GENERAL

Intraday Short Selling Suspension Extended to End of 2021

 |  Monday, 30 August 2021 15:52  |  Published in GENERAL

The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia)  will further extend the temporary suspension on Intraday Short Selling (IDSS) and  intraday short selling by Proprietary Day Traders (PDT Short Sale) to 31 December 2021.  Accordingly, temporary waivers related to proprietary day trading will also be extended  to 31 December 2021. 

The temporary suspension of IDSS and PDT Short Sale was introduced on 24 March 2020  to mitigate potential risks arising from heightened volatility and global uncertainties as a  result of the COVID-19 pandemic. It was extended on 22 February 2021 and is due to  expire on 29 August 2021. 

Hektar Reit 2Q Revenue Up 4.5%

 |  Monday, 30 August 2021 15:45  |  Published in GENERAL

Kuala Lumpur, 30 August 2021 – Hektar Asset Management Sdn. Bhd., the Manager of Hektar Real Estate Investment Trust (“Hektar REIT”), today announced the second quarter results ended 30 June 2021 (“2Q 2021”). Hektar REIT recorded revenue of RM25.71 million, which is 4.5% higher than the RM24.60 million recorded in the same quarter of the preceding year. 

Net property income meanwhile was RM10.21 million, a decrease of 14.8% compared to the RM11.97 million recorded in 2Q 2020. The reported decline was in line with other retail and hospitality REITs affected by the pandemic due to the implementation of various Movement Control Orders and mobility restrictions. Realized income for 2Q 2021 was 5.2% higher at RM1.58 million compared to the RM1.50 million recorded in 2Q 2020. Earnings per unit (“EPU”) of 0.34 sen was recorded for the second quarter. 

Digi Business and AVANA help B40 businesses get tech smart

 |  Monday, 30 August 2021 15:44  |  Published in GENERAL

SUBANG JAYA, 30 August 2021 – Digi Business and AVANA have doubled down once again on their shared commitment to support B40 Micro, Small and Medium Enterprises (MSMEs) digitalisation with the recent 2021 My Digital SME virtual series. It is aimed at providing local MSMEs owners with the necessary knowledge and tools that they can adopt to help them sustain their businesses during these challenging times.

Hosted on Digi’s Facebook page, participants went through a series of live workshops. They also got the opportunity to engage with industry experts as well as their peers who had successfully kept their businesses running by going digital. Topics discussed during the workshops included tips on optimising online tools and creating a strong social media presence, how to assimilate their businesses to e-commerce models as well as methods on keeping the digital momentum going to strengthen their future operations.  


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