Symphony Life plans RM23m private placement to fund Lembah Ledang project
Back in December 2016, Symphony Life formed a joint venture (JV) company with PNB and JBiz Development, called PJS Damansara Sdn Bhd, to acquire and develop a 19.
SEZ private lease scheme valid, says appellate court in landmark judgment on developer’s appeal
On April 29, the appellate court allowed Tropika Istimewa Development Sdn Bhd, the developer of The Meridin@Medini project in Medini Iskandar Malaysia’s appeal against 107 property buyers for liquidated ascertained damages (LAD).
Cahya Mata Sarawak's 1Q profit down 34% on unfavourable forex, prolonged monsoon season
Its property development business turned to loss in absence of a land sale profit last year, while its investment segment profit also shrank.
19 tenants unveiled at Eco Majestic’s new retail and community hub Majestic Labs
Majestic Labs is a continuation of EcoWorld’s dedication to community-building and placemaking with vibrant, people-first commercial spaces.
Central Global unit to acquire three properties in Selangor for RM3.67 mil
The purchase consideration was determined on a “willing buyer, willing seller” basis, based on independent valuations by Henry Butcher Malaysia using the comparison approach.
S P Setia records 1QFY2025 profit before tax of RM141 mil, continues to reduce its borrowings by another RM156 mil
Remains committed to achieving its RM4.
Bina Puri hit with winding-up petition over RM309,129 debt
Bina Puri Sdn Bhd (BPSB) was served with the winding-up petition on May 8 from Fujifilm’s solicitors, Messrs Skrine, with a hearing fixed for Aug 6, 2025, the property developer said in a filing on Tuesday.
Eversendai bags RM1.3b global projects, including German offshore wind job
In the United Arab Emirates, Eversendai Offshore secured a project from Spain’s Dragados Offshore SAU to fabricate structural steel for offshore converter topside blocks for the LanWin2, BalWin3 and LanWin4 offshore grid connection projects in Germany.
Astaka and Kimlun break ground on RM800m Arden tower in Johor-Singapore SEZ
Arden is the first component of Phase 3, which will also include a shopping mall and a five-star hotel, of the One Bukit Senyum development, the flagship project of Astaka, and is located within the Johor-Singapore Special Economic Zone.
China’s Haitian Group breaks ground on RM3 bil manufacturing hub at Eco Business Park II, Iskandar Malaysia
The estimated total investment cost that the Haitian Group will be expending on its planned facilities is approximately RM3 billion.
