (1Q) ended March 31, 2025, from RM144.88 million in the same period last year.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 5 (Bernama) -- The ringgit ended higher against the US dollar at the close on Monday, amid the government’s response towards the impact of the reciprocal tariff from the United States (US), said an analyst.
KUALA LUMPUR, May 2 (Bernama) -- MN Holdings Bhd’s (MNHB) unit, Mutu Nusantara Sdn Bhd and its joint venture partner, Protech Builders Sdn Bhd, have secured a sub-contract worth RM49.99 million from Gamuda Engineering Sdn Bhd for the mechanical, electrical, and plumbing fit-out works of a data centre.
KUALA LUMPUR, May 2 (Bernama) -- Planning consent has been granted for the next phase of Battersea Power Station’s regeneration in London, a key milestone in the 16.99-hectare (42-acre) development.
KUALA LUMPUR, April 30 (Bernama) -- WTK Holdings Bhd today entered into a sale and purchase share agreement with Huang Qian Wen to sell its 100 per cent stake in Song Logging Company Sdn Bhd (SLCSB) for RM23.5 million.
KUALA LUMPUR, April 30 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) recorded robust growth across key sectors in 2024, with developments driven by regulatory adaptability and market innovation.
KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$117.49 billion (US$1= RM4.31) as of end-March, 2025, while other foreign currency assets stood at US$4.3 million, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, April 29 (Bernama) -- Pharmaniaga Bhd remains confident of exiting Practice Note 17 (PN17) status, supported by resilient business operations and recovery strategies that have underpinned its steady financial progress.
