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.

S P Setia Bhd feels that the government’s fuel subsidy rationalisation plans should only have a “minimal the direct impact on our business operations”.

Shares in WCT Holdings Bhd (KL:WCT) climbed to their highest in more than four years on Thursday.

Malaysia’s property market has demonstrated significant growth and resilience, with an individual property counter experiencing up to 600% growth in share price appreciation.