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NuEnergy accepts RM44.5 mil LoA for Johor data centre MEP works

NuEnergy accepts RM44.5 mil LoA for Johor data centre MEP works

news

Updated:
  • NuEnergy Holdings secured a RM44.5 mil contract for MEP works.
  • This project involves a data centre in Johor Bahru, Malaysia.
  • It is NuEnergy's largest high-voltage project to date.
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IOI Properties secures conditional SC approval for proposed RM7.58 bil REIT listing

IOI Properties secures conditional SC approval for proposed RM7.58 bil REIT listing

news

Updated:
  • IOI Properties Group received conditional SC approval for its REIT.
  • This REIT will acquire nine properties for RM7.578 bil.
  • The approval includes conditions for Bumiputera equity and licensing.
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GuocoLand Malaysia privatisation completed after offer price settlement

GuocoLand Malaysia privatisation completed after offer price settlement

news

Updated:
  • GuocoLand (Malaysia) Bhd's privatisation is complete.
  • Shareholders received their offer price today (Aug 7).
  • Payments were made electronically or by mail.
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DPS unit signs non-binding MoU with China's Hangyue for proposed 89MW Melaka data centre

DPS unit signs non-binding MoU with China's Hangyue for proposed 89MW Melaka data centre

news

Updated:
  • DPS Resources' subsidiary signed an MoU with China's Hangyue Intelligent Electrical.
  • They will collaborate on digital energy projects, including a Melaka data centre.
  • This partnership aims to attract Chinese investment and explore various industrial opportunities.
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MRCB proposes RM419.05 mil Cyberjaya land sale for data centre development

MRCB proposes RM419.05 mil Cyberjaya land sale for data centre development

news

Updated:
  • MRCB plans to dispose of seven parcels of land in Cyberjaya for RM419.05 mil cash.
  • The sale to Digital Cosmos Malaysia will yield an RM81.4 mil gain.
  • Proceeds will repay debt, improve cash flow, and fund new projects.
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Mana Mana Hospitality manages 395 serviced-apartment units at The Stallionz @ Ipoh White Times Square

Mana Mana Hospitality manages 395 serviced-apartment units at The Stallionz @ Ipoh White Times Square

news

Updated:
  • Mana Mana Hospitality is managing 395 serviced-apartment units at The Stallionz @ Ipoh White Times Square.
  • The Stallionz is a leasehold commercial development by Exsim Caldwell (Ipoh) Sdn Bhd.
  • Nightly rates range from RM180 to RM300, varying by season.
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Avaland tops out 100%-sold Amika Residences ahead of construction schedule

Avaland tops out 100%-sold Amika Residences ahead of construction schedule

news

Updated:
  • Avaland Bhd topped-out Amika Residences, with construction progressing ahead of schedule.
  • The development featuring 468 serviced apartments across two towers has also achieved full take-up.
  • Avaland plans over RM1 bil in new projects for 2026, including Aetas Taman Desa.
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Penang to assess structural safety of heritage buildings after Armenian Street incident

Penang to assess structural safety of heritage buildings after Armenian Street incident

news

Updated:
  • Penang will assess heritage building safety after debris injured tourists at Armenian Street in George Town.
  • An independent engineer will identify unsafe structures for restoration.
  • Preliminary inspections indicated the collapse was caused by termite damage.
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HexTech proposes related-party disposal of Nilai land unit, to receive RM38.14 mil cash proceeds

HexTech proposes related-party disposal of Nilai land unit, to receive RM38.14 mil cash proceeds

news

Updated:
  • HexTech plans to sell its subsidiary, GBWSB, to Hextar Holdings for RM38.14 mil.
  • This related-party transaction involves the sale of five industrial land parcels in Nilai.
  • HexTech expects a RM31.59 mil gain and will use proceeds for expansion and debt repayment.
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Media Chinese completes disposal of Toronto industrial property for RM28.65 mil

Media Chinese completes disposal of Toronto industrial property for RM28.65 mil

news

Updated:
  • MCIL sold its Toronto property for C$9.9 mil.
  • The sale was completed on August 6th.
  • Transaction involved the sale of the land and a single-storey industrial building at 1355 Huntingwood Drive.
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NuEnergy accepts RM44.5 mil LoA for Johor data centre MEP works