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Paramount completes RM257.9 mil Jalan Ampang land acquisition from IOI Properties

Paramount completes RM257.9 mil Jalan Ampang land acquisition from IOI Properties

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Updated:
  • Paramount Corp acquired a 3.7-acre commercial plot in Kuala Lumpur for RM257.9 mil.
  • They plan to build two serviced apartment blocks with a RM1.1 bil GDV.
  • This acquisition boosts Paramount's total remaining GDV, which stood at RM4.8 bil as at Dec 31, 2025.
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SkyWorld claims fourth straight World Award at FIABCI Prix d'Excellence, this time for affordable housing

SkyWorld claims fourth straight World Award at FIABCI Prix d'Excellence, this time for affordable housing

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Updated:
  • SkyWorld won a World Silver Award for SkyAwani 5 Residences at the FIABCI World Prix d'Excellence Awards.
  • This marks their fourth consecutive year receiving a world-level accolade.
  • The award highlights their commitment to quality affordable housing development.
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Reader’s Letter: Modernising housing laws without losing public trust

Reader’s Letter: Modernising housing laws without losing public trust

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Updated:
  • Malaysia's housing law overhaul needs practical, balanced reforms.
  • New laws must strengthen public confidence and protect stakeholders.
  • Effective implementation and clear strategy are crucial for success.
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MRCB unit signs collaboration agreement for RM2.1 bil AI-ready data centre facility in Bukit Jalil

MRCB unit signs collaboration agreement for RM2.1 bil AI-ready data centre facility in Bukit Jalil

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Updated:
  • MRCB subsidiary BJSP will develop an AI-ready data centre in Bukit Jalil.
  • The RM2.1 bil project will have a 65 MW IT load capacity.
  • This venture provides MRCB recurring income and establishes its digital infrastructure presence.
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Property Valuation Dept, AmanahRaya launch digital platform to accelerate estate administration process

Property Valuation Dept, AmanahRaya launch digital platform to accelerate estate administration process

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Updated:
  • AmanahRaya and JPPH launched "JPPH Drive" to digitise estate administration.
  • This platform aims to streamline property valuation and reduce manual processes.
  • The collaboration enhances efficiency and transparency for public service delivery.
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Secondary town to boomtown: the industrial rise of Seremban–Nilai corridor

Secondary town to boomtown: the industrial rise of Seremban–Nilai corridor

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Updated:
  • The Seremban and Nilai are increasingly being framed within a broader “conurbation of connectivity”.
  • Seremban and its surrounding urban communities are unfolding into a single, self-sustaining growth hub.
  • The Malaysia Vision Valley (MVV) 2.0 framework remains a key structural driver of transformation.
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MD continues with share trading as Tanco claims ‘business as usual’

MD continues with share trading as Tanco claims ‘business as usual’

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Updated:
  • Tanco Holdings' MD, Datuk Seri Andrew Tan, continued his trading as usual despite price collapse.
  • He bought 82.5 mil and sold 96.4 mil shares in four days.
  • His direct stake increased to 20.03% after these transactions.
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Rise in cost of building materials still under control — Nanta

Rise in cost of building materials still under control — Nanta

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Updated:
  • Construction material cost increases are currently manageable.
  • Contractors can absorb costs, avoiding project delays.
  • The government monitors the situation and has strategies for future price hikes.
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Beshom's Hai-O unit to sell 14.58-acre Klang industrial land for RM85.80 mil, booking RM52.78 mil gain

Beshom's Hai-O unit to sell 14.58-acre Klang industrial land for RM85.80 mil, booking RM52.78 mil gain

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Updated:
  • Beshom Holdings Bhd is selling three industrial land parcels in Klang for RM85.80 mil cash.
  • The sale to JT Development Sdn Bhd is expected to yield a pro forma gain of RM52.78 mil.
  • Proceeds will fund a new warehouse, working capital, and infrastructure improvements.
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Hydroshoppe's KL Tower bribery trial to start on Jan 4 next year

Hydroshoppe's KL Tower bribery trial to start on Jan 4 next year

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Updated:
  • The High Court set 20 trial days for Hydroshoppe and its directors starting Jan 4, 2027.
  • In connection with the takeover of the Kuala Lumpur Tower concession.
  • Judge Noor Ruwena also set Aug 18 for mention and submission of documents.
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