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Here is a brief recap of some corporate announcements that made the news on Thursday (Jan 19) involving IGB Real Estate Investment Trust, Axis Real Estate Investment Trust, CapitaLand Malaysia Trust, Ecobuilt Holdings Bhd, YTL Power International Bhd, RHB Bank Bhd, Digistar Corp Bhd, Malaysian Resources Corp Bhd and Digi.Com Bhd. IGB Real Estate Investment Trust (IGB REIT)’s net property income (NPI) for the fourth quarter ended Dec 31, 2022 (4QFY2022) rose 12.79% to RM105.64 million from RM93.66 million a year ago, as revenue increased 24.59% to RM148.72 million from RM119.37 million. The higher revenue and NPI were mainly due to lower rental support provided to tenants arising from the economic reopening and improving retail sales of tenants. It declared a distribution per unit (DPU) of 2.46 sen, which raised its total FY2022 DPU to 9.86 sen. ....
Malaysia Building Society Bhd’s (MBSB) chairman Tan Sri Azlan Zainol, who was also the former CEO of the Employees Provident Fund (EPF), has passed away. He was 72. ....
Malaysia Building Society Bhd (MBSB) said its chairman Tan Sri Azlan Zainol, who was also former Employees Provident Fund (EPF) chief executive officer, has passed away. ....
KUALA LUMPUR: Fugitive financier Low Taek Jho’s presence at a special 1Malaysia Development Bhd (1MDB) board meeting in 2009 was at the invitation by the company’s management, the High Court heard. ....