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Malaysia’s construction sector set for steady growth through 2029, says Linesight

Malaysia’s construction sector set for steady growth through 2029, says Linesight

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Updated:
  • Malaysia's construction industry is projected to grow at 4% annually from 2026 to 2029.
  • Investments in data centres and digital infrastructure will drive this growth, alongside residential demand.
  • Despite challenges like trade tensions and labor shortages, the overall outlook for the APAC construction market remains optimistic.
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Sime Darby Property gets shareholder nod for new LTIP and CEO share grant

Sime Darby Property gets shareholder nod for new LTIP and CEO share grant

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Updated:
  • Sime Darby Property shareholders approved a new long-term incentive plan.
  • They also approved a 2026 share grant for the CEO.
  • Other resolutions, including director re-elections, passed too.
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YNH extends RM170 mil land disposal to Sunway unit by another three months

YNH extends RM170 mil land disposal to Sunway unit by another three months

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Updated:
  • YNH Property Bhd extended its land sale agreement to Sunway Living Space for RM170 mil.
  • This is the fifth supplemental agreement for the Kuala Lumpur land disposal.
  • The agreement now runs until Sept 12, 2026, with no price change.
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Titijaya unit joins PNSB consortium to develop RM343 mil, 1,202-unit Rumah Idaman project in Selangor

Titijaya unit joins PNSB consortium to develop RM343 mil, 1,202-unit Rumah Idaman project in Selangor

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Updated:
  • Titijaya Land Bhd's subsidiary NPO Builders will develop a RM343 mil affordable housing project.
  • They partnered with PNSB Construction for the Rumah Idaman program in Selangor.
  • The project includes 1,202 residential units, priced at RM250,000 and RM295,000.
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UOA Development fixes DRS share price at RM1.54 for final dividend

UOA Development fixes DRS share price at RM1.54 for final dividend

news

Updated:
  • UOA Development Bhd has fixed the issue price of new shares under its DRS.
  • Representing a discount of about 9.42% to the adjusted five-market-day volume weighted average market price.
  • Shareholders may reinvest their cash entitlement into new UOA Development shares or receive dividend in cash.
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Kerjaya Prospek, Aspen to jointly develop mixed project in Penang

Kerjaya Prospek, Aspen to jointly develop mixed project in Penang

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Updated:
  • Kerjaya Prospek and Aspen Vision Development will develop a mixed-use project in Penang.
  • The 34.84-acre development includes affordable housing, retail, and offices.
  • This seven-year project expands Kerjaya Prospek's northern market presence.
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Tanco hit by steepest decline on record, as losing streak wipes out nearly RM10 bil

Tanco hit by steepest decline on record, as losing streak wipes out nearly RM10 bil

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Updated:
  • Tanco Holdings experienced its steepest one-day decline, falling 60% within the first 30 minutes of trading.
  • This marked its fourth consecutive limit-down, triggering a short-selling suspension.
  • The stock had surged over 600% since 2024, peaking at a RM10 bil market cap.
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Strata Conference 2026: Malaysia reviewing Act 757 as strata challenges evolve — Aiman Athirah

Strata Conference 2026: Malaysia reviewing Act 757 as strata challenges evolve — Aiman Athirah

news

Updated:
  • Malaysia is reviewing Act 757 to update strata governance for urban growth.
  • The Strata Conference 2026 discussed improving strata management and addressing classification gaps.
  • Experts emphasised shifting from reactive to predictive maintenance for better asset reliability.
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Forest City SFZ expected to surpass RM2 bil investment target amid growing investor interest

Forest City SFZ expected to surpass RM2 bil investment target amid growing investor interest

news

Updated:
  • The Forest City Special Financial Zone (SFZ) expects to exceed its RM2 bil investment target for 2026.
  • It has attracted 260 investor inquiries, half from domestic sources, focusing on finance and business.
  • Investors are drawn by its strategic location, low costs, and role in the regional digital economy.
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