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Real estate news News Home Editor's Pick Latest News In Depth Stories Lifestyle Stories Videos Narratives Malaysia Property Industry The Pulse on Companies Your Local Experts Guides Events Upcoming events Best Managed & Sustainable Property Awards 2021 Best Managed & Sustainable Property Awards 2020 Best Managed Property Awards 2019 Best Managed Property Awards 2018 Best Managed Property Awards 2017
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Calculators Edge Reference Price Buy vs Rent calculator Quick Loan Check Credit & Loan Eligibility Report Research Is it a Good Deal? Location Scan EdgeProp HomeAdvisor Report Area Outlook Projects Directory Home Services Sell my property Submit home finder request Exclusive Broadband Promo Q&A Legal Q&A with Chris Tan Fengshui Q&A with Dato Joey Yap Guides Buying Renting Selling Home Financing Investing Home Improvement

News by JUSTIN LIM

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Malaysia's data centres unaffected by US AI chip export restrictions, says deputy Miti minister

16 January, 2025

The potential implementation of export limitations by the US government on artificial intelligence (AI) chips is not expected to impact the operations of existing data centres in Malaysia, according to deputy minister of investment, trade and industry (Miti) Liew Chin Tong.

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Knight Frank calls for clear incentives to drive investments in Johor-Singapore Special Economic Zone

15 January, 2025

The establishment of the Johor-Singapore Special Economic Zone (JS-SEZ) has garnered attention, but more effort is needed to enhance its competitiveness to attract investments, according to Knight Frank executive director Amy Wong Siew Fong.

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Gamuda gets first package worth over RM8 bil of Penang LRT project

13 January, 2025

Gamuda Bhd (KL:GAMUDA) said its consortium has been appointed as the main contractor to deliver the first civil works package worth over RM8 billion for the Penang Light Rail Transit project.

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MRCB confirms withdrawal from Berjaya-led HSR consortium

20 December, 2024

Malaysian Resources Corp Bhd (KL:MRCB) has confirmed it has withdrawn from a Berjaya-led consortium which is bidding for the multi-billion-ringgit Kuala Lumpur-Singapore high-speed rail (HSR) project.

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JAKS' indirect subsidiary to raise RM250m via medium-term note programme

06 December, 2024

JAKS Resources Bhd (KL:JAKS) said its indirect subsidiary MNH Global Assets Management Sdn Bhd has filed for the establishment of a medium-term note (MTN) programme of up to RM250 million with the Securities Commission Malaysia.

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Remeasurement gain from JV helps lift WCT's 3Q net profit despite revenue dip

27 November, 2024

WCT Bhd recorded a net profit of RM173.22 million for the third quarter ended Sept 30, 2024 (3QFY2024), compared with a net loss of RM13.54 million a year earlier, thanks to the remeasurement of interest in a jointly controlled entity amounting to RM184 million.

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Ho Hup Construction resolves winding-up petition amicably

26 November, 2024

The petition, initiated in late August, sought an unpaid sum of RM184,438.80, alongside statutory interest of 5% per annum from March 1, 2024 and costs of RM3,000. 

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SkyWorld nears deal for Vietnam joint venture on completion of due diligence, says on track for RM4.6b launch target by 2026

25 November, 2024

Property developer SkyWorld Development Bhd (KL:SKYWLD), which made its Main Market debut in July last year, said it is on target to launch developments with an estimated gross development value of RM4.6 billion by 2026, having achieved RM1.1 billion worth of launches so far.

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Sime Darby Property hits 91% of 2024 annual sales target in nine months

21 November, 2024

Sime Darby Property Bhd (KL:SIMEPROP) said it has already hit 91% of its full-year sales target of RM3.5 billion for 2024 by September. Its unbilled sales stood at RM3.7 billion.

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Gandingan Jakel says working with City Hall to address J Satine's stop-work order

19 November, 2024

The stop-work order stemmed from complaints from nearby residents about an explosion at the site.

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