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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

news

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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MOF: Govt to tighten oversight of building material imports

MOF: Govt to tighten oversight of building material imports

news

Updated:
  • Malaysia will tighten oversight on imported building materials.
  • This protects consumers and ensures fair competition for local businesses.
  • New measures include stricter import controls and inspections.
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Southern Score Builders' unit bags RM105 mil Puncak Alam data centre subcontract works

Southern Score Builders' unit bags RM105 mil Puncak Alam data centre subcontract works

news

Updated:
  • Southern Score Builders' subsidiary secured a RM105 mil data centre contract.
  • The project in Puncak Alam, Selangor, starts July 2026.
  • It will boost company earnings from FY2027 onwards.
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Sime Darby Property tops out Kanopi Residences at Elmina City Centre

Sime Darby Property tops out Kanopi Residences at Elmina City Centre

news

Updated:
  • Sime Darby Property topped off Kanopi Residences in Elmina City Centre.
  • The 36-storey project registered a 90% take-up rate.
  • It offers 499 units and many wellness facilities.
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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

news

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

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

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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Rehda welcomes national housing policy, calls for careful BTS transition

Rehda welcomes national housing policy, calls for careful BTS transition

news

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 buys 557 acres in Kulai to build RM3b township

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