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GuocoLand (Malaysia) Bhd (KL:GUOCO) managing director Noorbaizura Hermeyney has resigned effective Jan 24 (Saturday), after helming the property developer for close to two years.
REAL estate investment trusts (REITs) have outshone other sectors on the local bourse this year, emerging as one of the few to remain in positive territory amid global uncertainty — driven largely by US President Donald Trump’s threat to impose higher tariffs on imports as the country continues t...
KUALA LUMPUR: Binastra Corp Bhd, Tower Real Estate Investment Trust (Tower REIT), Capital A Bhd, V.S. Industry Bhd (VSI), Sarawak Consolidated Industries Bhd (SCIB) and Bertam Alliance Bhd are among the stocks to watch today.
KUALA LUMPUR (June 11): Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday:
HSS Engineers Bhd (KL:HSSEB) has clarified that it was not involved in the drawdown of funds from the RM1.3 billion sukuk for the Maju E...
PETALING JAYA: Tower Real Estate Investment Trust (Tower REIT) has announced that its chief executive officer (CEO), Martin Kung Boon Keat, has resigned from the company to pursue other career opportunities.
Tower Real Estate Investment Trust (KL:TWRREIT), the REIT arm of the Hong Leong Group, announced that Martin Kung Boon Keat, the CEO of its REIT manager GLM REIT Management Sdn Bhd, will step down from his post on June 12, 2025.
Tower Real Estate Investment Trust (Tower REIT) has proposed a rights issue to raise gross proceeds of up to RM66 million to repay its bank borrowings and refurbish its existing properties.
The rights issue will involve the issuance of up to 280.5 million units, the group said. The sum it expects to raise is based on an illustrative price of 35 sen per unit, on the basis of two rights units for every three existing ones held. The actual issue price and the entitlement basis of the issuance have yet to be fixed.
Star Media Group Bhd (SMG) group chief executive officer (CEO) Alex Yeow Wai Siaw will serve out his existing employment contract at the end of February 2024.
PETALING JAYA: Star Media Group Bhd (SMG) group chief executive officer (CEO) Alex Yeow Wai Siaw will complete his employment contract at the end of February 2024.