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KUALA LUMPUR (May 6): SkyWorld Development Bhd has formalised a strategic collaboration with  Malaysian government agency Majlis Amanah Rakyat (MARA) through the exchange of a memorandum of understanding (MOU) at the MARA Synergy Summit: Sustainability as the Nation’s Growth Engine, held in conjunction with MARA’s 60th anniversary at the World Trade Centre Kuala Lumpur on May 4.

KUALA LUMPUR (May 6): The potential sale of Marina One, a mixed-use development in Singapore owned by M+S Pte Ltd, is said to have attracted bidders including CapitaLand Group and Hongkong Land Holdings Ltd, international news wires Bloomberg reported.

PETALING JAYA (May 6): Rivertree STF Synergies Bhd (RSSB) is undertaking a significant property portfolio restructuring exercise — acquiring two serviced apartment development companies with a combined gross development value (GDV) of approximately RM654.

PETALING JAYA (May 6): Magni-Tech Industries Bhd has announced that its wholly-owned subsidiary, Magni Land Sdn Bhd (MLSB), entered into a Sale and Purchase Agreement (SPA) yesterday (May 5) with Neoh Choo Ee & Company Sdn Bhd for the acquisition of a freehold parcel of vacant land in Bandar Tanjong Bungah, Daerah Timur Laut, Pulau Pinang for a total cash consideration of RM133.

GEORGE TOWN (May 5): The Penang Development Corporation (PDC) and Malaysia Airports Holdings Bhd (MAHB) have approved the setting up of a joint venture company, Syarikat Usahasama PILA Sdn Bhd, to implement the Penang International Logistics Aeropark (Pila) project.

KUALA LUMPUR (May 5): The long-awaited contract for the development of a rapid transit system in Johor Bahru will be awarded to the MMC Corp Bhd-DOM Industries Sdn Bhd consortium, say sources privy to the bidding.

PETALING JAYA (May 4): Tropicana Corp Bhd has clarified to Bursa Malaysia that its four-month delay in announcing a RM44.

PETALING JAYA (May 4): When Merdeka 118 was designated Malaysia's first building recognised under the MD (Malaysia Digital) Nexus category of the new Malaysia Digital Location Recognition (MDLR) framework in February, this year, most coverage treated it as a technology policy milestone.

PETALING JAYA (May 4): Malaysia is sitting on one of Southeast Asia's most compelling digital investment stories — RM342.

PETALING JAYA (May 4): Malaysia has quietly cemented its position as the second-largest developing-economy recipient of digital foreign direct investment (FDI) globally, trailing only India — a milestone that carries significant implications for Grade A office demand, industrial land values and data centre real estate across the country's three primary digital investment hubs.