News by Jazlin Zakri

Property developer JRK Holdings Bhd is seeking a listing on the ACE Market to raise funds for working capital and future expansion.

Telekom Malaysia Bhd (KL:TM) said its joint venture with Nxera has secured a multi-year electricity supply for a planned data centre campus in Iskandar Puteri, Johor.

The industrial property sector is expected to be the key driver of Malaysia’s real estate market in 2026, according to real estate agency CBRE | WTW.

Older office buildings in the Klang Valley are increasingly facing refurbishment or repurposing as overall office market conditions remain weak heading into 2026.

Ireka is required to pay UEM Land about RM3.04 million before taxes.

Sapura Industrial Bhd (KL:SAPIND) announced it is selling its 35,332-square-metre freehold land in Seremban, Negeri Sembilan for RM24.72 million cash to fund general working capital needs.

The properties comprise five single-storey detached factories with two-storey office components, occupying about 17 acres of land and with a total built-up area of about 524,077 square feet within AME Elite’s i-TechValley industrial park in Iskandar Puteri.

Scientex Bhd (KL:SCIENTX) saw its earnings grow 11% in the recently-ended quarter from a year earlier thanks to cost-cutting efforts and sales of higher-margin products.

Plastic manufacturer and property developer Scientex Bhd (KL:SCIENTX) is looking to expand its affordable housing footprint into East Malaysia, particularly Sarawak.

Property developer EcoFirst Consolidated Bhd (KL:ECOFIRS) announced boardroom changes on Friday with the departure of its non-independent non-executive director Datuk Ng Hock Heng and independent non-executive director Chin Wing Wah.