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Weak ringgit set to attract more foreign tourists

The weak ringgit remains an attractive point in attracting more tourists to the country, says Malaysia Shopping Mall Association president Tan Sri Teo Chiang Kok.

1 Utama, Centrepoint among assets ripe for REIT listing, say sources

SEE Hoy Chan Holdings Sdn Bhd (SHCH) is mulling plans to inject its retail assets into a real estate investment trust (REIT) that will be listed on Bursa Malaysia, according to sources. “Several investment banks have been approached for the corporate exercise,” one of them tells The Edge.

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