Justin Lim / theedgemarkets.com March 22, 2023 | Updated 1 day ago The performance of retail REITs is expected to remain steady, particularly for REITs with malls in good locations, such as IGB REIT, Sunway REIT, Pavilion REIT and KLCCP Stapled Group. KUALA LUMPUR (March 22): Malaysian real estate investment trusts (REITs) remain as safe-haven...
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A LOCAL retail group led by local businessman and entrepreneur Datuk Andrew Lim Tatt Keong will be acquiring the food retail business of DFI Group in Malaysia which includes the iconic Giant, Cold Storage and Mercato brands. Lim is currently the SOGO Department Store Sdn Bhd group deputy chairman as well as the executive chairman of the GAMA Group which owns and operates the iconic GAMA Supermarket...
Kuala Lumpur, 07 February : The Henry Butcher Malaysia group is cautiously optimistic that the Malaysian property market will show firmer signs of recovery in 2022 as the Covid-19 pandemic appears to be under control. The achievement of a vaccination rate of more than 79 per cent, as well as the transition to the provision of booster vaccines, will boost overall confidence and economic activity,...
GEORGE TOWN – Kerajaan Negeri Pulau Pinang berharap pemberian diskaun premium bagi pelanjutan tempoh pajakan dan pemberimilikan setelah tempoh pajakan tamat dapat dimanfaatkan sepenuhnya oleh semua pemilik tanah pegangan pajak (leasehold) di negeri ini. Ketua Menteri, Y.A.B. Tuan Chow Kon Yeow berkata, meskipun pelaksanaan pemberian diskaun premium berkaitan akan mengurangkan hasil dan memberi...
GEORGE TOWN: The iconic Rex Cinema at the corner of Kinta Lane and Burma Road here is set to be torn down to give way to a 27-storey condominium project. The building is considered a heritage of Penang’s heydays as it was a state-of-the-art cinema when it opened its doors some 85 years ago. According to plans submitted to the Penang Island City Council (MBPP), aside from putting up the...