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Breakfast briefing: Thursday, November 9

2017-11-09 thestar.com.my
MarketWatch: Wall Street closed at a record high on Wednesday as videogame makers rallied and Apple’s market value climbed above US$900 billion. The DJIA edged up 0.03% to end at 23,563.36, the S&P 500 gained 0.14% to 2,594.38 and the Nasdaq added 0.32% to 6,789.12. - Reuters (100-0)

IGB Reit results within expectations

2017-08-03 thestar.com.my
KUALA LUMPUR:  IGB Real Estate Investment Trust’s (Reit) 2Q17 results came in within Maybank Investment Bank Research’s expectations.

IGB board to let shareholders decide on privatisation proposal

2017-04-26 thestar.com.my
IGB owns a majority stake in IGB Real Estate Investment Trust, which in turn owns Mid Valley Megamall (above).

KLCI to trend higher, but gains seen limited

2017-01-25 theedgemarkets
KUALA LUMPUR (Jan 26): The FBM KLCI is expected to extend its gains today riding on the overnight momentum at most global markets.

Spritzer, IGB REIT, Genting Plantations, Hua Yang, Magna Prima, Gadang, Zhulian, CCM Duopharma and Stone Master

2017-01-25 theedgemarkets
KUALA LUMPUR (Jan 25): Based on corporate announcements and news flow today, stocks in focus tomorrow could include Spritzer Bhd, IGB Real Estate Investment Trust, Genting Plantations Bhd, Hua Yang Bhd, Magna Prima Bhd, Gadang Holdings Bhd, Zhulian Corp Bhd, CCM Duopharma Biotech Bhd and Stone Master Corp Bhd.   Spritzer Bhd, famous for its bottled mineral water products, reported a net profit of RM5.

Vizione, Willowglen MSC, Globetronics, IGB REIT, Nestle, Tanah Makmur, MNC Wireless, Daiwa Securities, AHIB and Affin

2016-10-25 theedgemarkets
KUALA LUMPUR (Oct 25): Based on corporate announcements and news flow today, stocks in focus tomorrow (Wednesday, Oct 26) may include: Vizione, Willowglen MSC, Globetronics, IGB REIT, Nestle, Tanah Makmur, MNC Wireless, Daiwa Securities, Affin Hwang Investment Bank Bhd (AHIB) and Affin Holdings.

IGB REIT 3Q net property income up 4.9%, declares higher DPU of 2.25 sen

2016-10-25 theedgemarkets
KUALA LUMPUR (Oct 25): IGB Real Estate Investment Trust's (IGB REIT) net property income rose 4.9% to RM89.37 million in the third quarter ended Sept 30, 2016 (3QFY16) from RM85.17 million a year ago, mainly due to higher rental income.

Global investors have moved past negativity surrounding 1MDB, says Affin Hwang AM

2016-08-18 theedgemarkets
KUALA LUMPUR (Aug 18): The height of negativity surrounding 1Malaysia Development Bhd (1MDB) and the U.S. Department of Justice's (U.S. DOJ) kleptocracy case in relation to money allegedly stolen from the fund is over and investors have moved beyond that, said Affin Hwang Asset Management Bhd chief investment officer David Ng.

BAT, Country View, Globetronics, Puncak Niaga, Melati Ehsan, IGB REIT and Yinson

2016-07-26 theedgemarkets
KUALA LUMPUR (July 26): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (July 27) could include the following: BAT, Country View, Globetronics, Puncak Niaga, Melati Ehsan, IGB REIT and Yinson.

IGB REIT's 2Q NPI flat at RM86.64m, declares lower 1H DPU of 4.41 sen

2016-07-26 theedgemarkets
KUALA LUMPUR (July 26): IGB Real Estate Investment Trust (IGB REIT) reported flat growth in net property income (NPI) for the second quarter ended June 30, 2016 (2QFY16) of RM86.64 million from RM86.35 million a year ago, mainly due to higher total rental income and higher property costs in the current quarter.

KLCI rises after Bank Negara rate cut; Maybank down

2016-07-13 theedgemarkets
KUALA LUMPUR (July 13): The FBM KLCI gained 6.42 points or 0.4% after Bank Negara Malaysia cut the overnight policy rate (OPR) to 3%, from 3.25%.       At 5 p.m., the KLCI closed at 1,660.39 points. The index reversed losses, after falling to its intraday low at 1,652.07 points.  

Business as usual at Mid Valley Megamall

2016-04-06 theedgemarkets
KUALA LUMPUR (April 6): The Mid Valley Megamall here, which was rocked by two minor explosions caused by gas leaks at two of its restaurants yesterday, said over 60 food and beverage (F&B) outlets are operating today, half of which are operational with full menus and the remaining are offering partial menus.

IGB REIT: Minor explosions hit Mid Valley Megamall

2016-04-05 theedgemarkets
KUALA LUMPUR (April 5): IGB Real Estate Investment Trust (IGB REIT) said one of its properties here was involved in an explosion, possibly caused by a gas leak from a stove, which occurred at two food and beverage (F&B) outlets at Mid Valley Megamall.

CLIQ shareholders anxious to get their money

2016-04-01 thestar.com.my
SHAREHOLDERS of CLIQ Energy Bhd, excluding its promoters and management, have only one event to look forward to, and that is the day they get their hands on the cheques of the return of their capital.

Rental rates at malls still holding up despite sluggish market

2016-02-04 thestar.com.my
PETALING JAYA: Rental rates at some of the biggest shopping malls in the country are still holding up despite concerns about sluggish retail sales.