News about S

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.

PETALING JAYA (May 1): SkyGate Solutions Bhd's property investment arm delivered steady recurring income in the financial year ended Dec 31, 2025 (FY2025), even as its property development segment contracted sharply — while a manufacturing surge pushed group revenue up 35.

PETALING JAYA (May 1): The International Construction Week (ICW) Borneo is returning for its second edition on May 12 and 13 in Kota Kinabalu, Sabah, with a technical site visit on May 13.

PETALING JAYA (May 1): Construction and property group Pesona Metro Holdings Bhd has delivered its strongest financial performance in recent years, with group revenue surging 38% to RM705.

PETALING JAYA (April 30): The Real Estate and Housing Developers’ Association (Rehda) Institute Youth Initiative (RIYI) 2026 recently held its first corporate mentorship session, bringing together about 50 students from over 15 universities nationwide to engage directly with industry leaders and gain early exposure to workplace expectations in the built-environment sector.

PETALING JAYA (April 30): A 253-acre freehold landbank in Alor Gajah, Melaka — bought for RM45.

PETALING JAYA (April 30): The retail and office arms of the IGB group both reported stronger first-quarter results, though the scale of their performances diverged sharply — with IGB Real Estate Investment Trust's (IGB REIT) malls posting blockbuster growth on the back of a new acquisition, while IGB Commercial Real Estate Investment Trust (IGB Commercial REIT) delivered a steady, organic improvement across its office portfolio, according to its Bursa Malaysia announcements.

KUALA LUMPUR (April 30): Construction and property firm Bina Puri Holdings Bhd (KL:BPURI) is extending its financial year again, now combining nearly two years of results into a 23-month reporting period by switching to a May year-end.

The Troika, Kuala Lumpur condo unit sold for RM2.

PETALING JAYA (April 29): Real estate agency Polygon Properties marked its ninth anniversary with its Globe Gala Night on April 17 at Galaxy Banquet Hall in Sentul, bringing together 500 guests for a cross-cultural themed celebration.