Maybank IB positive on REITs, expects 9% earnings growth in 2026

Maybank IB positive on REITs, expects 9% earnings growth in 2026

news

Updated:
  • Maybank IB maintains a positive outlook for Malaysia's REIT sector into 2026, citing strong fundamentals.
  • Earnings growth is projected at 9% in 2026, driven by retail and hospitality sectors.
  • However, office fundamentals face challenges, and risks include potential withholding tax changes affecting yields.
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The aggregation play: IGB locks in the final piece of Southkey’s billion-ringgit puzzle

The aggregation play: IGB locks in the final piece of Southkey’s billion-ringgit puzzle

news

Updated:
  • IGB Bhd's recent RM214.97 mil land acquisition in Johor Bahru marks a key milestone for its Southkey project.
  • The deal strengthens IGB's goal of creating a large urban hub, similar to Mid Valley City in Kuala Lumpur.
  • Investor interest in IGB shares has surged, reflecting confidence in integrated developments.
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AYER Holdings posts 59% rise in FY2025 revenue on stronger property segment

AYER Holdings posts 59% rise in FY2025 revenue on stronger property segment

news

Updated:
  • AYER Holdings Bhd reported RM171.1 million in revenue for FY2025, a 59% increase from FY2024.
  • Profit before tax rose 57% to RM77.1 million, driven by strong property development contributions.
  • The group remains optimistic about future growth with ongoing projects and new developments planned.
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Malaysia’s first hyperscale data centre earns GreenRE Platinum rating

Malaysia’s first hyperscale data centre earns GreenRE Platinum rating

news

Updated:
  • Malaysia's first hyperscale data centre has received GreenRE Platinum certification for sustainability.
  • This facility, by ZDATA Group, sets a new standard for eco-friendly digital infrastructure.
  • It will operate using 100% reclaimed water and aims for high energy efficiency with renewable energy sources.
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ECRL diversion into Kuantan Port ready by year end, says deputy minister

ECRL diversion into Kuantan Port ready by year end, says deputy minister

news

Updated:
  • The East Coast Rail Link's diversion alignment into Kuantan Port is set for completion this year.
  • This project aims to enhance the national logistics network and boost cargo capacity at the port.
  • Additionally, plans for upgrading Kuantan Port include developing a new wharf and container storage yard.
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Verdant Solar, Tune Protect introduce first local integrated solar protection

Verdant Solar, Tune Protect introduce first local integrated solar protection

news

Updated:
  • Tune Protect Malaysia and Verdant Solar launched Malaysia's first integrated solar and protection model.
  • Homeowners installing solar systems will receive insurance coverage at no extra cost.
  • This initiative aims to simplify solar adoption and enhance energy savings for Malaysian households.
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Chinese electric vehicle companies to start assembly in Malaysia this year — Miti

Chinese electric vehicle companies to start assembly in Malaysia this year — Miti

news

Updated:
  • Chinese EV companies like Zeekr and XPeng plan local assembly in Malaysia by 2026.
  • The Ministry of Investment supports this to ensure a smooth transition from CBU imports.
  • This move aims to grow the domestic EV ecosystem and create high-skilled jobs.
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IGB secures govt approval for RM215m Johor Bahru land deal

IGB secures govt approval for RM215m Johor Bahru land deal

news

Updated:
  • IGB Bhd's RM214.97 million land acquisition in Johor Bahru has received Ministry of Economy approval.
  • The joint venture with Southkey City Sdn Bhd will see IGB hold a 70% stake in the new company.
  • IGB aims to develop the site into a mixed-use urban hub, enhancing the Southkey area.
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Clearing the air: Why indoor air quality is becoming an industrial priority in Malaysia

Clearing the air: Why indoor air quality is becoming an industrial priority in Malaysia

news

Updated:
  • Malaysia's focus on indoor air quality (IAQ) is expanding beyond healthcare to industrial settings.
  • The MOH's standards are pushing industries to prioritise IAQ for better worker health and productivity.
  • As multinational tenants demand transparency in air quality, effective monitoring systems are essential
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Chinese businessmen call on Penang state govt to scrap quit rent revision

Chinese businessmen call on Penang state govt to scrap quit rent revision

news

Updated:
  • The Penang government is urged to cancel the quit rent revision because of its flawed framework.
  • Concerns include administrative inefficiency and potential investment discouragement, as stated by Datuk Seri Choot Ewe Seng.
  • He advocates for a more objective approach to land taxation with transparency and minimal intervention.
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Maybank IB positive on REITs, expects 9% earnings growth in 2026