Investment & Market Trends

GuocoLand Sells 20% Interest In Tower REIT Manager To Hong Leong Unit
GuocoLand (Malaysia) Bhd has disposed of a 20% stake in GLM REIT Management Sdn Bhd, the manager of Tower Real Estate Investment Trust, according to filings on Bursa Malaysia on

Japanese Parent To Take Ajinomoto Malaysia Private At RM20 A Share
Japan’s Ajinomoto Co Inc will take its Malaysia-listed unit private at RM20 per share, representing a 31.6% premium over its last traded price of RM15.20. In a Bursa Malaysia filing,

Malaysia Airlines, Singapore Airlines To Introduce Joint Fares For KL–Singapore Route
Malaysia Airlines and Singapore Airlines will introduce new joint fare products for travel between Kuala Lumpur and Singapore as part of an expanded partnership. The new offerings build on their

Berjaya Corp Sells Entire Citaglobal Stake To Detik Ria For RM42.6m
Berjaya Corporation Bhd has disposed of its entire 8.64% stake in Citaglobal Bhd to Detik Ria Sdn Bhd for RM42.56 million. In a Bursa Malaysia filing on Monday, Berjaya Corp

Sunview To Divest Winstar Stake For RM30 Million At 43 Sen Per Share
Sunview Group Bhd has proposed to sell its entire 22.44% interest in Winstar Capital Bhd for RM30.1 million in cash to nine investors. In a Bursa Malaysia filing on Monday,

Hextar Retail Buys Zok Noodle House Assets In Bandar Sunway For RM1.25mil
Hextar Retail Bhd is acquiring the assets of a Zok Noodle House outlet in Bandar Sunway for RM1.25 million as part of its expansion into the food and beverage (F&B)

Axis REIT To Acquire RM128 Million Distribution Centre

ACE Market-Listed Pekat Plans Move To Main Market



