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F&N completes Vacaron stake sale to Tan & Tan for interim RM181.61m

F&N completes Vacaron stake sale to Tan & Tan for interim RM181.61m

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Updated:
  • F&NHB sold its 50% stake in Vacaron Company Sdn Bhd to TTDB for RM181.61 mil.
  • F&NHB received RM136.21 million, with the rest secured by a bank guarantee.
  • This disposal allows F&NHB to focus on its core businesses.
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Ex-Felda GM held over KL project, land deal

Ex-Felda GM held over KL project, land deal

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Updated:
  • A former Felda general manager was remanded for five days.
  • This is for alleged abuse of power and land sale.
  • MACC is investigating multiple Felda transactions under "Ops Fella".
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Inside Asia Green’s model for ecology, technology and culture

Inside Asia Green’s model for ecology, technology and culture

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Updated:
  • Asia Green Group, led by Mei Tan, has redefined its purpose with "Truth.Light.Justice."
  • The Pier is Asia Green's freehold seafront serviced residence project in Bayan Mutiara.
  • The Pier comprises 934 units across two towers.
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Compugates’ Federal Court leave bid over Dengkil JV set for Dec 10

Compugates’ Federal Court leave bid over Dengkil JV set for Dec 10

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Updated:
  • Compugates Holdings Bhd's appeal to the Federal Court is set for Dec 10.
  • This dispute involves a mixed development in Dengkil, Selangor.
  • The case concerns a joint venture and prior Court of Appeal rulings.
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SCIB to buy Kolombong parcels for RM15.2m, eyes shoplot development

SCIB to buy Kolombong parcels for RM15.2m, eyes shoplot development

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Updated:
  • SCIB proposes to acquire three leasehold industrial parcels in Kota Kinabalu for RM15.2 mil.
  • The acquisition includes existing shoplots and undeveloped land for future expansion.
  • This move aligns with SCIB's strategic expansion into property development.
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Mapex 2026: KPKT pushes greener, data-led property planning

Mapex 2026: KPKT pushes greener, data-led property planning

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Updated:
  • KPKT Minister Nga Kor Ming announced initiatives for a greener, data-driven property sector.
  • Proposed incentives include financial aid for green buildings and a big-data tool for housing.
  • Developers face rising costs, but the expo aims for RM2 bil in sales.
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Sepang industrial property: diverse price tiers show more than location story

Sepang industrial property: diverse price tiers show more than location story

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Updated:
  • Sepang's industrial property market is diverse, with prices from RM300,000 to RM18 million.
  • Property type, not just location, drives pricing.
  • Link, semidee, and detached factories have distinct price tiers.
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Shin Yang to acquire Kuching industrial property for RM34m in related-party deal

Shin Yang to acquire Kuching industrial property for RM34m in related-party deal

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Updated:
  • Shin Yang Group will acquire an industrial property in Kuching for RM34 mil.
  • This related-party transaction aims to expand logistics operations and reduce rental dependence.
  • The acquisition is expected to enhance operational capacity and logistics efficiency.
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Gamuda wins RM2.54b Parramatta station works contract, secures development rights

Gamuda wins RM2.54b Parramatta station works contract, secures development rights

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Updated:
  • Gamuda's consortium secured an A$880 mil contract for Sydney's Parramatta metro station.
  • This includes development rights for four integrated projects.
  • Gamuda holds an 80% stake in the station works, targeting completion by 2032.
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AmFIRST REIT seeks approval for RM331m Menara AmBank sale

AmFIRST REIT seeks approval for RM331m Menara AmBank sale

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Updated:
  • AmFIRST REIT seeks unitholder approval to sell Menara AmBank for RM331 mil cash.
  • This sale will lower its pro forma gearing to 33.94% from 46.60%.
  • The disposal is considered fair and reasonable by an independent adviser.
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