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UOA REIT releases FY2025 annual report, sets April 29 for AGM

UOA REIT releases FY2025 annual report, sets April 29 for AGM

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Updated:
  • UOA Real Estate Investment Trust has released its FY2025 annual and corporate governance reports.
  • The 14th annual general meeting is set for April 29 at Connexion Conference Centre, Kuala Lumpur.
  • The annual report covers the financial year ended Dec 31, 2025.
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Net zero isn’t the finish line, it’s the starting point for smarter cities

Net zero isn’t the finish line, it’s the starting point for smarter cities

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Updated:
  • The International Sustainability Week (ISW) 2026 will explore moving beyond net zero to regenerative cities.
  • The most progressive developers no longer see sustainability as a cost of doing business.
  • Ecosystem integrity and biodiversity provide economic, social and psychological services.
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Govt approves 46 Pasir Puteh projects worth RM207.2 mil, supports ECRL development

Govt approves 46 Pasir Puteh projects worth RM207.2 mil, supports ECRL development

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Updated:
  • The government approved 46 projects for Pasir Puteh, Kelantan, totalling RM207.2 mil.
  • These projects will develop downstream industrial infrastructure near the ECRL cargo station.
  • This aims to leverage the ECRL for economic growth, attracting investment and creating jobs.
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Sime Darby Property’s RM78.6 mil compensation overturned by court

Sime Darby Property’s RM78.6 mil compensation overturned by court

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Updated:
  • Sime Darby Property lost its case for additional compensation from the government's acquisition of its land.
  • The Shah Alam High Court sided with the Malaysian Highway Authority.
  • Case involved compulsory acquisition of seven plots of land for the West Coast Expressway project.
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New 26-storey condominium proposed opposite Penang’s Gurney Paragon Mall

New 26-storey condominium proposed opposite Penang’s Gurney Paragon Mall

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Updated:
  • A 26-story condo is planned for Jalan Kelawai, Penang.
  • It will have 50 units and a 6-storey parking podium.
  • Details like developer and pricing are not yet public.
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Penang targets October to gazette Seberang Perai 2030 local land-use plan

Penang targets October to gazette Seberang Perai 2030 local land-use plan

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Updated:
  • Penang will gazette its Seberang Perai Local Plan 2030 by October.
  • This plan formalises land-use and development decisions for the mainland.
  • Rezoning applications will follow a structured, statutory process.
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UDA expands Penang wakaf project with 410-unit Amaanee Residences

UDA expands Penang wakaf project with 410-unit Amaanee Residences

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Updated:
  • UDA Holdings launched Amaanee Residences, a 410-unit apartment project in Penang.
  • The phased redevelopment of the Wakaf Seetee Aisah site has increased the wakaf land's value.
  • Units start from RM299,991 with completion by 2027.
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Tropicana trains staff to counter greenwashing as ESG scrutiny grows

Tropicana trains staff to counter greenwashing as ESG scrutiny grows

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Updated:
  • Tropicana Corp Bhd held an anti-greenwashing workshop for employees.
  • It aimed to strengthen ESG communication credibility.
  • The session focused on avoiding misleading sustainability claims.
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Melaka-based developer Parkland files for Main Market IPO

Melaka-based developer Parkland files for Main Market IPO

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Updated:
  • Parkland Bhd seeks a Main Market listing to fund land acquisitions and shareholder payouts.
  • They plan to develop a 248-acre Johor site into a commercial and industrial hub.
  • Parkland, founded by industry veteran Datuk Tan See Sen, currently has nine ongoing projects.
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YNH Property expects RM305.9 mil net gain from Jalan Sultan Ismail land sale

YNH Property expects RM305.9 mil net gain from Jalan Sultan Ismail land sale

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Updated:
  • YNH Property Bhd disclosed details on its RM455 mil land disposal.
  • The property's market value is RM500 mil, with a net book value of RM77.54 mil.
  • This sale is expected to generate a pro forma gain of RM305.93 mil for YNHP.
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