- GuocoLand (Malaysia) Bhd's privatisation is complete.
- Shareholders received their offer price today (Aug 7).
- Payments were made electronically or by mail.
GuocoLand Malaysia privatisation completed after offer price settlement
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Updated:
IOI Properties secures conditional SC approval for proposed RM7.58 bil REIT listing
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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.
DPS unit signs non-binding MoU with China's Hangyue for proposed 89MW Melaka data centre
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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.
NuEnergy accepts RM44.5 mil LoA for Johor data centre MEP works
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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.
MRCB proposes RM419.05 mil Cyberjaya land sale for data centre development
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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.
Mana Mana Hospitality manages 395 serviced-apartment units at The Stallionz @ Ipoh White Times Square
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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.
Avaland tops out 100%-sold Amika Residences ahead of construction schedule
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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.
Penang to assess structural safety of heritage buildings after Armenian Street incident
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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.
HexTech proposes related-party disposal of Nilai land unit, to receive RM38.14 mil cash proceeds
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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.
Media Chinese completes disposal of Toronto industrial property for RM28.65 mil
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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.
