Parkson Holdings Bhd (KL:PARKSON) said two of its units in mainland China have renewed their respective tenancy for another 10 years until December 2034.

TAFI Industries Bhd's (KL:TAFI) wholly-owned unit, TA Furniture & Projects Sdn Bhd (TAFPSB) is disposing of one of its industrial premises comprising a factory annexed with a storey office in Muar, Johor for RM12 million.

Integrated logistics solutions provider Tasco Bhd (KL:TASCO) plans to invest an additional RM400 million from now to 2026 to expand its warehouse capacity.

Nestcon Bhd (KL:NESTCON) has secured a RM37.7 million contract for construction works on a development project in Kota Seri Langat in Banting, Selangor.

Nextgreen Global Bhd (KL:NGGB) has signed a memorandum of understanding (MOU) with Sawit Palm Oil Industrial Cluster Sdn Bhd (SPOIC) to collaborate on establishing the 400-acre Green Technology Park Sandakan in Sabah.

Sime Darby Property Bhd (KL:SIMEPROP) announced that it has proposed an internal reorganisation, which involves transferring selected assets, liabilities and business activities to its wholly-owned subsidiaries.

The Malaysia Digital Economy Corporation (MDEC) is encouraging local companies to expand their horizons as investors are paying attention to fast-growing companies, citing the potential of the digital platform economy.

Accessibility to train transportation is becoming the new “location” in property buying. This is further driven by the awareness for greater sustainability, with modern track facilities seen as major drivers of higher efficiency in commuting and lower carbon footprint.

While Greater Kuala Lumpur and Johor remain the two locations with the highest growth in the number of data centres in Malaysia, other locations will also start seeing more data centre developments as demand continues to increase, according to JLL Malaysia.

Real estate developer Paramount Corp Bhd (KL:PARAMON) is aiming for 30% of its annual profit to stem from overseas property projects by 2030, supported by its recent acquisition of a 21.5% stake in Eco World International Bhd (EWI) (KL:EWINT), as domestic orders are expected to saturate.