News by EdgeProp

The International Construction Week (ICW) and BuildXpo 2025 will feature more than 350 exhibition booths, highlighting innovations in construction technology, equipment, and solutions.

Manufacturer of sheet metal products and supplier of scaffoldings BWYS Group Bhd announced the acquisition of a 28.92-acre freehold industrial parcel in Kuala Langat, Selangor, worth RM94.5 million.

Kota Kemuning, a well-established township in Shah Alam, Selangor, has continued to see stable growth in its property market despite its history as a flood-prone area.

Hextar World at Empire City is set to open its doors to the public with a soft launch on Nov 29, with the complete unveiling scheduled for 2026.

Exsim Hospitality Bhd, formerly known as Pan Malaysia Holdings Bhd, has accepted a RM17.64 million letter of award (LOA) from Binastra Builders Sdn Bhd for subcontract works involving apartment units.

Shipping firm Shin Yang Group Bhd has entered into an agreement to acquire a 5.37-hectare parcel of land in Kota Kinabalu, Sabah, from its controlling shareholder, Shin Yang Sdn Bhd (SYSB), for RM26.6 million in cash.

Rapid Synergy Bhd’s wholly-owned subsidiary, Rapid Precision Technologies Sdn Bhd (RPTSB), has entered into a sale and purchase agreement with Osram Opto Semiconductors (Malaysia) Sdn Bhd, part of ams-OSRAM, for the disposal of two parcels of industrial land and buildings in Bayan Lepas, Penang, for RM35 million.

The upcoming facility, with a capacity of over 130 beds, will cater to individuals requiring specialised nursing care, regardless of age.

The China-based company said the RM600 million facility marks a significant milestone in SHB’s global expansion strategy. 

Eco World Development Group Bhd’s 81%-owned subsidiary, Mutiara Balau Sdn Bhd, has entered into a conditional sale and purchase agreement (SPA) with Boustead Balau Sdn Bhd (BBSB) to acquire a 22.73-acre freehold commercial parcel in Mukim Semenyih, Selangor, for RM82.19 million.