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Econpile bags RM39.52 mil subcontract for Jalan Awan Besar commercial development

Econpile bags RM39.52 mil subcontract for Jalan Awan Besar commercial development

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Updated:
  • Econpile's subsidiary secured a RM39.52 mil subcontract.
  • It involves earthworks, piling, and substructure for a commercial project.
  • The project is scheduled for completion within 15 months from July 29, 2026.
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IOI Properties to bring Puchong's first international five-star hotel to RM12 bil IOI Rio City

IOI Properties to bring Puchong's first international five-star hotel to RM12 bil IOI Rio City

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Updated:
  • IOI Properties will open The Westin Puchong, a five-star hotel, by 2030.
  • This hotel strengthens IOI Properties' recurring income strategy and hospitality portfolio.
  • It will be a key anchor for the RM12 bil IOI Rio City development.
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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

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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

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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

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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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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

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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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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

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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

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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

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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

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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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