IJM on track to develop Phase 2 of The Light project

An artist's impression of The Light Waterfront Phase 2 KUALA LUMPUR (April 23): Kenanga IB Research reported on April 22 that IJM Corp Bhd is in the midst of entering a new phase of growth as it is expanding most of its major earning drivers.

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Eco World to build Eco Marina in Penang

KUALA LUMPUR (April 20): AllianceDBS Research reported on April 17 that the Eco World Development Group Bhd (ECW) announced that it had received a letter of award (LOA) from the Penang Development Corporation (PDC) for the proposed acquisition of 299.

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AmFIRST to acquire Mydin store in Penang

KUALA LUMPUR (April 14): AmFIRST Real Estate Investment Trust (AmFIRST REIT) is expected to make its first investment in the north through the acquisition of a retail asset in Seberang Prai, Penang — owned by established multi-format retailer Mydin Mohamed Holdings Bhd — for an estimated RM250 million.

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