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PETALING JAYA (Dec 21): IOI Properties Group Bhd announced the opening of its Palm Garden Hotel in Putrajaya, a Tribute Portfolio Hotel.

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KUALA LUMPUR (Dec 18): Chin Hin Group Bhd has raised its stake in Solarvest Holdings Bhd to 27.

KUALA LUMPUR (Dec 17): Malaysian Rating Corporation Bhd (MARC) has revised its rating outlook for Fortune Premiere Sdn Bhd's RM3 billion multi-currency sukuk programme to negative from positive while affirming its AA-IS rating.

KUALA LUMPUR (Dec 15): Bina Puri Holdings Bhd has signed a power purchase agreement (PPA) with Sabah Electricity Sdn Bhd (SESB) to develop a five megawatt alternating current (MWac) large scale solar photovoltaic (PV) plant in Kunak.

KUALA LUMPUR (Dec 15): A majority of Malaysian homeowners (59%) are not covered for fire damage, with fire losses estimated at RM2.

KUALA LUMPUR (Dec 15): KAF Research expects the property upcycle to gain momentum as the Covid-19 pandemic appears likely to transition to an endemic soon.

JOHOR (Dec 14): Johor is intending to address the state’s housing issues by collaborating with property developers to build up to 115,000 affordable homes through the Special Johor Housing Programme, according to a report by New Straits Times.

KUALA LUMPUR (Dec 10): CGS-CIMB Research sees Gamuda Bhd, IJM Corp Bhd and HSS Engineers Bhd as likely potential front-runners for the Mass Rapid Transit Line 3 (MRT 3) project’s civil work tenders.