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Bedi buys 8.7-acre land in Sabah for future projects

Bedi buys 8.7-acre land in Sabah for future projects

news

Updated:
  • Bedi Bhd is acquiring 8.7 acres of land in Penampang for RM15.92 million to support future projects.
  • The deal involves a subdivision of a larger parcel and will be funded by internal funds and loans.
  • Bedi recently reported a net profit of RM24.5 million, marking a turnaround after years of losses.
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NCT Alliance hands over NCT Smart Industrial Park Phase 1, launches KM2

NCT Alliance hands over NCT Smart Industrial Park Phase 1, launches KM2

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Updated:
  • NCT Alliance Bhd began handing over Phase 1 of its NCT Smart Industrial Park (NSIP), achieving a 90% take-up rate.
  • It also launched KM2, part of Phase 2, offering diverse industrial spaces.
  • NSIP is the first IDRISS development to reach this stage, with a total GDV of RM10.2 billion.
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Plytec seeks up to RM7.52m in facilities for Kuala Langat land deal

Plytec seeks up to RM7.52m in facilities for Kuala Langat land deal

news

Updated:
  • Plytec Holding Bhd applied for RM7.52 million in banking facilities.
  • This is to fund a RM6.21 million land acquisition and conversion premium.
  • The land is for expansion near their current facility.
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Kenanga says RM2 MKH offer ‘not fair’ but recommends acceptance

Kenanga says RM2 MKH offer ‘not fair’ but recommends acceptance

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Updated:
  • Kenanga recommends accepting Whitmore's RM2/share offer for MKH, despite deeming it "not fair" due to a lower valuation.
  • The offer is considered "reasonable" given premiums over historical prices and low liquidity.
  • MKH's directors also concur with this "not fair but reasonable" assessment.
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SLSB, eight individuals exempted from mandatory offer for KSL shares

SLSB, eight individuals exempted from mandatory offer for KSL shares

news

Updated:
  • The SC exempted Success Lineage and eight individuals from a mandatory offer for KSL Holdings shares.
  • This is due to a restructuring to establish a single family office.
  • The exemption is subject to SC's terms and conditions.
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LBS brings MYDIN to KITA @ Cybersouth as township’s first supermarket

LBS brings MYDIN to KITA @ Cybersouth as township’s first supermarket

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Updated:
  • LBS Bina Group Bhd and Mydin Mohamed Holdings Bhd (MYDIN) signed a tenancy agreement.
  • MYDIN will open the first supermarket at KITA @ Cybersouth in Dengkil, Selangor.
  • This 24,000 sq ft store will serve the growing township's residents.
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KPKT urges homebuyers to check developers on TEDUH before buying

KPKT urges homebuyers to check developers on TEDUH before buying

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Updated:
  • KPKT urges homebuyers to use its TEDUH portal before purchasing property.
  • The portal offers crucial information on developers, licenses, and project status.
  • This helps buyers make informed decisions and avoid risks.
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Mah Sing among Malaysia’s top 10 developers at Hubexo Asia Awards for 15th year

Mah Sing among Malaysia’s top 10 developers at Hubexo Asia Awards for 15th year

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Updated:
  • Mah Sing Group Bhd won a Top 10 Developers award for the 15th year.
  • This award recognises construction project value and green building ratings.
  • Mah Sing adapts to market changes and seeks new growth opportunities.
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Penang to auction six-acre land to raise funds to complete Ayer Itam bypass

Penang to auction six-acre land to raise funds to complete Ayer Itam bypass

news

Updated:
  • Penang will auction six acres of land next month.
  • This aims to fund the nearly complete Ayer Itam bypass project.
  • The sale could generate over RM300 mil for the project.
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Genting plugs Resorts World Langkawi into regional ONE°15 marina network

Genting plugs Resorts World Langkawi into regional ONE°15 marina network

news

Updated:
  • Genting Malaysia is adding a marina to Resorts World Langkawi.
  • It will connect to ONE°15 Marina's regional network.
  • The marina expects its first yachts in late 2027.
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