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AME REIT closes FY2026 with RM86 mil portfolio revaluation uplift, full-year distributable income rises 13% to RM44.3 mil

AME REIT closes FY2026 with RM86 mil portfolio revaluation uplift, full-year distributable income rises 13% to RM44.3 mil

news

Updated:
  • AME Real Estate Investment Trust (AME REIT) reported a strong financial year ending March 31, 2026.
  • The total revenue increased by 22.4% year-on-year to RM62.33 million.
  • A final income distribution of 2.16 sen per unit has been declared.
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Sena Residences’ Tower B & D achieve 98% take-up in six months, triggers launch of final two blocks

Sena Residences’ Tower B & D achieve 98% take-up in six months, triggers launch of final two blocks

news

Updated:
  • Setia Awan's Sena Residences in Shah Alam saw 98% take-up for its first two towers.
  • This led to an early release of 1,102 new units, including Soho Transit Units.
  • These units offer affordable, transit-oriented living near an LRT station.
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Crescendo extends land sale deadline as TNB utility condition remains unresolved

Crescendo extends land sale deadline as TNB utility condition remains unresolved

news

Updated:
  • Crescendo Corp Bhd extended its land sale agreement.
  • The deal, worth RM200.88 mil, is for industrial land in Johor.
  • An outstanding condition with Tenaga Nasional Bhd needs fulfilling.
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Sunway MCL-CSC Land Group JV tops bids for River Valley Green GLS site at S$1,730 psf ppr

Sunway MCL-CSC Land Group JV tops bids for River Valley Green GLS site at S$1,730 psf ppr

news

Updated:
  • Sunway MCL and CSC Land Group submitted the highest bid for River Valley Green (Parcel C).
  • Their S$750.57 mil offer set a new benchmark land rate.
  • This final parcel will yield over 500 premium residential units.
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PRG Holdings board terminates related-party debt settlement, initiates independent review

PRG Holdings board terminates related-party debt settlement, initiates independent review

news

Updated:
  • PRG Holdings Bhd terminated a debt settlement plan.
  • It involved RM37.17 mil owed by Premier De Muara Sdn Bhd.
  • An independent reviewer will be appointed to address governance concerns.
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IWG launches Malaysia's first Regus Express at Crowne Plaza KLCC

IWG launches Malaysia's first Regus Express at Crowne Plaza KLCC

news

Updated:
  • IWG launched Malaysia's first Regus Express at Crowne Plaza KLCC.
  • The workspace is located along Jalan Yap Kwan Seng and near MRT and LRT stations.
  • It meets growing demand for flexible, capital-light workspace solutions.
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Harn Len unit buys Hong Kong serviced apartment block for HK$203.8 mil

Harn Len unit buys Hong Kong serviced apartment block for HK$203.8 mil

news

Updated:
  • Harn Len's subsidiary will acquire a Hong Kong serviced apartment block.
  • The purchase price is HK$203.8 mil (RM105.35 mil).
  • A deposit of HK$20.38 mil has been paid.
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Selangor studies land issue on third terminal in Port Klang

Selangor studies land issue on third terminal in Port Klang

news

Updated:
  • Selangor finalises land for Port Klang's Third Terminal on Carey Island.
  • The project uses a Build-Operate-Transfer model, targeting a construction start this year.
  • This strategic port aims to boost Malaysia's economic and logistics sectors.
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Bina Darulaman unit to develop RM41.5 mil GDV commercial hub in Jitra, Kedah

Bina Darulaman unit to develop RM41.5 mil GDV commercial hub in Jitra, Kedah

news

Updated:
  • BDB Land is developing Darulaman Commercial District, a RM41.5 mil project.
  • It includes 45 shop offices and a new corporate building.
  • This aims to boost the region's economy and community.
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Bites
AME REIT closes FY2026 with RM86 mil portfolio revaluation uplift, full-year distributable income rises 13% to RM44.3 mil