Phase one of Sime Darby Property’s SJCC East One records 80% take-up within hours of launch
The development occupies 2.
IGB, IGB REIT climb to new record high on Johor Bahru deal
At least four research houses upgraded the trust to ‘buy’ after raising their forecasts and target prices, betting that potential income from the mall, the trust’s first outside of the more mature Klang Valley, will offset the dilution to earnings per unit.
SD Guthrie’s industrial JVs provide long-term recurring income, sales speed is key—analysts
The group is collaborating with the Negeri Sembilan state government to develop a 300-acre industrial park in Port Dickson, and with Sime Darby Property Bhd (KL:SIMEPROP) for a 2,000-acre site on Carey Island.
CCC-ECRL disputes Advancecon's RM15.2 mil claim for ECRL works
CCC-ECRL confirmed that it had received the notice of adjudication from the Advancecon subsidiary, Advancecon Infra Sdn Bhd, which alleged outstanding payments for subgrade, drainage, and culvert works carried out under two sub-contract for the ECRL project.
Mulpha-linked Aveo Group to be sold in Australia, reports say
Scape, which mainly owns and operates student accommodation in Australia, and co-investor South Korea’s National Pension Service have agreed to pay A$3.
Bonia buys remaining 10% stake in unit with two parcels of land in Bukit Bintang
The deal will make CBN a wholly owned unit of Bonia upon completion of the acquisition, which is expected to take place in the third quarter of this year, according to the luxury retailer's filing with Bursa Malaysia.
IGB REIT to acquire Mid Valley Southkey Mall in Johor for RM2.65 bil
The five-storey mall, with over 1.
Hektar REIT to acquire 90% stake in Perlis land for solar farm project
MTrustee Bhd, acting on behalf of Hektar REIT, has entered into an agreement with Wan Realty Sdn Bhd and Darul Modal Sdn Bhd for the acquisition, valued at RM26 million, according to a bourse filing on Tuesday.
UEM Sunrise cancels data centre plan, looks to sell Gerbang Nusajaya land
Officer-in-charge and chief financial officer Hafizuddin Sulaiman said its plans with Logos to develop an up to 360 megawatt data centre in Gerbang Nusajaya fell through due to changes in Logos’ ownership and business direction.
UEM Sunrise expects little impact from expanded SST, says most projects exempt
Officer-in-charge and chief financial officer Hafizuddin Sulaiman: “We had anticipated the potential impact and have already accounted for SST implications in our ongoing construction contracts.
