Maxim Global Bhd (KL:MAXIM) said it is acquiring 5.81 acres of freehold land in Subang Jaya for RM95 million or RM375.25 per sq ft.

A three-member bench, led by judge Datuk Lee Swee Seng, in allowing CDS’ appeal, ruled that there was no defamation, no negligence, and no breach of statutory duty by the credit-rating agency.

The partnership also includes the development of a 15MW floating solar farm spanning 37.5 acres (15.2 hectares) at IJM Rimbayu. 

The completion of the equity funding will see QIP, alongside UK-based co-developer Hurlington Capital, develop a new 299-bed purpose-built student accommodation in Woolwich, London.

The Tourism, Arts and Culture Ministry (Motac) did not approve any criteria for the Sabah Malaysia My Second Home (Sabah MM2H) programme launched last month.

Tropicana Corporation Bhd recently conducted a handover of vacant possession to 198 homeowners of Freesia Residences in Tropicana Aman.

Experts taking part in a panel session at PropNex Malaysia's Xpo 2024 are cautiously optimistic about the local property market.

Tropicana Corporation Bhd is set to capitalise on its 2,000-acre land bank after it unveiled its plans to develop two mega townships in Johor with a combined gross development value (GDV) exceeding RM30 billion.

RHB Investment Bank (RHB IB) maintained its “overweight” calls on the property, construction, technology, healthcare, transport, oil and gas (O&G), utilities and rubber products sectors.

Ekovest Bhd (KL:EKOVEST), the controlling shareholder of PLS Plantations Bhd (KL:PLS), has transferred some PLS shares to an adviser to pay for services rendered in relation to a corporate proposal that Ekovest undertook previously.