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Atrium REIT’s 2Q net profit rises on ASA5 and rental step‑ups, declares 2.6 sen distribution

Atrium REIT’s 2Q net profit rises on ASA5 and rental step‑ups, declares 2.6 sen distribution

news

Updated:
  • Atrium REIT reported a 25.1% rise in 2Q net profit to RM7.95 mil.
  • This growth was driven by new tenancies and rental increases.
  • The trust declared a 2.60 sen per unit interim distribution.
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M40 homeownership falls below B40 as report urges data-driven housing policies

M40 homeownership falls below B40 as report urges data-driven housing policies

news

Updated:
  • M40 homeownership in Malaysia fell below that of the lower-income B40 in 2024, despite record overall rates.
  • A study highlights structural weaknesses and a mismatch between housing supply and demand.
  • Experts urge data-driven policies, integrated databases, and better inter-agency coordination.
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Compugates seeks Federal Court leave in Dengkil JV dispute

Compugates seeks Federal Court leave in Dengkil JV dispute

news

Updated:
  • Compugates Holdings Bhd seeks Federal Court appeal.
  • Concerns a legal dispute involving its joint venture with Main Uptown Sdn Bhd.
  • The dispute is over a mixed development in Dengkil, Selangor.
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Kerjaya Prospek Property details RM2 bil serviced apartment pipeline, backed by 60-acre landbank

Kerjaya Prospek Property details RM2 bil serviced apartment pipeline, backed by 60-acre landbank

news

Updated:
  • Kerjaya Prospek Property Bhd plans RM2 bil in serviced apartments over two years.
  • Its 60-acre landbank has a RM3.8 bil GDV potential.
  • Recurring income from hospitality and retail boosts earnings.
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AME REIT 1Q net income rises on new properties, declares 2.15 sen distribution

AME REIT 1Q net income rises on new properties, declares 2.15 sen distribution

news

Updated:
  • AME REIT's net income rose 11% to RM10.23 mil in 1QFY2027.
  • Revenue increased by 17.7%, driven by new acquisitions and higher rental rates.
  • The REIT declared an interim income distribution of 2.15 sen per unit.
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Sunway Healthcare buys Iskandar Puteri land for RM45 mil in RPT for Johor expansion

Sunway Healthcare buys Iskandar Puteri land for RM45 mil in RPT for Johor expansion

news

Updated:
  • Sunway Healthcare is buying 9.918 acres in Johor for RM45.37 mil.
  • This expands their hospital network in southern Malaysia.
  • The acquisition will be completed by 2Q2027.
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South Korean K-Test breaks ground on RM200 mil Perak plant, marking first Southeast Asia facility

South Korean K-Test breaks ground on RM200 mil Perak plant, marking first Southeast Asia facility

news

Updated:
  • K-Test is building a US$50 mil semiconductor plant in Perak, Malaysia.
  • This facility will offer wafer and final testing services.
  • It will create 100 jobs and boost Malaysia's semiconductor industry.
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German life sciences firm Eppendorf to invest RM186m to build Penang plant

German life sciences firm Eppendorf to invest RM186m to build Penang plant

news

Updated:
  • Eppendorf will invest €40 mil in its first Southeast Asian manufacturing facility in Penang.
  • The plant will produce lab equipment, creating 130 jobs by 2029.
  • This strengthens Penang's role in advanced manufacturing and life sciences.
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Semico forms JV to operate family entertainment outlet at Pavilion Bukit Jalil

Semico forms JV to operate family entertainment outlet at Pavilion Bukit Jalil

news

Updated:
  • Semico Capital Bhd is forming a joint venture for a family entertainment outlet.
  • They will operate arcade machines and retail merchandise at Pavilion Bukit Jalil.
  • Semico will hold a 49% stake in Kosmare for this new venture.
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Housing ministry: 303 ‘sick’ housing projects worth RM40.2b recorded as of June 2026

Housing ministry: 303 ‘sick’ housing projects worth RM40.2b recorded as of June 2026

news

Updated:
  • 303 private housing projects in Peninsular Malaysia are 'sick' as of June 30.
  • 100 projects are abandoned, affecting 27,998 units and 14,961 buyers.
  • The ministry aims for zero new abandoned projects by 2030.
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Atrium REIT’s 2Q net profit rises on ASA5 and rental step‑ups, declares 2.6 sen distribution