AYER Holdings posts 59% rise in FY2025 revenue on stronger property segment

AYER Holdings posts 59% rise in FY2025 revenue on stronger property segment

news

Updated:
  • AYER Holdings Bhd reported RM171.1 million in revenue for FY2025, a 59% increase from FY2024.
  • Profit before tax rose 57% to RM77.1 million, driven by strong property development contributions.
  • The group remains optimistic about future growth with ongoing projects and new developments planned.
Read More
The aggregation play: IGB locks in the final piece of Southkey’s billion-ringgit puzzle

The aggregation play: IGB locks in the final piece of Southkey’s billion-ringgit puzzle

news

Updated:
  • IGB Bhd's recent RM214.97 mil land acquisition in Johor Bahru marks a key milestone for its Southkey project.
  • The deal strengthens IGB's goal of creating a large urban hub, similar to Mid Valley City in Kuala Lumpur.
  • Investor interest in IGB shares has surged, reflecting confidence in integrated developments.
Read More
Malaysia’s first hyperscale data centre earns GreenRE Platinum rating

Malaysia’s first hyperscale data centre earns GreenRE Platinum rating

news

Updated:
  • Malaysia's first hyperscale data centre has received GreenRE Platinum certification for sustainability.
  • This facility, by ZDATA Group, sets a new standard for eco-friendly digital infrastructure.
  • It will operate using 100% reclaimed water and aims for high energy efficiency with renewable energy sources.
Read More
ECRL diversion into Kuantan Port ready by year end, says deputy minister

ECRL diversion into Kuantan Port ready by year end, says deputy minister

news

Updated:
  • The East Coast Rail Link's diversion alignment into Kuantan Port is set for completion this year.
  • This project aims to enhance the national logistics network and boost cargo capacity at the port.
  • Additionally, plans for upgrading Kuantan Port include developing a new wharf and container storage yard.
Read More
Verdant Solar, Tune Protect introduce first local integrated solar protection

Verdant Solar, Tune Protect introduce first local integrated solar protection

news

Updated:
  • Tune Protect Malaysia and Verdant Solar launched Malaysia's first integrated solar and protection model.
  • Homeowners installing solar systems will receive insurance coverage at no extra cost.
  • This initiative aims to simplify solar adoption and enhance energy savings for Malaysian households.
Read More
Chinese electric vehicle companies to start assembly in Malaysia this year — Miti

Chinese electric vehicle companies to start assembly in Malaysia this year — Miti

news

Updated:
  • Chinese EV companies like Zeekr and XPeng plan local assembly in Malaysia by 2026.
  • The Ministry of Investment supports this to ensure a smooth transition from CBU imports.
  • This move aims to grow the domestic EV ecosystem and create high-skilled jobs.
Read More
IGB secures govt approval for RM215m Johor Bahru land deal

IGB secures govt approval for RM215m Johor Bahru land deal

news

Updated:
  • IGB Bhd's RM214.97 million land acquisition in Johor Bahru has received Ministry of Economy approval.
  • The joint venture with Southkey City Sdn Bhd will see IGB hold a 70% stake in the new company.
  • IGB aims to develop the site into a mixed-use urban hub, enhancing the Southkey area.
Read More
Clearing the air: Why indoor air quality is becoming an industrial priority in Malaysia

Clearing the air: Why indoor air quality is becoming an industrial priority in Malaysia

news

Updated:
  • Malaysia's focus on indoor air quality (IAQ) is expanding beyond healthcare to industrial settings.
  • The MOH's standards are pushing industries to prioritise IAQ for better worker health and productivity.
  • As multinational tenants demand transparency in air quality, effective monitoring systems are essential
Read More
Chinese businessmen call on Penang state govt to scrap quit rent revision

Chinese businessmen call on Penang state govt to scrap quit rent revision

news

Updated:
  • The Penang government is urged to cancel the quit rent revision because of its flawed framework.
  • Concerns include administrative inefficiency and potential investment discouragement, as stated by Datuk Seri Choot Ewe Seng.
  • He advocates for a more objective approach to land taxation with transparency and minimal intervention.
Read More
Rehda Institute: Driving industry progress as a social enterprise through collaborative insights

Rehda Institute: Driving industry progress as a social enterprise through collaborative insights

news

Updated:
  • The Rehda Institute serves as a knowledge hub for Malaysia's real estate, focusing on industrial growth.
  • Demand for industrial properties is rising due to FDI, e-commerce, and supportive policies.
  • Developers are optimistic yet cautious, emphasising the need for strategic planning and ESG compliance.
Read More
Bites