Supreme Consolidated Resources Bhd (SCRB), through its wholly-owned subsidiary Supreme Cold Storage Sdn Bhd, has proposed to acquire a parcel of land with a factory and office building in Kuching, Sarawak for RM5.6 million.
The Malaysian Institute of Property and Facility Managers (MIPFM) has submitted a formal appeal to the Ministry of Finance (MOF) and the Royal Malaysian Customs Department to reconsider and exempt maintenance fees and sinking fund contributions for stratified commercial properties from sales and service tax (SST), over a year after its implementation.
Pavilion Real Estate Investment Trust (KL:PAVREIT) has received its unitholders’ approval to acquire two hospitality assets, namely Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel Kuala Lumpur (PHKL), for RM480 million.
A construction company director with a Datuk title has been arrested by the Malaysian Anti-Corruption Commission (MACC) for allegedly submitting documents containing false details involving RM1.65 million in connection with the RM162 million Civil Servants Housing (PPAM) project in Perak.
Kumpulan Jetson Bhd (KL:JETSON) announced on Wednesday that its shareholders’ requisition dated April 23, 2025 to convene an extraordinary general meeting (EGM) will be put on hold, pending the outcome of a legal suit filed by three minority shareholders challenging the validity of the notice.
As Singapore reaches its physical limits for data centre expansion, Malaysia—particularly Johor—is emerging as a preferred destination for global digital infrastructure providers, said Equinix Malaysia managing director Cheam Tat Inn.
Nasdaq-listed digital infrastructure company Equinix Inc has completed the second phase of its KL1 International Business Exchange (IBX) data centre in Cyberjaya, Selangor.
Noteworthy:
When: December 2024
A sense of belonging is important for youths, especially in urban areas where many are seeking to define themselves. However, are we doing enough to promote the well-being of youths in our cities?
Residential property prices have been rising steadily in Melaka over the past years, recording an average transacted price of RM340,000 in 2024 compared to RM214,000 in 2015, according to Rahim & Co International Property Consultants Sdn Bhd director of research Sulaiman Saheh at the Rahim & Co Property Market Review 2024/2025 presentation on Wednesday.
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