News about developer

The REIT may include retail complexes, office buildings, schools and a convention centre, S P Setia said in a statement.

S P Setia said the disposal of the land was conducted through its subsidiary Pelangi Sdn Bhd and was completed earlier in the day with Senibong Island Sdn Bhd (SISB).

"As we reevaluate our remaining land bank potential, this divestment and monetisation strategy sets the groundwork for substantial technological, economic and community advancements in Johor.

The offices will be fully refurbished to provide energy-efficient, grade A+ accommodation targeting BREEAM Outstanding, WELL Core “Platinum”, and NABERS UK 5 Star Design for Performance certifications.

"The group continues to deliver sustainable earnings backed by its RM2.

With this deal, EcoWorld has joined other companies that have ridden the recent wave of artificial intelligence, particularly in data centres, which has swept through the capital market in Malaysia.

The group also received certificates from the Ministry of Housing and Local Government (KPKT) at their awards excellence ceremony to celebrate the gold award winners of the FIABCI World Prix D’Excellence Awards 2024 in Putrajaya on June 7.

Sime Darby Property chief marketing and sales officer Datuk Lai Shu Wei: “We are thrilled to embark on this health and wellness journey with Technogym.

Shares of Binastra has climbed 75% since the beginning of this year, amid a broader rally in the construction sector, fuelled by optimism on the roll-out of major infrastructure projects by the government, and private contracts to build everything from homes to data centres.

This is part of its business transformation plan to rationalise non-core assets and to move its warehouse from Rawang to its steel furniture manufacturing plant in Melaka, the group said in a bourse filing on Friday.