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Property developer JRK Holdings seeks ACE Market listing

Property developer JRK Holdings seeks ACE Market listing

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Updated:
  • JRK Holdings Bhd plans to list on the ACE Market to raise funds for working capital and expansion.
  • The IPO will issue 48.16 million shares to the public, with no existing shares for sale.
  • JRK has completed three projects, which are JRK Senesta, JRK Convena and JRK Delta.
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Marriott International, Iconic Group ink agreement to launch Courtyard by Marriott on Penang mainland

Marriott International, Iconic Group ink agreement to launch Courtyard by Marriott on Penang mainland

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Updated:
  • Marriott and Iconic Group will open Courtyard by Marriott Penang Icon City.
  • The hotel, formerly Iconic Hotel, targets business and leisure travelers.
  • It will feature 196 rooms and various amenities.
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Sunway-led JV wins RM6.74 bil Bayshore Drive mixed-use site in Singapore

Sunway-led JV wins RM6.74 bil Bayshore Drive mixed-use site in Singapore

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Updated:
  • Sunway's joint ventures secured a Singapore land parcel for S$2.128 billion.
  • This 99-year lease is for a mixed-use development.
  • Earnings are expected from FY2029, with risks mitigated by partner experience.
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High Court says court auction buyers not automatically liable for previous owners' strata arrears

High Court says court auction buyers not automatically liable for previous owners' strata arrears

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Updated:
  • A High Court ruled auction buyers are not automatically liable for prior owners' maintenance arrears.
  • The judge stated the law doesn't transfer financial burdens to innocent purchasers.
  • This decision protects auction integrity and prevents unfair liability.
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JLL: Chinese firms’ overseas drive is outpacing their corporate real estate strategy

JLL: Chinese firms’ overseas drive is outpacing their corporate real estate strategy

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Updated:
  • Chinese firms expand globally, but their real estate strategies lag behind.
  • Greenfield investment has overtaken cross-border mergers and acquisitions.
  • JLL suggests a six-pillar framework for better real estate management.
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Tropicana introduces SouthPlace 2 Shoppes at Tropicana Metropark

Tropicana introduces SouthPlace 2 Shoppes at Tropicana Metropark

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Updated:
  • Tropicana introduces SouthPlace 2 Shoppes, a new retail component in Tropicana Metropark.
  • It offers 74 units, targeting completion by March 2027.
  • This development expands the township's retail and lifestyle offerings.
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Radium marks Vista Adesa topping-out, targets 2Q2027 completion

Radium marks Vista Adesa topping-out, targets 2Q2027 completion

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Updated:
  • Radium Development Bhd celebrated Vista Adesa's structural completion.
  • This 1,218-unit project is set for 2Q2027 completion.
  • It offers affordable 800 sq ft units from RM300,000.
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S P Setia launches Aurora II double-storey homes in Setia Bayuemas South, Klang

S P Setia launches Aurora II double-storey homes in Setia Bayuemas South, Klang

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Updated:
  • S P Setia Bhd launched Aurora II, 69 double-storey terrace homes in Klang.
  • This follows strong sales of Aurora I, showing buyer confidence.
  • Homes offer smart features, green spaces, and good accessibility.
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Tropicana holds employee wellness programme with over 350 participants

Tropicana holds employee wellness programme with over 350 participants

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Updated:
  • Tropicana Corp Bhd hosted an employee wellness program with AIA Bhd.
  • Over 350 employees attended health screenings and educational sessions.
  • This initiative supports Tropicana's ESG social commitments.
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Pesona Metro secures RM247.5 mil Setia Alam Medical Centre contract

Pesona Metro secures RM247.5 mil Setia Alam Medical Centre contract

news

Updated:
  • Pesona Metro secured a RM247.5 mil contract for a private hospital in Setia Alam.
  • The project includes piling, basement, main building, and external works.
  • It will positively impact earnings from July 2026 to January 2029.
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