Tan Chong completes RM148.8m Jalan Putra land disposal in Kuala Lumpur
PETALING JAYA (March 27): Tan Chong Motor Holdings Bhd (Tan Chong Motor) has officially completed the RM148.
REHDA Institute’s UK study tour engages London mayor’s office and Foster + Partners on housing, regeneration and future city models
PETALING JAYA (March 27): REHDA Institute has embarked on its Asia Real Estate Leaders (AREL) Study Tour to the United Kingdom, with stops across London, Bristol, Bath and Cambridge, as part of its efforts to strengthen global knowledge exchange and leadership development within Malaysia’s real estate sector.
Exsim Hospitality seeks to diversify into construction, procurement businesses
PETALING JAYA (March 27): Exsim Hospitality Bhd is seeking shareholder approval to diversify its existing business to include construction works and centralised procurement activities, according to a circular issued today (March 27).
GuocoLand to table privatisation proposal at EGM
KUALA LUMPUR (March 27): GuocoLand (Malaysia) Bhd (KL:GUOCO) said the proposal by its controlling shareholder to privatise the company will be tabled at an extraordinary general meeting (EGM) on a date to be fixed later.
Axis REIT and Ann Joo mutually terminate Penang industrial property acquisition on unsatisfactory due diligence findings
KUALA LUMPUR (March 27): Axis Real Estate Investment Trust (KL:AXREIT) said the acquisition of an RM800 million industry property in Seberang Perai Tengah from Ann Joo Resources Bhd’s (KL:ANNJOO) wholly owned subsidiary Ann Joo Steel Bhd has been terminated.
Malaysia not immune to housing affordability pressures, shifting to targeted reforms — minister
LONDON (March 26): Malaysia is not immune to rising housing affordability pressures despite its relatively high homeownership rate, Housing and Local Government Minister Nga Kor Ming said, as the government shifts towards more targeted and data-driven housing reforms.
Binastra Corp's 4Q net profit jumps 70% to RM42m amid higher number of projects
KUALA LUMPUR (March 26): Construction group Binastra Corp Bhd's (KL:BNASTRA) fourth quarter net profit climbed by nearly 70% to RM42.
Sunway stands firm on IJM bid, citing independent valuations and its own track record
KUALA LUMPUR (March 26): Sunway Bhd (KL:SUNWAY) is standing firm on its RM3.
Beyond the brewery: Heineken’s production shift highlights rising strategic value of PJ industrial land
PETALING JAYA (March 26): When Heineken NV announced last week that its Singapore unit would phase down large-scale brewing in favour of a regional logistics and innovation hub, the headlines focused on export projections and analyst commentary.
MBAM calls for urgent support as construction cost pressures escalate
KUALA LUMPUR (March 26): Master Builders Association Malaysia (MBAM) urges the government and private sector to take immediate action as escalating building material, energy and logistics costs squeeze development contractors and threaten project delivery.
