Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
Maxim Global gets 24 sen takeover offer from managing director

Maxim Global gets 24 sen takeover offer from managing director

news

Updated:
  • Maxim Global Bhd received a takeover offer of 24 sen per share from managing director Tan Sri Gan Seong Liam.
  • The offer is below recent trading levels, with a discount of 11.11% from the last price of 27 sen.
  • Gan's acquisition raised his stake to 37.33%, and he must extend the offer to other shareholders.
Read More
Fare for LRT3 Shah Alam line comes into effect tomorrow

Fare for LRT3 Shah Alam line comes into effect tomorrow

news

Updated:
  • LRT3 Shah Alam line fares begin tomorrow, Aug 15.
  • This includes shuttle buses and Park N' Ride services.
  • Rapid KL thanks users and advises preparing fare cards.
Read More
Semantan valuer: Govt valuation for 1956 compensation is flawed

Semantan valuer: Govt valuation for 1956 compensation is flawed

news

Updated:
  • A valuer testified that the govt's assessment of the 263.272-acre 'Duta enclave' land was flawed.
  • Foo Gee Jen, 63 argued against using historical reports for valuation.
  • He added the government valuer's statements lacked independent verification.
Read More
Magna Prima sets 1H2027 target for RM700m restructuring of 8 Conlay

Magna Prima sets 1H2027 target for RM700m restructuring of 8 Conlay

news

Updated:
  • Magna Prima's unit will complete the stalled 8 Conlay project.
  • This RM700 mil deal involves issuing loan securities.
  • The project is expected to finish by mid-2027.
Read More
Green Garden Flats residents object to COB-appointed management company

Green Garden Flats residents object to COB-appointed management company

news

Updated:
  • A management dispute arose after a new company was appointed to manage Green Garden Flats.
  • Residents and the current manager object, citing lack of consultation.
  • Green Garden Flats has an estimated occupancy rate of 70% and more than 9,000 residents.
Read More
JLL: Policy, infrastructure reshaping Southeast Asia’s property map

JLL: Policy, infrastructure reshaping Southeast Asia’s property map

news

Updated:
  • Southeast Asia's real estate is shaped by policy, infrastructure, and digitalisation.
  • Malaysia exemplifies this shift with new economic corridors and digital hubs.
  • Investors must consider incentives and infrastructure, not just traditional metrics.
Read More
Bukit Jalil property prices: Pavilion mall lends its premium, mid-market assets grind higher

Bukit Jalil property prices: Pavilion mall lends its premium, mid-market assets grind higher

news

Updated:
  • Bukit Jalil's property market shows diverse trends across different segments.
  • Pavilion-linked condos maintain high, stable prices, signaling buyer confidence.
  • Mid-market properties exhibit quiet gains, with some projects showing significant re-rating.
Read More
AmanahRaya REIT 2Q profit rises 21% to RM1.18m

AmanahRaya REIT 2Q profit rises 21% to RM1.18m

news

Updated:
  • AmanahRaya REIT's 2Q profit rose 20.6% to RM1.18 mil due to improved rental income.
  • First-half profit increased 52.2% to RM6.62 mil, driven by new acquisitions.
  • The REIT is rejuvenating its portfolio and addressing an incident at a HELP University property.
Read More
Genting Plantations completes Kulai vegetable technology JV

Genting Plantations completes Kulai vegetable technology JV

news

Updated:
  • Genting Plantations completed a JV with SVST for a tropical vegetable crops centre in Kulai.
  • Genting's subsidiary holds 60% in the technology and operating JV companies.
  • This initiative aims to boost sustainable growth and food security in the region.
Read More
ETA secures RM13.2 mil Rawang industrial contracts

ETA secures RM13.2 mil Rawang industrial contracts

news

Updated:
  • ETA Group secured two construction contracts totaling RM13.17 mil.
  • Its subsidiary will design and build industrial facilities in Rawang, Selangor.
  • These contracts mark a significant step in ETA's diversification strategy.
Read More
Bites
Maxim Global gets 24 sen takeover offer from managing director