Wisma ELM structural framework intact—AmanahRaya REIT

Wisma ELM structural framework intact—AmanahRaya REIT

news

Updated:
  • The structural framework of Wisma ELM is intact after an independent engineering assessment.
  • No compromise to the building's integrity was found following the Jan 12 incident.
  • AmanahRaya REIT is prioritising safety and addressing any necessary repairs before resuming operations.
Read More
Dust concerns near Gelang Patah data centre site prompt enforcement review

Dust concerns near Gelang Patah data centre site prompt enforcement review

news

Updated:
  • Residents near the Nusajaya 2 Industrial Park raised concerns about dust pollution and construction hours.
  • Developer Tropicana Firstwide agreed to enhance dust mitigation measures and consider residents' CSR requests.
  • ZDATA clarified that their construction activities generate minimal dust and will not affect water supply.
Read More
GDB says no authorised investment scheme promising 20% return

GDB says no authorised investment scheme promising 20% return

news

Updated:
  • GDB Holdings Bhd clarified it has not issued any share investment scheme promising a 20% return.
  • The company advised shareholders to exercise caution and avoid speculative trading in its securities.
  • GDB remains focused on its operations and communicates updates through Bursa Malaysia and its website.
Read More
KPKT strengthens governance framework for MyKiosk following MACC review

KPKT strengthens governance framework for MyKiosk following MACC review

news

Updated:
  • The Ministry of Housing and Local Government is enhancing oversight for the MyKiosk initiative.
  • A MACC review found no corruption but revealed procedural gaps, prompting new guidelines forPBTs.
  • The initiative has expanded to support student entrepreneurship within campus ecosystems.
Read More
GDB enters Sarawak property market with RM32.72m land purchase

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

news

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.
Read More
Loke says govt ramping up efforts to expedite LRT3 opening

Loke says govt ramping up efforts to expedite LRT3 opening

news

Updated:
  • The Ministry of Transport is expediting the LRT3 opening to ease Klang Valley traffic congestion.
  • Minister Loke highlighted the need for more public transport options amid rising vehicle numbers.
  • He noted that vehicle sales reached 820,000 last year, making Malaysia the largest market in Southeast Asia.
Read More
UEM Sunrise completes RM500 mil Islamic medium-term note issuance with 12-year tenure

UEM Sunrise completes RM500 mil Islamic medium-term note issuance with 12-year tenure

news

Updated:
  • UEM Sunrise Bhd has issued RM500 million in Islamic medium-term notes under its IMTN programme.
  • The notes have a 12-year tenure, maturing on Feb 12, 2038.
  • Proceeds will fund shariah-compliant corporate purposes, including land acquisition and project development.
Read More
PR1MA appoints Brian Iskandar Zulkarim as group CEO

PR1MA appoints Brian Iskandar Zulkarim as group CEO

news

Updated:
  • Brian Iskandar Zulkarim has been appointed CEO of PR1MA Corporation Malaysia, effective Jan 1, 2026.
  • He previously led Bandar Malaysia Sdn Bhd, advancing its development and master plan.
  • PR1MA's chairman expressed confidence in Brian's leadership to continue progress in the housing sector.
Read More
UDA hands over UDA Heights in Johor

UDA hands over UDA Heights in Johor

news

Updated:
  • UDA Holdings Bhd has delivered keys to over 70 buyers of UDA Heights in Johor, ahead of schedule.
  • The project features bungalows and semi-detached houses, with prices starting at RM1.7 million.
  • UDA plans to launch three new projects in Bandar UDA Utama this year, focusing on quality and affordability.
Read More
Paramount’s FY2025 profit attributable up 16% to RM118.82 mil

Paramount’s FY2025 profit attributable up 16% to RM118.82 mil

news

Updated:
  • Paramount saw its profit attributable to ordinary shareholders rise 16% to RM118.82 mil for FY2025.
  • Revenue eased 9% to RM946.87 million, mainly due to declines in property and investment segments.
  • The company expects a satisfactory outlook for FY2026, with unbilled sales of RM1.5 billion.
Read More
Bites