Ageson’s RM279m industrial land disposal called off
The agreement, which proposed AHSB to build 33 industrial lots with a gross development value of RM278.78 million, was mutually terminated by the pair.
Scale down of PSI has no earnings impact on Gamuda, says Public Investment Bank
The PSI reclamation project, as indicated earlier by the government, will be slashed by 49% with the cancellation of Island B and Island C.
Sentral REIT's 1Q net property income falls 4%
Sentral REIT's net property income for the first quarter ended March 31, 2023 (1QFY2023) declined 4.03% to RM29.3 million, from RM30.5 million a year earlier.
Impiana looking to buy 70% of SOULed OUT operator
Impiana Hotels Bhd has proposed to acquire a 70% equity interest in Cafelink (M) Sdn Bhd in its bid to expand its food and beverages (F&B) footprint outside of the group’s existing F&B business offerings.
Kimlun's unit awarded two construction contracts in Johor worth RM94.5 mil
Kimlun Corp Bhd has bagged two construction contracts worth RM94.5 million pertaining to main building works for 78 units of shop offices and a shopping mall with facilities in Johor Bahru.
Yong Tai sees changes in leadership after new largest shareholder emerges
Yong Tai Bhd saw the emergence of its new largest shareholder after Domain Capital Sdn Bhd acquired 90 million shares representing a 23.8% stake in the property developer.
IGB shares nearing March-record high following share buyback
Little-traded IGB Bhd's share price hit a record high of RM3.10 in March while the company has mopped up more shares under its share buyback scheme.
MBI’s Tedy Teow re-emerges in Malaysia’s corporate scene in possible tie-up with Sand Nisko
Teow Wooi Huat appears to have returned to Malaysia’s corporate scene. Stock exchange disclosure reveals that the businessman’s 519.5 acres land in Melaka has piqued the interest of Sand Nisko Capital Bhd to participate in a RM1.75 billion mixed-used development.
Upward trend for office market, logistics and data centres in Malaysia, says JLL
There was a further recovery of property demand, ESG and M&A activities observed in 1Q2023, which served as the key driver in the KL office market.
Malaysia lifts RE exports ban and raises 2050 generation capacity goal to 70%
Rafizi said the government is also committed to introducing “more RE programmes based on a willing buyer, willing seller basis” to induce private-sector participation.
