Noteworthy:
When: August 2024
Prime Grade A office space in Asia-Pacific is set to increase by 7% in 2025, up from 4% in 2024, with over 40% of new supply concentrated in mainland China, according to the Knight Frank’s Asia-Pacific 4Q2024 Office Highlights report.
Construction outfit Binastra Corp Bhd (KL:BNASTRA) has bagged a RM250.37 million contract to build a six-storey data centre in Cyberjaya, Selangor for AIMS Group, which is owned by New York-listed DigitalBridge Group Inc.
IJM Corp Bhd (KL:IJM), through its joint-venture (JV) company Exio Logistics Sdn Bhd, will invest RM460 million in a new logistics hub in Sungai Buloh to support Malaysia’s supply chain and e-commerce.
Malaysian businessmen Dennis Teen avoided jail time in Australia after he was found guilty for a A$3.4 million (RM9.6 million) “kickback” as part of a property sale to Mara Inc, according to news.com.au.
PropNex Realty Sdn Bhd’s senior negotiator Lee Teck Han’s 18-year journey in real estate is a testament to passion, perseverance and the power of personal growth.
Noteworthy:
When: September 2024
As part of the lawsuit, SCIB is seeking several court declarations to safeguard its financial interests and legal standing.
This raises the construction and property developer’s outstanding order book to RM1.27 billion.
Kumpulan Kitacon Bhd (KL:KITACON) announced on Monday that it has secured a RM104.3 million building works contract.
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