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KIP REIT gets Bursa approval for placement linked to Setapak Central acquisition

KIP REIT gets Bursa approval for placement linked to Setapak Central acquisition

news

Updated:
  • KIP REIT gained approval for new unit listings to fund its Setapak Central Mall acquisition.
  • This RM435 million purchase will expand KIP REIT's portfolio and boost its assets under management.
  • The acquisition is expected to increase distribution per unit for unitholders.
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From campus to career: What the workplace really demands

From campus to career: What the workplace really demands

news

Updated:
  • Graduates need more than academics for career success.
  • The RIYI programme helps students gain vital workplace skills.
  • Communication, adaptability, and ownership are key for new employees.
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Alpha Galaxy inks MoU with Billion Group for proposed B-Grocer at Galaxy Exchange

Alpha Galaxy inks MoU with Billion Group for proposed B-Grocer at Galaxy Exchange

news

Updated:
  • Alpha Galaxy Group and Billion Group signed an MoU for a B-Grocer supermarket.
  • It will be at Galaxy Exchange, a 166-acre mixed-use development.
  • The supermarket aims to serve nearby communities with fresh produce.
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Pesona Metro’s 2Q net profit rises 47% on stronger property development

Pesona Metro’s 2Q net profit rises 47% on stronger property development

news

Updated:
  • Pesona Metro's 2Q net profit rose 46.7% to RM13.67 mil.
  • Revenue increased 46.2% due to strong property development contributions.
  • The company expects satisfactory performance for FY2026.
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Frasers Property, Tan & Tan plan PJ Quarter mixed-use project in Section 13

Frasers Property, Tan & Tan plan PJ Quarter mixed-use project in Section 13

news

Updated:
  • Frasers Property and Tan & Tan will co-develop PJ Quarter, a mixed-use project.
  • Tan & Tan is acquiring F&N's 50% stake in Vacaron, which owns the site.
  • The first phase includes homes, retail, and a park, launching in 2027.
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Four agencies to market AI Living @ i-City

Four agencies to market AI Living @ i-City

news

Updated:
  • i-City Properties is partnering with four agencies for its AI Living @ i-City project.
  • This collaboration explores AI's role in the entire property ownership journey.
  • The official launch is set for October, with sales agreements in 2Q2027.
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7-Eleven Malaysia completes RM19m Seri Kembangan land acquisition

7-Eleven Malaysia completes RM19m Seri Kembangan land acquisition

news

Updated:
  • 7-Eleven Malaysia acquired land in Seri Kembangan for RM19 mil.
  • This land will become a food commissary for the company.
  • The new facility aims to boost fresh food supply and product quality.
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YTL Corp’s property revenue rises 43% in 4Q

YTL Corp’s property revenue rises 43% in 4Q

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Updated:
  • YTL Corp's property revenue rose 43% in 4QFY2026, but recorded a pre-tax loss.
  • Group net profit fell 47.1% despite a 15.3% revenue increase.
  • Strong cement and data centre growth offset declines in other segments.
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Teladan’s 2Q net profit rises 42% on higher development billings

Teladan’s 2Q net profit rises 42% on higher development billings

news

Updated:
  • Teladan Group Bhd's 2QFY2026 net profit rose 42.4% to RM9.31 mil due to higher progressive billings.
  • Revenue increased 31% to RM88 mil from ongoing property developments.
  • First-half net profit also grew by 50%, reaching RM19.48 mil.
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KIP REIT gets Bursa approval for placement linked to Setapak Central acquisition