A few prime developers won notable and multiple awards at the Malaysian Institute of Planners (MIP) Planning Excellence Awards (MIPPEA) for 2024 held recently.

MIDF Research has raised concern over the sharp selloff in Malaysian construction stocks, suggesting that market reaction may be overdone. 

YNH Property Bhd (KL:YNHPROP) announced on Monday that the independent review of its joint venture (JV) and turnkey contracts, conducted by Messrs UHY, is expected to be completed and issued by Feb 15, 2025.

Data centre-related stocks and proxies to artificial intelligence (AI) on Bursa Malaysia rebounded on Tuesday, driven by expectations of gradual approach to tariff policies by the new Donald Trump’s US administration.

YNH Property Bhd (KL:YNHPROP) is disposing of a two-storey shopping centre, AEON Mall Seri Manjung in Perak, to Sunway Real Estate Investment Trust (KL:SUNREIT) for RM138 million. 

Malaysian stocks tied to the data centre investment theme face further downside risks, JPMorgan warned and downgraded Sunway Construction Group Bhd (KL:SUNCON) and Gamuda Bhd (KL:GAMUDA).

Malaysian construction stocks fell further on Friday, as investors further cut their exposure to data centre plays, amid lingering fallout from intensifying US controls on advanced chip exports. 

The construction sector is expected to see another decent year in 2025, after domestic contract awards hit a new record last year, according to Hong Leong Investment Bank (HLIB) Research.

Malaysian construction stocks fell sharply on Thursday for the sixth straight day amid concerns over data centres being built as the US further tightens restrictions on advanced semiconductor exports.

Sarena assumed the role of executive deputy chair of Sunway Group on Jan 2 this year.