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Pavilion REIT set for 2H rebound as renovated Parkson space reopens — CIMB Securities

Pavilion REIT set for 2H rebound as renovated Parkson space reopens — CIMB Securities

news

Updated:
  • Pavilion REIT's earnings are expected improve in 2HFY2026.
  • This is due to the redeveloped Parkson space reopening in early November and lower electricity costs.
  • Nonetheless, CIMB Securities expects 3QFY2026 earnings to remain broadly flat.
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PPK Malaysia confers Legacy Awards to shopping mall veterans

PPK Malaysia confers Legacy Awards to shopping mall veterans

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Updated:
  • PPK Malaysia honored advisors with Legacy Awards for their industry contributions.
  • These awards recognise pioneers in Malaysia's shopping mall sector.
  • The awards celebrate leadership, innovation, and advocacy in the industry.
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KLK Land opens 21-acre Coalfields Retail Park with 90% occupancy

KLK Land opens 21-acre Coalfields Retail Park with 90% occupancy

news

Updated:
  • KLK Land opened Coalfields Retail Park in Selangor with 90% occupancy.
  • This 21-acre project is KLK Land's first retail development.
  • It features over 100 brands and expects five million annual visitors.
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UDA’s Heritage Valley KL records RM4.6m sales in first year

UDA’s Heritage Valley KL records RM4.6m sales in first year

news

Updated:
  • UDA Holdings Bhd's Heritage Valley Kuala Lumpur generated over RM4.6 mil in its first year.
  • The hub, costing RM9.7 mil, supports over 500 entrepreneurs.
  • It transforms underutilised spaces into commercial opportunities for small businesses.
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CHGP’s RM66m Kota Damansara property deal becomes unconditional

CHGP’s RM66m Kota Damansara property deal becomes unconditional

news

Updated:
  • Chin Hin Group Property Bhd (CHGP) finalised its RM66 mil industrial property acquisition.
  • CHGP plans to redevelop the site into an integrated industrial-commercial hub.
  • This move expands CHGP's property development into the industrial sector.
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Country Heights units face property auctions with RM207.8m combined reserve prices

Country Heights units face property auctions with RM207.8m combined reserve prices

news

Updated:
  • Two Country Heights Holdings Bhd (CHHB) properties face judicial auctions.
  • The Mines Waterfront Business Park has a reserve price of RM152.77 mil.
  • A Kajang commercial parcel is set for RM55 mil.
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Whitmore buys another 1.06 million MKH shares at RM1.99 during takeover offer

Whitmore buys another 1.06 million MKH shares at RM1.99 during takeover offer

news

Updated:
  • Whitmore Holdings acquired another 1.06 mil MKH Bhd shares at RM1.99 each.
  • This adds to previous purchases, totaling 2.64 million shares.
  • The RM2 offer is deemed "not fair but reasonable" by an independent adviser.
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AME Elite to buy 176.45 acres in Pontian for RM199.8m

AME Elite to buy 176.45 acres in Pontian for RM199.8m

news

Updated:
  • AME Elite proposes to acquire 176.45 acres in Johor for RM199.84 mil cash.
  • The land is for industrial use within the Johor-Singapore Special Economic Zone.
  • This acquisition expands AME Elite's land bank significantly, funded internally.
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ISW 2026: How to build, power green cities beyond certification, clean energy

ISW 2026: How to build, power green cities beyond certification, clean energy

news

Updated:
  • The IGBC conference focused on sustainable urban futures and green built environments.
  • Nadia Verjee emphasised sustainability as progress, not just a goal.
  • Experts discussed decarbonising at scale, integrating nuclear and renewable energy.
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Reviving abandoned projects: All stakeholders must pay — iPAM president

Reviving abandoned projects: All stakeholders must pay — iPAM president

news

Updated:
  • Reviving abandoned projects requires financial contributions from all stakeholders.
  • Successful rescue efforts depend on cooperation and financial viability assessments.
  • Regulations should facilitate management, not just impose restrictions on developers.
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