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OSK Property brings forward OSK Ombak Phase 2 after Phase 1 fully taken up, says developer

OSK Property brings forward OSK Ombak Phase 2 after Phase 1 fully taken up, says developer

news

Updated:
  • OSK Property launched Phase 2 of OSK Ombak early due to strong Phase 1 sales.
  • This beachfront development in Kuantan offers serviced apartments and retail units.
  • It aims to meet demand from local industrial growth and tourism.
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DutaLand seeks shareholders’ nod to end Olympia joint development arrangement over RM1.917b Kenny Heights land

DutaLand seeks shareholders’ nod to end Olympia joint development arrangement over RM1.917b Kenny Heights land

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Updated:
  • DutaLand seeks to end a joint development with Olympia Industries for Kenny Heights land.
  • This termination, valued at RM1.917 bil, allows independent development of parcels.
  • The move is expected to boost DutaLand's net assets by RM290.3 mil.
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Rivertree STF seeks shareholders’ nod for RM46.29 mil acquisitions, RM12.97 mil disposal

Rivertree STF seeks shareholders’ nod for RM46.29 mil acquisitions, RM12.97 mil disposal

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Updated:
  • Rivertree STF Synergies Bhd (RSSB) plans to acquire two property firms for RM46.288 mil.
  • They will also dispose of another company for RM12.972 mil to reshape their pipeline.
  • These moves aim to expand RSSB's property development business and project portfolio.
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Rehda welcomes national housing policy, calls for careful BTS transition

Rehda welcomes national housing policy, calls for careful BTS transition

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Updated:
  • Rehda supports the National Housing Policy 2026-2035.
  • They advocate a measured and phased shift from Sell Then Build to Build Then Sell.
  • The policy's data-driven approach and focus on liveable neighbourhoods are welcomed.
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Sime Darby Property to buy 557 acres in Kulai to build RM3b township

Sime Darby Property to buy 557 acres in Kulai to build RM3b township

news

Updated:
  • Sime Darby Property plans to buy 557 acres in Kulai, Johor, for RM418.5 million.
  • They will develop a township with an estimated RM3 billion GDV.
  • This project expands their portfolio, especially within the Johor-Singapore Special Economic Zone.
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Aratas to invest RM259m in relocation to COMPASS @ Kota Seri Langat

Aratas to invest RM259m in relocation to COMPASS @ Kota Seri Langat

news

Updated:
  • OMRON, to be renamed Aratas Components, will invest ¥10 billion to expand its facility.
  • The new facility at COMPASS @ Kota Seri Langat will boost production capacity by 1.5 times.
  • It aims to be a strategic hub, accounting for over 10% of global production.
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PKNS denies loss, debt claims as inaccurate and misleading

PKNS denies loss, debt claims as inaccurate and misleading

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Updated:
  • PKNS denies claims of RM103.69 million in losses and RM6.1 billion in debt.
  • They state these allegations are inaccurate and misleading.
  • An independent assessment confirms PKNS's strong financial position.
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Eddie Ong ceases to be substantial unitholder of Hektar REIT

Eddie Ong ceases to be substantial unitholder of Hektar REIT

news

Updated:
  • Businessman Eddie Ong is no longer a substantial unitholder in Hektar REIT.
  • He sold 7.135 million units, reducing his stake to 4.998%.
  • This marks his first time below 5% since December 2023.
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Armani Group plans Kazakhstan market entry with TBay and Etagi

Armani Group plans Kazakhstan market entry with TBay and Etagi

news

Updated:
  • Armani Group partners with TBay and Etagi to enter the Kazakhstan market.
  • They will introduce Malaysian luxury properties, starting with Armani Hallson KLCC.
  • This initiative responds to strong interest from Kazakhstan investors in Malaysia's luxury real estate.
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Inta Bina wins RM115.65m housing construction job for Sime Darby Property’s KL East

Inta Bina wins RM115.65m housing construction job for Sime Darby Property’s KL East

news

Updated:
  • Inta Bina's subsidiary secured a RM115.65 million contract for residential development.
  • The project involves building 61 terrace houses and an electrical substation.
  • This boosts their order book to RM1.7 billion and 2026 wins to RM424 million.
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OSK Property brings forward OSK Ombak Phase 2 after Phase 1 fully taken up, says developer