Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
Court of Appeal rules against Compugates in Dengkil JV dispute

Court of Appeal rules against Compugates in Dengkil JV dispute

news

Updated:
  • Compugates lost a legal appeal regarding a mixed-use development.
  • The court dismissed their appeal and allowed their partner's cross-appeal.
  • Compugates must pay RM40,000 in legal costs.
Read More
Housing affordability in focus as Rehda launches report, KPKT outlines Cambridge collaboration

Housing affordability in focus as Rehda launches report, KPKT outlines Cambridge collaboration

news

Updated:
  • Rehda Institute launched its latest housing research publication on July 28.
  • The launch coincided with the inaugural Senior Leadership Circle Roundtable.
  • Rehda Institute's latest research found homeownership among the M40 group had fallen below that of the B40.
Read More
Advancecon's Silver Valley Technology Park JV turns unconditional after financing waiver

Advancecon's Silver Valley Technology Park JV turns unconditional after financing waiver

news

Updated:
  • Advancecon's joint development with Perak Corp is now unconditional.
  • The final financing condition was waived by Perak Corp.
  • This allows the Silver Valley Technology Park to proceed.
Read More
Ministry of Economy clears AmBank's RM331 mil acquisition of Menara AmBank from AmFirst REIT

Ministry of Economy clears AmBank's RM331 mil acquisition of Menara AmBank from AmFirst REIT

news

Updated:
  • AMMB Holdings Bhd's acquisition of Menara AmBank received no objection from the Ministry of Economy.
  • This RM331 mil cash deal involves AmBank (M) Bhd buying the tower from AmFirst REIT.
  • The transaction is a key regulatory step for the proposed related-party acquisition.
Read More
Mah Sing unit ordered to pay RM1.65 mil costs after High Court dismisses lawsuit

Mah Sing unit ordered to pay RM1.65 mil costs after High Court dismisses lawsuit

news

Updated:
  • Mah Sing's subsidiary, Elite Park Development, lost a lawsuit.
  • The court ordered them to pay RM1.65 mil in legal costs.
  • Mah Sing expects limited financial impact from this decision.
Read More
IJM shareholders to vote on share buy-back renewal, director re-elections at Aug 27 AGM

IJM shareholders to vote on share buy-back renewal, director re-elections at Aug 27 AGM

news

Updated:
  • IJM Corp Bhd will hold its 42nd AGM on Aug 27th.
  • Shareholders will vote on director re-elections and auditor reappointment.
  • Shareholders will also vote on the renewal of the group's share buy-back mandate.
Read More
Lagenda secures RM475 mil inaugural sukuk to fund affordable township expansion

Lagenda secures RM475 mil inaugural sukuk to fund affordable township expansion

news

Updated:
  • Lagenda Properties secured RM475 mil in its first sukuk issuance.
  • The issuance follows the establishment of the RM1.5 bil sukuk wakalah programme.
  • The programme strengthens their financial flexibility and capital structure.
Read More
Rivertree STF Synergies defers CLQ management diversification pending definitive agreement

Rivertree STF Synergies defers CLQ management diversification pending definitive agreement

news

Updated:
  • Rivertree STF Synergies Bhd postponed its CLQ diversification.
  • The delay is pending a definitive agreement's finalisation.
  • The company still intends to pursue this business later.
Read More
Country View's 2Q profit rises 15% despite lower revenue on stronger margins

Country View's 2Q profit rises 15% despite lower revenue on stronger margins

news

Updated:
  • Country View Bhd's 2Q net profit rose 15.3% to RM21.1 mil despite lower revenue.
  • Higher-margin sales and land disposal boosted profits.
  • The company remains cautious on the Johor property market outlook.
Read More
Bites
Court of Appeal rules against Compugates in Dengkil JV dispute