Malaysian ringgit undervalued, hoped to trade higher

Malaysian ringgit undervalued, hoped to trade higher

An official of Malaysia’s central bank expected the country's ringgit to trade higher on the back on positive economic prospects.
SP Setia gets offer in Malaysia’s biggest real estate takeover in 20 Years

SP Setia gets offer in Malaysia’s biggest real estate takeover in 20 Years

SP Setia Bhd. (SPSB), Malaysia’s biggest developer by sales, said its largest shareholder Permodalan Nasional Bhd. made an offer to take over the company in the country’s biggest property acquisition in at least two decades.