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AmanahRaya REIT 2Q profit rises 21% to RM1.18m

AmanahRaya REIT 2Q profit rises 21% to RM1.18m

news

Updated:
  • AmanahRaya REIT's 2Q profit rose 20.6% to RM1.18 mil due to improved rental income.
  • First-half profit increased 52.2% to RM6.62 mil, driven by new acquisitions.
  • The REIT is rejuvenating its portfolio and addressing an incident at a HELP University property.
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Genting Plantations completes Kulai vegetable technology JV

Genting Plantations completes Kulai vegetable technology JV

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Updated:
  • Genting Plantations completed a JV with SVST for a tropical vegetable crops centre in Kulai.
  • Genting's subsidiary holds 60% in the technology and operating JV companies.
  • This initiative aims to boost sustainable growth and food security in the region.
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ETA secures RM13.2 mil Rawang industrial contracts

ETA secures RM13.2 mil Rawang industrial contracts

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Updated:
  • ETA Group secured two construction contracts totaling RM13.17 mil.
  • Its subsidiary will design and build industrial facilities in Rawang, Selangor.
  • These contracts mark a significant step in ETA's diversification strategy.
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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?

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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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UOA Development formally names Kong Pak Lim as managing director

UOA Development formally names Kong Pak Lim as managing director

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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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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

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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

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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

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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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