News by M

IGB Real Estate Investment Trust (KL:IGBREIT) and its sister trust, IGB Commercial REIT (KL:IGBCR), posted higher net property income (NPI) for the third quarter ended Sept 30, 2025 (3QFY2025), supported by stronger rental income.

CapitaLand Malaysia Trust (KL:CLMT) on Wednesday (Oct 22) announced an increase in its third-quarter revenue and net property income, largely due to rental growth at most of its properties and the commencement of income from its newly acquired Glenmarie Distribution Centre.

Kota Kemuning, a well-established township in Shah Alam, Selangor, has continued to see stable growth in its property market despite its history as a flood-prone area.

Hextar World at Empire City is set to open its doors to the public with a soft launch on Nov 29, with the complete unveiling scheduled for 2026.

Exsim Hospitality Bhd, formerly known as Pan Malaysia Holdings Bhd, has accepted a RM17.64 million letter of award (LOA) from Binastra Builders Sdn Bhd for subcontract works involving apartment units.

Shipping firm Shin Yang Group Bhd has entered into an agreement to acquire a 5.37-hectare parcel of land in Kota Kinabalu, Sabah, from its controlling shareholder, Shin Yang Sdn Bhd (SYSB), for RM26.6 million in cash.

Rapid Synergy Bhd’s wholly-owned subsidiary, Rapid Precision Technologies Sdn Bhd (RPTSB), has entered into a sale and purchase agreement with Osram Opto Semiconductors (Malaysia) Sdn Bhd, part of ams-OSRAM, for the disposal of two parcels of industrial land and buildings in Bayan Lepas, Penang, for RM35 million.

The upcoming facility, with a capacity of over 130 beds, will cater to individuals requiring specialised nursing care, regardless of age.

The dividend's entitlement date has been set for Nov 12, with payment to be made on Nov 25.

The court ordered Kerjaya Prospek's unit Kerjaya Prospek (M) Sdn Bhd to pay Yong Tai's unit Apple 99 Development Sdn Bhd a total of RM20,000 in legal costs, subject to payment of allocator fee.