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UOA Development formally names Kong Pak Lim as managing director

UOA Development formally names Kong Pak Lim as managing director

news

Updated:
  • UOA Development appointed Kong Pak Lim as new managing director.
  • He will oversee project planning, design, and land acquisitions.
  • Kong Sze Choon, son of CS Kong, was named chairman.
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Of data centres and semiconductors: Who gets the biggest slice of Malaysia’s next property boom?

Of data centres and semiconductors: Who gets the biggest slice of Malaysia’s next property boom?

news

Updated:
  • Malaysia's property market is shifting due to data centres and industrial growth.
  • Investors seek opportunities beyond traditional real estate.
  • The M40 group faces housing affordability challenges.
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EdgeProp Singapore recognises top-performing property agents at the third Realtor’s Roundtable

EdgeProp Singapore recognises top-performing property agents at the third Realtor’s Roundtable

news

Updated:
  • EdgeProp Singapore's Realtors' Roundtable (RRT) recognises top real estate professionals.
  • It evaluates agents on performance, professionalism, and client service.
  • This year, 425 professionals qualified, showing RRT's growing influence.
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Rehda Institute backs data-driven housing planning under NHP

Rehda Institute backs data-driven housing planning under NHP

news

Updated:
  • Rehda Institute supports the National Housing Policy's data-driven approach for housing.
  • They advocate for diverse tenure options and income-based affordable housing models.
  • The institute emphasises addressing an aging population's needs and improving housing finance access.
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Batu Kawan’s Whitmore crosses 50% in MKH; RM2 offer unconditional

Batu Kawan’s Whitmore crosses 50% in MKH; RM2 offer unconditional

news

Updated:
  • Batu Kawan Bhd's subsidiary, Whitmore Holdings, now owns over 50% of MKH Bhd.
  • Whitmore acquired an 18.1% stake for RM208.9 mil, increasing its direct holding to 50.9%.
  • A takeover offer of RM2 per share has been triggered for remaining MKH shares.
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GuocoLand Malaysia to be delisted from Bursa on Aug 18

GuocoLand Malaysia to be delisted from Bursa on Aug 18

news

Updated:
  • GuocoLand (Malaysia) Bhd will delist from Bursa Malaysia on Aug 18.
  • This follows a privatisation exercise completed on Aug 7.
  • Maybank Investment Bank advised on the privatisation.
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PTT Synergy signs RM260m deal to develop, sell five Pontian warehouses

PTT Synergy signs RM260m deal to develop, sell five Pontian warehouses

news

Updated:
  • PTT Synergy Group will develop five industrial warehouses in Johor.
  • These will be sold to Koperasi Kakitangan Bank Rakyat for RM260 mil.
  • This project boosts PTT Synergy's profits and cash flow.
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DPS Resources signs non-binding MoU for 89MW Melaka data centre

DPS Resources signs non-binding MoU for 89MW Melaka data centre

news

Updated:
  • DPS Resources' subsidiary signed an MoU for a 89MW data centre in Melaka.
  • The project could expand to 400MW, subject to various approvals.
  • The MoU is non-binding and has no immediate financial impact.
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Selangor Dredging gets interest-free one-year extension for RM63m Subang land deal

Selangor Dredging gets interest-free one-year extension for RM63m Subang land deal

news

Updated:
  • Selangor Dredging Bhd secured a one-year, interest-free extension for a RM63 mil land acquisition.
  • This extends the completion period to Aug 12, 2027, without additional cost.
  • SDB plans to build serviced apartments with an estimated RM507 mil gross development value.
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Binasat terminates Empire City property deal; vendor to refund RM32.19m

Binasat terminates Empire City property deal; vendor to refund RM32.19m

news

Updated:
  • Binasat Communications Bhd terminated a proposed property acquisition.
  • The vendor must refund RM32.19 mil by late 2026.
  • This allows Binasat to reallocate funds for new ventures.
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UOA Development formally names Kong Pak Lim as managing director