The Johor wealth exchange: IOI Prop banks the land as AME Elite builds the future
PETALING JAYA (March 9): Johor’s role as Malaysia’s fastest-growing investment corridor is beginning to reshape how property developers deploy capital.
AME Elite buys two Senai plots from IOI Properties unit for RM101.18 mil
KUALA LUMPUR (March 9): Construction and property player AME Elite Consortium Bhd (KL:AME) is acquiring two parcels of freehold land measuring a total of 31.
Armani Group debuts 383-key golf-front serviced residence in Cameron Highlands, with Ascott as operator
PETALING JAYA (March 3): Armani Group has officially opened Oakwood Cameron Highlands, a 383-key golf-front serviced residence managed by The Ascott Ltd, marking a significant addition to its hospitality and lifestyle portfolio in Cameron Highlands, Pahang.
MRMA urges continuation of REIT tax framework to sustain sector growth
KUALA LUMPUR (Feb 12): The Malaysian REIT Managers Association (MRMA) has appealed for the continuation of the withholding tax framework for real estate investment trusts (REITs), calling it a critical support mechanism as the sector enters a new growth phase.
AME REIT extends record quarterly net property income, declares 2.06 sen distribution
KUALA LUMPUR (Feb 5): AME Real Estate Investment Trust (KL:AMEREIT) reported on Wednesday a 23% year-on-year increase in net property income (NPI) for the latest quarter, thanks to higher rental income from newly acquired properties and positive rental reversions.
AME Elite wins RM214m job to build test cell facility for KLIA Aeropolis
KUALA LUMPUR (Feb 4): AME Elite Consortium Bhd (KL:AME) has secured a RM214.
AME REIT to sell three industrial properties for RM14.5 mil
"This divestment forms part of our active portfolio management and capital discipline, where mature, smaller-format properties are monetised at attractive valuations and capital is redeployed into larger, scalable properties with stronger long-term growth.
AME Elite to sell five industrial properties in Johor to CapitaLand for RM220.8m cash
The sale “highlights the strong market demand for our high-specification facilities and the institutional-grade nature of our industrial parks”.
Urban Renewal Bill postponed again as Parliament adjourned without debate
Dewan Rakyat Speaker Tan Sri Johari Abdul announced the adjournment on Thursday, after the Immigration (Amendment) Bill 2025 and Passports (Amendment) Bill 2025 were approved by the lower house.
AME Elite posts record 2Q net profit on land sale, declares total six sen dividend
Quarterly revenue jumped 140.
