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RHB Investment Bank maintains ‘overweight’ call on property sector

KUALA LUMPUR: RHB Investment Bank has maintained an “overweight” call on the property sector with top picks UEM Sunrise, IOI Properties Group Bhd (IOIPG) and Eastern & Oriental (E&O). It expects the property sector to continue to be driven by positive news flow on potential infrastructure projects, active land transactions and the influx of investments, especially in the data centre, green...

Alliance Bank to move HQ to Oxley Towers

KUALA LUMPUR: Alliance Bank Malaysia Bhd (ABMB) will relocate to its new Malaysian headquarters at the Oxley Towers in Kuala Lumpur. In a filing to Bursa Malaysia today, ABMB said it had entered into a Sale and Purchase Agreement with Oxley Rising Sdn Bhd for the acquisition of office suites together with retail lots, all located at Tower 3 (Menara C) of the Oxley Towers mixed commercial cum...

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