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Kenanga starts covering Al-Aqar Healthcare REIT for its recession-resistant portfolio

Kenanga starts covering Al-Aqar Healthcare REIT for its recession-resistant portfolio

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Updated:
  • Kenanga Investment Bank has rated Al-Aqar Healthcare REIT as 'outperform' due to its stable cash flows.
  • The REIT's portfolio is growing, with a target asset size of RM2.5 bil by 2028, bolstered by long-term leases.
  • However, risks include tenant concentration, as KPJ Healthcare is the main tenant for 90% of the portfolio.
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PTT Synergy enters RM900,000 monthly lease deal; secures RM31.68 million job in Elmina East, Shah Alam

PTT Synergy enters RM900,000 monthly lease deal; secures RM31.68 million job in Elmina East, Shah Alam

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Updated:
  • PTT Synergy Group Bhd has signed a long-term warehouse automation deal with Mydin and Sime Darby.
  • The agreement includes a 15-year lease for an automated system, generating stable rental income.
  • Additionally, PTT's subsidiary received a RM31.68 million contract for earthworks in Klang.
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Kerjaya Prospek bags RM98.8 mil private hospital contract in Seremban

Kerjaya Prospek bags RM98.8 mil private hospital contract in Seremban

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Updated:
  • Kerjaya Prospek Group Bhd has secured a RM98.79 million contract for a private hospital in Seremban 2.
  • The project includes main building works and is set for completion within 18 months.
  • The contract is expected to positively impact earnings for the financial years 2026 to 2027.
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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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Updated:
  • 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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Updated:
  • 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

news

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

news

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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