- Widad Group Bhd's subsidiary faces a winding-up petition.
- The hearing is rescheduled to Sept 28, 2026.
- Widad will provide updates on this matter.
Widad unit's winding-up petition hearing rescheduled to Sept 28
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Updated:
Nuvah targets November start for 3D-printed bungalow
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Updated:- Nuvah plans Malaysia's first 3D-printed luxury bungalow, Villa Bayu, starting construction in November.
- Nuvah said it uses V3D Asia's gantry-based concrete-printing system.
- The company aims to develop local 3D construction printing capabilities and workforce in Malaysia.
Magma completes estimated RM63m sale of 20% Impiana KLCC Hotel stake
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Updated:- Magma Group Bhd sold its 20% stake in Impiana KLCC Hotel for RM63 mil cash.
- This disposal allows Magma to exit a non-core asset and improve its financial standing.
- The proceeds will repay debt and fund other business investments.
TRX: Over 85% of office supply committed as Menara Ethos to add 808,000 sq ft
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Updated:- TRX City reports over 85% of office supply is committed.
- Menara Ethos, a new 41-story office tower, will add 808,000 sq ft.
- Construction starts December 2026, with PwC Malaysia as a key tenant.
Exsim Hospitality unit gets RM7.35m related-party contract
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Updated:- Exsim Hospitality Bhd's subsidiary secured a RM7.35 mil contract.
- It's for a two-story temporary sales gallery in Kuala Lumpur.
- The project starts Sept 7 and finishes March 6, 2027.
Chin Hin Group Property tops out Ayanna Resort Residences, targets 2Q2027 handover
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Updated:- Chin Hin Group Property Bhd topped out Ayanna Resort Residences in Bukit Jalil.
- This RM732.1 mil project has achieved an impressive 95% take-up rate.
- Handover is targeted for the second quarter of 2027.
KPKT first ministry to receive GreenRE Gold Rating
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Updated:- KPKT the first ministry in Malaysia to receive a GreenRE Gold Rating for an existing non-residential building.
- This reflects KPKT's commitment to energy efficiency and sustainable practices.
- KPKT aims for a Platinum Rating and will promote green building adoption.
Govt valuer: RM1.39 mil compensation for 'Duta Enclave' in 1956 more than adequate
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Updated:- A government officer testified that the RM1.39 mil compensation for land acquisition was adequate.
- He argued that the company's valuation was flawed, using inappropriate comparable properties.
- The court must determine the 1956 market value for the acquired land.
Malaysia emerging as student housing investment market — JLL
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Updated:- Malaysia is an emerging market for student housing investment, attracting capital beyond Australia.
- Its location, English education, and cost-effectiveness appeal to students from various regions.
- However, detailed data on Malaysia's student housing market is currently limited.
Sapura Industrial proposes RM42.33m sale of 10.12-acre Bangi industrial land
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Updated:- Sapura Industrial Bhd plans to sell two industrial land parcels for RM42.33 mil cash.
- This sale is expected to generate a pro forma gain of about RM29.14 mil.
- The proceeds will fund expansion and working capital, not a separate JV financial assistance.
