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GDB enters Sarawak property market with RM32.72m land purchase

GDB enters Sarawak property market with RM32.72m land purchase

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Updated:
  • GDB Holdings Bhd is acquiring three leasehold land parcels in Kuching for RM32.72 million.
  • The development will include mixed-use facilities like serviced apartments and retail spaces.
  • The deal is expected to enhance GDB's project pipeline without significantly impacting FY2026 earnings.
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KLK Land to open Coalfields Retail Park on Aug 20 with 85% occupancy secured

KLK Land to open Coalfields Retail Park on Aug 20 with 85% occupancy secured

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Updated:
  • KLK Land is set to open Coalfields Retail Park on August 20, 2026, with 85% occupancy secured.
  • This 21-acre hybrid retail park in Sungai Buloh features diverse tenants and is linked to a lakeside park.
  • The development aims to serve a growing community of over one million people within a 20-minute drive.
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From startup to scale: E Trend Realty’s nationwide growth story

From startup to scale: E Trend Realty’s nationwide growth story

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  • E Trend Realty Sdn Bhd has rapidly expanded to 20 branches, focusing on empowering real estate professionals.
  • The company emphasises systems like the SOS for market intelligence and maintains a unified culture.
  • E Trend aims to guide clients in making informed, sustainable investment decisions.
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All 34 sick PR1MA projects completed, over 22,000 buyers received homes, says Nga

All 34 sick PR1MA projects completed, over 22,000 buyers received homes, says Nga

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  • A total of 34 sick PR1MA projects have been completed, benefiting 22,925 buyers.
  • Housing Minister Nga Kor Ming announced the milestone at a key handover ceremony in Melaka.
  • The government aims for zero sick projects by 2030 while addressing challenges like rising construction costs.
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Sunway eyes joint procurement after IJM takeover, says president

Sunway eyes joint procurement after IJM takeover, says president

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Updated:
  • Sunway Bhd plans joint procurement in construction after acquiring IJM Corporation Bhd within nine months.
  • The integration will involve merging operations while ensuring job security for employees from both companies.
  • Sunway's offer will remain open for acceptance until 5pm on April 6.
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S P Setia, Maybank roll out Raya campaign with MyDeco financing offering

S P Setia, Maybank roll out Raya campaign with MyDeco financing offering

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Updated:
  • S P Setia Bhd launched a Hari Raya Aidilfitri campaign with purchase incentives and referral rewards!
  • The campaign runs from March 16 to April 30, enhancing homeownership and community connections.
  • Key features include a RM4,000 reward for buyers and a referral fee of RM3,000 for successful introductions.
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GDB revises timeline for land acquisition conditions precedent

GDB revises timeline for land acquisition conditions precedent

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Updated:
  • GDB Holdings Bhd has amended the timeline for acquiring three land parcels in Kuching, Sarawak.
  • The timeframe for obtaining consent for Lot 19102 has been reduced from nine months to two months.
  • All other terms of the original agreement remain unchanged and in effect.
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Probe into Sunway's takeover offer for IJM completed, papers now with attorney general, says Azam Baki

Probe into Sunway's takeover offer for IJM completed, papers now with attorney general, says Azam Baki

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Updated:
  • Malaysia's anti-graft agency has submitted investigation papers on IJM Corporation's takeover to the AG.
  • The MACC clarified that investigations focus on individuals, not the group itself.
  • Two main cases involve a RM2.5 billion money laundering scheme and alleged bribery linked to a project.
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Latest contract win shows IJM could hold its own, analysts say amid takeover bid

Latest contract win shows IJM could hold its own, analysts say amid takeover bid

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Updated:
  • IJM Corporation Bhd secured a RM658 million contract, showcasing its strength amid a takeover bid.
  • Analysts believe this win enhances IJM's prospects for future contracts, potentially worth RM6.8 billion.
  • Major shareholders are resisting the takeover, which could jeopardise the deal as they hold 43% of IJM shares.
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