Metronic Global to sell vacant Bukit Jelutong factory for RM9.42m to pare debt
PETALING JAYA (May 12): Metronic Global Bhd is disposing of a freehold industrial property in Shah Alam for RM9.
PETALING JAYA (May 12): Metronic Global Bhd is disposing of a freehold industrial property in Shah Alam for RM9.
PETALING JAYA (May 12): UOA Development Bhd has confirmed the formal rescission of three sale and purchase agreements (SPAs) involving the proposed RM200 million sale of commercial properties to UOA Real Estate Investment Trust (UOA REIT), after unitholders voted down the deal.
PETALING JAYA (May 12): Nasdaq-listed Equinix, Inc has announced plans to develop KL2, a new purpose-built International Business Exchange data centre in Cyberjaya, Selangor, representing a total investment of over US$190 million (about RM747 million) — bringing the company's cumulative investment in Malaysia to over US$530 million across its four sites, based on previously reported figures.
PETALING JAYA (May 12): Despite a challenging global environment, Malaysia stands on comparatively firm footing.
PETALING JAYA (May 12): Trinity Group Sdn Bhd has marked the topping out of Trinity Rainfora, its rainforest-inspired transit-oriented development in Bandar Kinrara, Puchong, Selangor.
PETALING JAYA (May 12): Kuala Lumpur's prime office market sustained its recovery trajectory in the first quarter of 2026, with rental rates rising 1.
PETALING JAYA (May 12): Battersea Power Station is expanding its retail, leisure and cultural offering with more than 10 new openings confirmed for 2026, as the riverside destination continues to scale its experiential mixed-use development.
PETALING JAYA (May 12): Apex Equity Holdings Bhd has completed the RM50 million acquisition of a boutique office building in Bangsar South City, Kuala Lumpur, with all conditions precedent fulfilled and the balance of the purchase price released to the vendor today.
PETALING JAYA (May 12): Malton Bhd has officially launched Mutiara Kempas, a freehold serviced apartment development in Kempas, Johor Bahru (JB), recording a notable 70% take-up rate since its preview in April.
PETALING JAYA (May 12): Eastern & Oriental Bhd (E&O) has been recognised by the Malaysia Book of Records (MBOR) for building the widest box girder bridge in Malaysia through the Gurney Bridge at Andaman Island in Penang.