Pecca acquires land in Rawang to expand manufacturing capacity
Automotive leather upholstery manufacturer Pecca Group Bhd (KL:PECCA) said it is acquiring land measuring 25,350 sq m in Bandar Serendah, Rawang, to support its expansion plans.
Econpile secures RM27m contract for Setia Federal Hill project
Econpile Holdings Bhd (KL:ECONBHD) has clinched a RM27.23 million contract for substructure works for the Setia Federal Hill project (Residential Tower 1) in Kuala Lumpur.
Northeast to acquire two land parcels in Penang for RM16.35m to expand capacity
Precision component manufacturer Northeast Group Bhd (KL:NE), which debuted on the ACE Market last October, is acquiring two leasehold properties in Seberang Perai Tengah, Penang for RM16.35 million, as part of its plan to accelerate production capacity expansion amid construction delays for its new factory.
Vizione to cut share capital by RM500m to offset accumulated losses
Construction player and property developer Vizione Holdings Bhd (KL:VIZIONE) has proposed a share capital reduction of up to RM500 million to eliminate its accumulated losses and strengthen its financial position.
Exsim cancels Aperia data centre contract, trying to secure unnamed Japanese firm
Exsim has mutually terminated its contract with Aperia Cloud Services for the Exsim Hyperscale Data Centre @ Bukit Jalil, opting instead to secure a "Japanese Fortune 500 company" as an anchor tenant while continuing to attract significant interest from other potential occupants.
Exsim Hospitality bags five related-party contracts across multiple property projects
All five contracts are deemed recurrent related-party transactions, as Exsim Hospitality’s major shareholders — Lim Aik Hoe, Lim Aik Kiat and Lim Aik Fu — who collectively hold a 70.5% indirect interest in the company, also control substantial stakes in the awarding entities through Exsim Development Sdn Bhd.
WCT gets nod from SC for Paradigm REIT listing
Paradigm REIT will debut with an initial fund size of 1.6 billion units and a portfolio of three properties valued at RM2.44 billion.
Malaysia's property transaction value hits decade-high in 2024, overhang situation improves
Malaysia’s property transaction value surged 18% to RM232.30 billion in 2024, the highest annual figure in a decade, latest data from the Valuation and Property Services Department showed.
Exsim Hospitality secures RM13m interior design contract for D’Velada project in Bukit Jalil
Exsim Hospitality Bhd (KL:EXSIMHB), formerly known as Pan Malaysia Holdings Bhd, has secured a RM13 million contract for interior design works at the D’Velada serviced apartment development in Bukit Jalil.
Perak Corp expects RM26.6 mil gain from land development entitlement
Financially-troubled Perak Corp Bhd (KL:PRKCORP) said it is entitled to a RM40.38 million entitlement after entering into a supplemental agreement concerning the development of a 56.3-acre land known as the Teluk Dalam land.
