News by theedgemalaysia.com

The recently soft-launched Elmina Lakeside Mall attracted over 180,000 patrons throughout its opening week from Aug 22 to 29.

The potential revival of the MRT 3 project, alongside revivals in other government infrastructure, point towards a better year for the construction sector going into FY2025, CGS International said.

Mass Rapid Transit Corp Sdn Bhd (MRT Corp) said on Friday that it will be undertaking a three-month public inspection exercise to gather feedback from members of the public on the planned MRT3 project, also known as the Circle Line.

Axis Real Estate Investment Trust (KL:AXREIT) is proposing a private placement to raise up to RM454.99 million for repayment of bank financing.

Malaysian Resources Corp Bhd’s (KL:MRCB) net profit for the second quarter surged more than fourfold to RM51.18 million from RM10.87 million a year earlier, as contribution from its construction segment doubled.

Property developer SkyWorld Development Bhd (KL:SKYWLD) has proposed to jointly develop a property in Vietnam's  Binh Duong Province, its  second venture in that country.

Ekovest Bhd (KL:EKOVEST) narrowed its net loss to RM64.87 million for its fourth quarter ended June 30, 2024 (4QFY2024) from RM95.66 million a year earlier, helped by a turnaround in the performance of its associate.

Zhuhai CosMX Battery Co Ltd, a Chinese manufacturer of batteries, plans to build a manufacturing plant in Kedah involving investment of RM1 billion.

KIP Real Estate Investment Trust (KL:KIPREIT), which primarily invests in retail properties, has proposed to acquire another four industrial properties for a total purchase price of RM98.3 million.

Mah Sing Group Bhd (KL:MAHSING) held a groundbreaking ceremony for Residensi Suria Madani and launched the M Aspira mixed-development project on Thursday. The projects have a combined gross development value of RM1.01 billion.