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Gabungan AQRS Bhd, a mid-size construction and property development company, is getting a RM500 million subcontract for the CA3 portion of the Sungai Besi-Ulu Kelang Expressway (SUKE).

UNITED Malayan Land Bhd (UMLand) is undergoing a corporate exercise to streamline its activities to ensure greater growth.

KUALA LUMPUR (Aug 15): Sime Darby Bhd has initiated a reverse takeover (RTO) of Japan’s Saizen Real Estate Investment Trust (REIT) under which it will be injecting several of its industrial properties in Australia into the REIT, in exchange for a a certain amount of units in the REIT and cash.

KUALA LUMPUR (Aug 15): Zecon Bhd signed a heads of agreement (HoA) with PR1MA Corp Malaysia for a proposed residential property development within an estimated 22ha (54.

KUALA LUMPUR (Aug 15): IGB Corp Bhd announced a proposed disposal of Renaissance Kuala Lumpur Hotel (Renaissance KL) (pictured) by Great Union Properties Sdn Bhd, a wholly-owned subsidiary of IGB to Ventura International Sdn Bhd for RM765 million.

KUALA LUMPUR (Aug 15): Bursa Malaysia has approved IGB Corp Bhd’s request for a suspension in the trading of its shares today, pending a material announcement.

Sunway Real Estate Investment Trust Maintain buy with a higher target price of RM1.

Tambun Indah Land Bhd (Aug 12, RM1.

KUALA LUMPUR (Aug 15): KAF Research Sdn Bhd has raised its target price (TP) and earnings forecast for Mah Sing Group Bhd to factor in the stellar take-up rate for the property group’s cornerstone developments.

KUALA LUMPUR (Aug 15): After more than a decade of seeking, property developer cum hotel owner and operator, IGB Corp Bhd, has finally found a buyer for its 910-room Renaissance Kuala Lumpur (pictured), and a sale and purchase agreement for the biggest ever hotel deal is expected to be inked as early as today, sources say.