The Petronas Twin Towers was also the recipient of the Editor’s Choice Awards for Timeless Excellence.

Kenanga Research said real estate investment trusts (REITs) are not the best alternative to holding cash, while reiterating its 'neutral' call on the sector.

Tim Sekata Sdn Bhd director of business development Oliver Wee Hiang Chyn has been re-elected as the president of the Master Builders Association Malaysia (MBAM) for the June 2024 to June 2026 term during the association's 70th annual general meeting.

MARC Ratings Bhd has downgraded YNH Property Bhd's (KL:YNHPROP) Islamic Medium-Term Notes Programme (Sukuk Wakalah) to BBIS with a negative outlook in a move that it says reflects heightening concerns over the group's business and financial prospects.

YNH Property Bhd (KL:YNH) said the conditional period of the sale and purchase agreement for it to sell 163 Retail Park to Sunway Real Estate Investment Trust (Sunway REIT) (KL:SUNREIT) has been extended by three months to Sept 26.

CGS International and Hong Leong Investment Bank (HLIB) said IJM Corp Bhd’s (KL:IJM) recent contract win in the data centre space is strategically significant and could pave the way for many more.

The firm, in a recent report, discussed the implications of AI proliferation for sectors such as telecommunications, real estate, power producers, tech manufacturing and construction.

In June 2015, Sunway via its 60%-owned JV Sunway Iskandar Sdn Bhd (SISB) and Daiwa House Malaysia Sdn Bhd (DHM) formed the JV company on a ratio of 30:70 respectively, to construct 100 prefabricated homes in Iskandar Malaysia, Johor.

This follows an announcement last week by the Ministry of Tourism, Arts and Culture (Motac) of an updated MM2H guideline.

Property developer YNH Property Bhd (KL:YNHPROP) has appointed UHY as a special independent reviewer to assess certain joint venture (JV) and turnkey contracts entered into by its unit, Kar Sin Bhd.