WHEN Pavilion Real Estate Investment Trust (PavREIT) announced last November that it planned to buy the Pavilion Bukit Jalil (PavBJ) mall for RM2.2 billion from its sponsor Malton Bhd, some perceived that the deal would be of greater benefit to the sponsor than the REIT’s unitholders.

T...

PavREIT wants to ‘set record straight’ on Pavilion Bukit Jalil buy 

The manager of Sunway Real Estate Investment Trust (Sunway REIT) says the REIT's trustee has yet to reach a definitive agreement to buy six retail assets worth a combined RM500 million — which are currently leased to grocery store retailer Giant — from the Employees Provident Fund (EPF).

Sunway REIT confirms in talks to buy retail assets from EPF, to ink agreement 'as soon as possible'

MyEG Services Bhd gapped down on market opening to 65.5 sen on Tuesday (Feb 7), down 30 sen or 31.41% from last Friday's close, following news reports that all immigration services and processes will revert back to the Immigration Department by 2025, including those being managed by third parties such as MyEG.

MyEG closes at 26-month low on news all immigration services to revert to govt by 2025

The news that Sime Darby Plantation Bhd has been cleared of accusations of using forced labour by US authorities is a definite positive for the plantation group, according to analysts.

But the impact on the group's earnings and share price will likely be negligible, they said.

Analysts see positive but minimal impact on Sime Darby Plantation after US cleared it of forced labour issues

THE year 2023 is known as the year of the Water Rabbit in the Chinese Lunar Calendar. And this Water Rabbit year officially starts on Saturday (Feb 4) with the beginning of spring or what is known as ‘lap chun’. This Water Rabbit brings with it a Yin Water or Gui element that is similar to mist, dew, rain or snow, in the heavenly stem of the year’s bazi or birth chart.

So does this mean the Water Rabbit will be a gloomy, cold and possibly sad year ahead — just like a rabbit caught in the pouring rain?

Before we share the views of feng shui experts, here’s a look at what the past five Rabbit years — which fell on 1963, 1975, 1987, 1999, and 2011 based on the 12-year zodiac cycle — were like. Interestingly, unlike how the creature is often portrayed as laid-back or docile, there was nothing of the sort in these Rabbit years.

What can we expect from the Water Rabbit?

The LCS debacle: Over budget and late

The RM9.13 billion littoral combat ship (LCS) project caused a public outcry when the Public Accounts Committee (PAC) revea...

The top 14 business stories of 2022

The past Hari Raya Aidilfitri holiday was one that I, like many Malaysians and people around the world, was very much looking forward to, as it would be the most relaxed holiday season since the pandemic, with opportunities to meet up with friends and go for house visits. At last, I thought, thin...

Coffee Break: An unexpectedly random holiday

THE heat of battle is rising in Kuala Selangor, Sungai Buloh and Shah Alam — three parliamentary seats that may determine whether Pakatan Harapan (PH) could lose its grip on Selangor in the next state election.

Consider the Barisan Nasional (BN) strategy of fielding smart, articulate an...

Cover Story / Run-Up To GE15: Three key seats in Selangor that BN wants to wrest from PH

Pakatan Harapan's Datuk Seri Dzulkefly Ahmad — who described himself to The Edge in an interview last week as a slow plodding 'tortoise' in the Kuala Selangor race — has managed to defend the seat against the fierce onslaught of Barisan Nasional's 49-year-old technocrat, Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Slow and steady 'tortoise' Dzulkefly wins Kuala Selangor race against 'kayangan' Zafrul

THE immediate aftermath of the 14th general election (GE14) was not an easy time to be an MCA member, according to senior party figure Gan Ping Sieu. “It was very difficult for MCA, because you were seen not only as an underdog, but you were [seen] as a dog. People would actually shun you,” he to...

Cover Story / Run-Up To GE15: Ping Sieu: MCA’s image has improved

SC adds one potential clone to Investor Alert List

US Senate set to pass debt limit suspension bill on Thursday night

Ringgit rises against US dollar in early session on June 2

Bursa Malaysia rebounds in early session, lifted by bargain hunters

Elon Musk knocks Bernard Arnault off the perch to reclaim top spot

Kenanga Research projects  CY23F FBM KLCI earnings to contract by 1.2%

Australia raises minimum wage by 5.75% as living costs surge

HLIB Research says Velesto's valuations have become inflated

Malaysia's corporate profits disappoint on slowing demand, with little help from China reopening

Elon Musk is accused of insider trading by investors in Dogecoin lawsuit

Panasonic Malaysia, Affin Hwang Investment, Velesto Energy, Green Packet, Top Builders Capital, Star Media, Citaglobal, AME Elite, SCIB, UP, Meta Bright, Top Builders, Kimlun and Synergy House

Tan Choe Choe

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