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Axis REIT to convert remaining facilities to sustainability-linked financing

Axis REIT to convert remaining facilities to sustainability-linked financing

news

Updated:
  • Axis REIT plans to convert its loans to sustainability-linked financing to expand its portfolio.
  • The trust aims to achieve green building certifications to qualify for profit rebates.
  • Additionally, it is advocating for the renewal of a 10% withholding tax rate on REIT dividends.
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One-month free rides on LRT3 Shah Alam starting Monday, says PM Anwar

One-month free rides on LRT3 Shah Alam starting Monday, says PM Anwar

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Updated:
  • The LRT3 Shah Alam Line offers free rides from June 29 to July 31.
  • This includes feeder bus services along the new line.
  • The LRT3 Shah Alam Line project involved an investment of RM16.63 bil.
Northern Malaysia needs ecosystem strategy, not another spillover narrative

Northern Malaysia needs ecosystem strategy, not another spillover narrative

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Updated:
  • Malaysia's northern corridor, especially Kedah, sees unprecedented industrial investment growth.
  • This surge is driven by geopolitical shifts and structural advantages over competitors.
  • Future success hinges on building robust supporting ecosystems, not just attracting foreign direct investment.
EcoWorld, SD Guthrie confirm completion of EBP8 land acquisition and Johor land disposal

EcoWorld, SD Guthrie confirm completion of EBP8 land acquisition and Johor land disposal

news

Updated:
  • EcoWorld and SD Guthrie completed a 935-acre land acquisition in Johor.
  • This fulfills prior agreements from November 2025.
  • The filings confirm previously announced transactions.
Penang Port calls tender for 2.2-acre site at BDWW

Penang Port calls tender for 2.2-acre site at BDWW

news

Updated:
  • Penang Port seeks bids for a 2.20-acre parcel at Butterworth Deep Water Wharves.
  • The tender involves a long-term sub-lease for development and operation.
  • Proposals are due by July 30, 2026, with a mandatory site visit on June 30.
Rehda Institute launches updated property development handbook to reflect evolving industry practices

Rehda Institute launches updated property development handbook to reflect evolving industry practices

news

Updated:
  • Rehda Institute launched its updated Property Development Handbook.
  • It guides developers through Malaysia's increasingly complex property landscape.
  • The handbook reflects current regulations, sustainability, and digital trends.
Gamuda outperforms broader selldown, analysts shrug off weaker-than-expected results

Gamuda outperforms broader selldown, analysts shrug off weaker-than-expected results

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Updated:
  • Gamuda Bhd shares rose despite a weaker quarter.
  • Analysts recommend buying, expecting future profit growth.
  • The company has a strong order book and project pipeline.
Vestland wins RM135 mil construction job in Klang

Vestland wins RM135 mil construction job in Klang

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Updated:
  • Vestland Bhd secured a RM135 mil construction contract in Bukit Raja, Klang.
  • The project involves superstructure works for a nine-story factory.
  • Completion is expected within 36 months from the start date.
Econpile bags RM49 mil piling job in KL

Econpile bags RM49 mil piling job in KL

news

Updated:
  • Econpile secured a RM48.8 mil piling contract for a 74-story apartment project.
  • This boosts their FY2026 contract wins to RM404 mil.
  • The project will be completed within 16 months, with site operations commencing on July 7.
Anwar promises low-rental housing for civil servants

Anwar promises low-rental housing for civil servants

news

Updated:
  • PM Datuk Seri Anwar Ibrahim announced new housing for civil servants.
  • It will offer lower rental rates to ease financial burdens.
  • This initiative addresses rising rent despite salary increases.
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