News about IT

Remains committed to achieving its RM4.

The programme, which will comprise the issuance of senior Islamic medium-term notes and subordinated perpetual Islamic notes, was lodged with the Securities Commission Malaysia (SC) by the REIT's manager, Axis REIT Managers Bhd.

The estimated total investment cost that the Haitian Group will be expending on its planned facilities is approximately RM3 billion.

For the first nine months of FY2025, Exsim Hospitality logged a net profit of RM6.

The SFO scheme in Forest City is backed by a zero-tax incentive—first announced in September 2024—targeted at attracting ultra-high-net-worth individuals and family investment entities into Malaysia.

Paradigm REIT will start off with three shopping malls, and the trust could potentially acquire four more assets, chief executive officer Selena Chua Kah Noi said at the same press conference on Friday.

The IPO, indicatively priced at RM1 per share, comprises retail and institutional offerings, according to the prospectus unveiled on Friday.

In an exchange filing, YNH Property said its wholly owned units Kar Sin Bhd and YNH Hospitality Sdn Bhd, together with RHB Trustees Bhd, the trustee of Sunway REIT, have mutually agreed to extend the conditional period of their sale and purchase agreement (SPA) signed on Jan 20, 2025.

Situated just 800m from the upcoming LRT3 Stadium Shah Alam station, BAYU @ Mori Park is a mixed-use development featuring serviced apartments and commercial components such as flexi suites and retail lots.

“Rent out your property if you're not moving in immediately and aim to cover at least 70% of your instalment to avoid financial burden,” Faizul said.