INDUSTRY NEWS (11 MAY 2021)
Retailers fall, REITs mostly unchanged on HIDE impact
Shares in retailers fell this morning after the Ministry of Science, Technology and Innovation (MOSTI) ordered premises flagged as Covid-19 hotspots by the Hotspot Identification for Dynamic Engagement (HIDE) system to close for three days. Some of the locations that these
Eastern & Oriental Bhd (E&O) said Tan Sri Mohd Bakke Salleh has resigned as non-independent and non-executive director of the group. In a filing with Bursa Malaysia, the property developer said Bakke’s resignation, effective immediately, was “due to the cessation
JB land sale to help S P Setia reduce its net gearing
S P Setia Bhd’s sale of eight parcels of freehold land measuring 959.7 acres in Johor Baru for RM518.1mil Scientex Bhd is a positive move, according to research analysts. In a report, AmInvestment Bank Research said this would enable S P Setia to monetise its undeveloped
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