Kimlun Corp Bhd (KL:KIMLUN) is forming a joint venture company (JVco) with Singapore-listed Astaka Holdings Ltd’s (AHL) indirect 50.99%-owned unit Astaka Capital Sdn Bhd (ACSB) to develop a residential serviced apartment project in Johor Bahru.

S P Setia Foundation, the charity arm of S P Setia Bhd, held its Sincerely, Setia Special Celebration World Environment Day 2024 recently at Setia EcoHill with students from Setia-adopted schools.

The Tourism, Arts, and Culture Ministry has assured that the latest conditions of the Malaysia My Second Home (MM2H) programme will not compromise national security.

Sime Darby Property and GSPARX Sdn Bhd, a subsidiary of Tenaga Nasional Bhd (TNB), have launched a joint venture to promote sustainable renewable energy initiatives in Malaysia.

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

Internet of Things (IoT) solutions provider G3 Global Bhd (KL:G3) has secured a project to develop the National Integrated Migrant Workers Dormitory (NiMWD) for the Maldives government.

Construction company Aneka Jaringan Holdings Bhd (KL:ANEKA) has secured a RM53 million sub-contract for the execution of bored piles and precast reinforced concrete piles works in Selangor.

Construction and trading group Pesona Metro Holdings Bhd (KL:PESONA) said it is diversifying into property development through the acquisition of a 51% stake in the developer of a high-rise residential project in Bukit Jalil, for RM40.8 million in cash.

Development of the Johor-Singapore Special Economic Zone's (JS-SEZ) infrastructure will be co-financed by the government and the private sector, Economy Minister Rafizi Ramli said.

Malaysia’s central bank on Thursday kept the benchmark interest rate unchanged as widely expected, amid resilient economic growth and manageable inflation.