News by M

KPJ Healthcare Bhd (KL:KPJ) has proposed to inject two hospital properties into Al-'Aqar Healthcare Real Estate Investment Trust (Al-Aqar REIT) (KL:ALAQAR) for a combined consideration of RM241 million via a sale-and-leaseback arrangement.

Crescendo Corporation Bhd (KL:CRESNDO) has reported a record-high earnings for the financial year ended Jan 31, 2025 (FY2025), thanks to data centre land sales in Iskandar Puteri.

A lawsuit has been filed by the former operator of KL Tower against Lim Seong Hai Capital Bhd's (KL:LSH) subsidiaries and the Malaysian government, challenging the award of the KL Tower concession to LSH Service Master Sdn Bhd.

A recent transaction of a unit at Park Regent in Desa ParkCity, Kuala Lumpur at RM12.5 million (RM2,771.61 psf) was not only a very rare high-price transaction, but also broke the record within the project itself.

The Finance Ministry has allocated RM1.9 billion to Prasarana Malaysia Bhd to buy 1,560 new diesel and electric buses in phases over a three-year period.

With the proposed Urban Renewal Act (URA) set to be tabled in June, an expert has said the building age threshold should be higher than 30 years.

The government has announced a 50% toll discount for highway travel this Friday and Saturday (March 28 and 29), in conjunction with Hari Raya Aidilfitri.

Property developer Symphony Life Bhd (KL:SYMLIFE) has named Datuk Kenneth Vun Yun Liun as its new managing director.

The Task Force on Sick and Abandoned Private Housing Projects (TFST) has revived 89 private housing projects, with a combined gross development value (GDV) of RM6.48 billion, in the first two months of this year.

Mechanical and electrical engineering services specialist Bintai Kinden Corp Bhd (KL:BINTAI) has won a RM27.15 million contract for the construction of six blocks of shop offices in Seremban.