Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
DHL opens second hub in Senai Airport City

DHL opens second hub in Senai Airport City

news

Updated:
  • DHL Supply Chain Malaysia has launched its South Region Hub 2 in Senai Airport City, Johor.
  • The new facility spans 18,660 sq m and supports advanced manufacturing and logistics activities.
  • Senai Airport City, part of MMC Group, is the master developer of the 2,718-acre integrated industrial.
Read More
Malton says no material progress on EV motorcycle collaboration with China's BENLG

Malton says no material progress on EV motorcycle collaboration with China's BENLG

news

Updated:
  • Malton Bhd's EV motorcycle collaboration with China's BENLG shows no material progress.
  • The MoU, signed in January, aimed to explore the Malaysian EV market.
  • This non-binding agreement has no immediate financial impact on Malton.
Read More
Aneka Jaringan completes RM1.02 mil acquisition of 51% stake in P3 International

Aneka Jaringan completes RM1.02 mil acquisition of 51% stake in P3 International

news

Updated:
  • Aneka Jaringan acquired 51% of P3 International for RM1.02 mil cash.
  • This expands their reach into Taiwan's construction sector.
  • A profit guarantee ensures future financial performance.
Read More
298-unit condominium proposed for redevelopment site on Jalan Scotland, George Town, Penang

298-unit condominium proposed for redevelopment site on Jalan Scotland, George Town, Penang

news

Updated:
  • A 35-story condo with 298 units is proposed on Jalan Scotland, Penang.
  • The plan involves demolishing two houses for this high-rise development.
  • The application is awaiting approval from the Penang Island City Council.
Read More
PRG’s major shareholder Ng petitions to wind up company after loan restructuring talks fail

PRG’s major shareholder Ng petitions to wind up company after loan restructuring talks fail

news

Updated:
  • PRG's largest shareholder, Datuk Ng Yan Cheng, seeks to wind up the company.
  • This follows a failed agreement to restructure a RM21.22 mil advance.
  • PRG is now exploring restructuring options with legal and accounting firms.
Read More
Lagenda lodges RM1.5 bil sukuk wakalah programme with SC to fund housing developments

Lagenda lodges RM1.5 bil sukuk wakalah programme with SC to fund housing developments

news

Updated:
  • Lagenda Properties Bhd's subsidiary made a lodgement for a RM1.5 bil sukuk wakalah programme.
  • This programme offers funding flexibility for affordable housing developments and working capital.
  • It has a perpetual tenure, with the first issuance expected soon.
Read More
1926 Heritage Hotel Penang completes RM20 mil restoration, joins Ascott's Unlimited Collection

1926 Heritage Hotel Penang completes RM20 mil restoration, joins Ascott's Unlimited Collection

news

Updated:
  • The 1926 Heritage Hotel Penang reopened after a RM20 mil restoration.
  • It is Malaysia's first hotel in The Unlimited Collection by Ascott.
  • The project preserved Anglo-Malay architecture, creating an urban resort.
Read More
YNH Property unit gets IRB approval for RM5.16m tax settlement plan

YNH Property unit gets IRB approval for RM5.16m tax settlement plan

news

Updated:
  • YNH Construction received IRB approval for a tax arrears settlement plan.
  • They will pay RM5.16 mil by Sept 10, 2026.
  • This resolves a winding-up petition, with penalties waived.
Read More
Pavilion REIT set for 2H rebound as renovated Parkson space reopens — CIMB Securities

Pavilion REIT set for 2H rebound as renovated Parkson space reopens — CIMB Securities

news

Updated:
  • Pavilion REIT's earnings are expected improve in 2HFY2026.
  • This is due to the redeveloped Parkson space reopening in early November and lower electricity costs.
  • Nonetheless, CIMB Securities expects 3QFY2026 earnings to remain broadly flat.
Read More
COA rejects Berjaya Hills appeal, rules states can set quit rent rates without National Land Council approval

COA rejects Berjaya Hills appeal, rules states can set quit rent rates without National Land Council approval

news

Updated:
  • The Court of Appeal ruled states can set quit rent rates without NLC approval.
  • This decision upheld higher rates for Berjaya Hills Resort Bhd.
  • The NLC's role is policy, not approving specific state rates.
Read More
Bites