News about PA

KUALA LUMPUR (May 8): Pavilion Real Estate Investment Trust (Pavilion REIT) recorded a stronger first quarter ended March 31, 2026 (1Q2026), posting higher distributable income and distribution per unit (DPU) on the back of improved net property income from its core retail assets.

Four Seasons Place, Kuala Lumpur condo unit sold for RM9.

KUALA LUMPUR (May 7): Pavilion Real Estate Investment (REIT) (KL:PAVREIT) launched the Pavilion Loves Sustainability initiative in conjunction with Sustainability Week 2026 on Wednesday (May 6), featuring several retailers at the EcoHub pop up in Pavilion Bukit Bintang and Pavilion Bukit Jalil.

Four Seasons Place, Kuala Lumpur condo unit sold for RM9.

KUALA LUMPUR (May 6): Paramount Corporation Bhd (KL:PARAMON) said it has so far issued RM190 million under its RM500 million perpetual securities programme.

KUALA LUMPUR (May 5): Capital A Bhd (KL:CAPITALA) is in talks with a major hotel chain to extend its AirAsia brand into the hospitality sector.

GEORGE TOWN (May 5): The Penang Development Corporation (PDC) and Malaysia Airports Holdings Bhd (MAHB) have approved the setting up of a joint venture company, Syarikat Usahasama PILA Sdn Bhd, to implement the Penang International Logistics Aeropark (Pila) project.

PETALING JAYA (May 1): Ng Chan Mau & Co (NCM Co) together with Owner Auction and Lapan Art Auction, has launched Jelajah Harta Tanah Malaysia 2026, the latest edition of its Auction Carnival series, drawing more than 400 registered bidders and participation from 14 financial institutions at the inaugural event.

KUALA LUMPUR (May 1): Dexter Koh Yew Peng (pictured) has been elected as the new president of Pertubuhan Akitek Malaysia (PAM) following the institute’s Annual General Meeting on Saturday Koh is leading the new PAM council for the 2026/2027 term alongside deputy president Norzaini Mufti, vice president Datuk Zulkhairi Md Zain, honorary secretary David Teoh Wui Leng and honorary treasurer Ellina Suhaida Abdul Rahman.

KUALA LUMPUR (May 1): Property developer Pasdec Holdings Bhd (KL:PASDEC) has promoted its vice-president of property and strategy development, Mohammad Ikhwan Mustapa Al Bakri (pictured), to chief executive officer, effective today.