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Gagasan Nadi Cergas secures RM134m en bloc sale of affordable condominium to Selangor Housing and Property Board

Gagasan Nadi Cergas secures RM134m en bloc sale of affordable condominium to Selangor Housing and Property Board

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Updated:
  • Gagasan Nadi Cergas Bhd sold 523 affordable housing units to Selangor Housing for RM134.4 million.
  • This deal supports a rent-to-own scheme, aiding residents in future home purchases.
  • The company plans to deliver 14,000 affordable homes over seven years, with a GDV of RM3.8 billion.
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Bathroom myth: What you don’t know about fires could kill you

Bathroom myth: What you don’t know about fires could kill you

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Updated:
  • Federal Territories Minister Hannah Yeoh emphasises that bathrooms are not safe during fires.
  • Residential fires are the deadliest in Malaysia, with many victims succumbing to smoke inhalation.
  • A culture of safety is essential, involving preparation, management responsibility, and community awareness.
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What’s happening to KL’s older buildings?

What’s happening to KL’s older buildings?

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  • Kuala Lumpur's skyline is rapidly evolving, with older buildings facing challenges in maintaining relevance.
  • Iconic structures are being repositioned or redeveloped to meet modern tenant expectations and market demands.
  • The focus is shifting towards unlocking land value and adapting older spaces for new uses.
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Exsim Hospitality unit bags RM138 mil nominated sub-contract for MEP, fit-out and building services works

Exsim Hospitality unit bags RM138 mil nominated sub-contract for MEP, fit-out and building services works

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Updated:
  • Exsim Hospitality Bhd's subsidiary accepted a RM138 million sub-contract from Binastra Builders Sdn Bhd.
  • The works include mechanical, electrical, plumbing, and interior design services over 41 months.
  • This award is expected to positively impact EHB's financial metrics without needing shareholder approval.
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WTEC Group to acquire Semenyih detached factory for RM10.80 mil to consolidate manufacturing operations

WTEC Group to acquire Semenyih detached factory for RM10.80 mil to consolidate manufacturing operations

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Updated:
  • WTEC Group Bhd's subsidiary plans to buy a factory in Semenyih for RM10.80 million cash.
  • The purchase is part of WTEC's expansion strategy to consolidate operations into one facility.
  • Funding will come from IPO proceeds and is not expected to impact earnings or require shareholder approval.
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SGX-listed InnoTek commits RM16 mil to new Melaka facility to strengthen Southeast Asia presence

SGX-listed InnoTek commits RM16 mil to new Melaka facility to strengthen Southeast Asia presence

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Updated:
  • InnoTek Ltd is investing S$5 million in a new manufacturing facility in Melaka.
  • The 10,000 sq m plant will enhance production of precision metal components.
  • This expansion supports InnoTek's growth in Southeast Asia amid shifts in manufacturing away from China.
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SunCon bags RM1.75 bil contract to build hyperscale data centre in Bandar Serendah, Selangor

SunCon bags RM1.75 bil contract to build hyperscale data centre in Bandar Serendah, Selangor

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Updated:
  • Sunway Construction Group Bhd has secured a RM1.75 billion contract for a data centre in Selangor.
  • Construction will start in 3Q2026 and is expected to finish by 3Q2028.
  • The project will positively impact earnings from 2026 onwards, despite no immediate effects.
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TSiC unit gets six-month extension to complete Melaka industrial land acquisition

TSiC unit gets six-month extension to complete Melaka industrial land acquisition

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Updated:
  • TSiC Bhd's subsidiary BPE Synergy has extended its acquisition of two industrial land parcels in Melaka.
  • The completion deadlines for both parcels have been pushed to October 20, 2026, due to pending state consent.
  • This marks the fourth extension since the acquisition was first announced on August 22, 2025.
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Gamuda bags RM1.72 bil contract to build hyperscale data centre in Port Dickson

Gamuda bags RM1.72 bil contract to build hyperscale data centre in Port Dickson

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Updated:
  • Gamuda Bhd's subsidiary has secured a RM1.72 billion contract for a data centre in Port Dickson.
  • Construction will start in 2Q2026 and is expected to finish by 1Q2028.
  • This project boosts Gamuda's data centre portfolio, raising its total contract value to over RM3 billion.
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RISM's National Real Estate Convention to explore how property industry navigates digital integration

RISM's National Real Estate Convention to explore how property industry navigates digital integration

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Updated:
  • The Royal Institution of Surveyors Malaysia will host its 33rd National Real Estate Convention on April 21.
  • This year's theme focuses on digitalisation and technology's impact on the property industry.
  • RISM aims to reposition surveyors from traditional roles to strategic advisory functions in asset management.
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