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QES Singapore unit to buy two Space Nova units for RM17.49m

QES Singapore unit to buy two Space Nova units for RM17.49m

news

Updated:
  • QES Group's Singapore unit will acquire two industrial units for S$5.47 mil.
  • This expansion supports anticipated business growth and provides new office space.
  • The purchase will be 90% debt-funded, increasing borrowings to RM77.19 mil.
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TRC Synergy unit secures RM149.98m data centre subcontract

TRC Synergy unit secures RM149.98m data centre subcontract

news

Updated:
  • TRC Construction secured a RM149.98 mil subcontract from Gamuda Engineering.
  • This is for underground services at a hyperscale data centre.
  • The project runs from Aug 14 to Nov 25, boosting TRC Synergy's earnings.
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Whitmore buys more MKH, MKHOP shares after adviser urges rejection of palm-oil offer

Whitmore buys more MKH, MKHOP shares after adviser urges rejection of palm-oil offer

news

Updated:
  • Whitmore Holdings acquired more shares in MKH and MKHOP.
  • This occurred after an adviser recommended that shareholders reject Whitmore's offer.
  • The adviser deemed the offer "not fair and not reasonable" for MKHOP.
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The Light City's retail component to soft-open on Oct 29

The Light City's retail component to soft-open on Oct 29

news

Updated:
  • The Waterfront Shoppes will open in October 2026.
  • It is Penang's largest mall with 300 retail spaces.
  • This destination integrates with a large convention centre.
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Paramount's six land deals carry RM4b potential GDV

Paramount's six land deals carry RM4b potential GDV

news

Updated:
  • Paramount Corp Bhd has signed six land SPAs with a potential GDV of RM4 bil.
  • Two acquisitions are complete, adding 387 acres and RM2 bil GDV.
  • Four pending acquisitions total 74.61 acres with RM1.946 bil GDV.
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Johor MACC detains housing committee chairman over alleged RM1.6m bribery

Johor MACC detains housing committee chairman over alleged RM1.6m bribery

news

Updated:
  • A housing committee chairman was detained for alleged bribery.
  • He solicited RM1.6 million from 400 housing applicants.
  • The MACC is investigating this case under several sections.
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Kwasa Damansara seeks hospital operator to serve 100,000 population

Kwasa Damansara seeks hospital operator to serve 100,000 population

news

Updated:
  • Kwasa Damansara, a 2,255-acre township, plans 27,335 homes, including 11,200 affordable units.
  • A five-acre plot is designated for a hospital, with an operator currently being sought.
  • The township emphasises connectivity, green spaces, and diverse housing for 100,000 residents by 2050.
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IJM Land’s XPLOSIVE campaign names winners for overseas holidays

IJM Land’s XPLOSIVE campaign names winners for overseas holidays

news

Updated:
  • IJM Land Bhd concluded its XPLOSIVE Campaign.
  • Three homebuyers won overseas holiday packages.
  • The campaign ran from October 2025 to March 2026.
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NCT Alliance hands over NCT Smart Industrial Park Phase 1, launches KM2

NCT Alliance hands over NCT Smart Industrial Park Phase 1, launches KM2

news

Updated:
  • NCT Alliance Bhd began handing over Phase 1 of its NCT Smart Industrial Park (NSIP), achieving a 90% take-up rate.
  • It also launched KM2, part of Phase 2, offering diverse industrial spaces.
  • NSIP is the first IDRISS development to reach this stage, with a total GDV of RM10.2 billion.
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Sime Darby Property unveils first ready-built factories at BBR Business Park

Sime Darby Property unveils first ready-built factories at BBR Business Park

news

Updated:
  • Sime Darby Property launched Prestige Collection 1, new industrial factories.
  • These are located at BBR Business Park in Bandar Bukit Raja.
  • The park is Malaysia's first GreenRE Platinum-rated industrial development.
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Bites
QES Singapore unit to buy two Space Nova units for RM17.49m