Atrium REIT's 1Q net income rises 17.3% to RM7.29m; declares 2.50 sen distribution
PETALING JAYA (April 28): Atrium Real Estate Investment Trust (REIT) recorded a net income of RM7.
IWCity extends evaluation of Lim Kang Hoo's merger proposal for the sixth time
PETALING JAYA (April 28): Iskandar Waterfront City Bhd (IWCity) has secured a further nine-month extension to January 27, 2027 to evaluate Tan Sri Lim Kang Hoo's proposed reorganisation, rationalisation and merger, according to a Bursa Malaysia filing on Monday.
Mida helps facilitate approval of tax incentives for 220 projects in Johor last year
JOHOR BAHRU (April 27): The Malaysian Investment Development Authority (Mida) facilitated the approval of tax exemptions and incentives for 220 projects in Johor, reinforcing the federal government's commitment to the state's industrial growth in 2025.
KIP REIT to acquire Setapak Central Mall for RM435m, plans unit placement to fund deal
PETALING JAYA (April 28): KIP Real Estate Investment Trust (REIT) has entered into a conditional sale and purchase agreement (SPA) to acquire Setapak Central Mall in Setapak, Kuala Lumpur, from Festiva Mall Sdn Bhd — a wholly-owned subsidiary of Singapore-listed Frasers Property Ltd — for a cash consideration of RM435 million.
Malaysian REITs may have more downside ahead, CGS International flags
KUALA LUMPUR (April 27): Despite recent corrections, Malaysian real estate investment trusts, or REITs, have yet to fully price-in the loss of withholding tax perk, CGS International flagged.
Kommons Realty marks awards night recognising top performers and outlines growth targets
KUALA LUMPUR (April 27): Kommons Realty marked its annual Awards Night 2026 on April 8, bringing together its Real Estate Negotiators (RENs), leadership team, and industry partners to recognise performance achievements recorded in 2025.
Triterra marks 10 years in KL with sold-out music showcase at The MET Corporate Towers, Mont’Kiara
PETALING JAYA (April 27): When the lights dimmed at The MET Corporate Towers in KL Metropolis last Friday evening, what followed was not a board meeting or a product launch — it was a full house of guests transported back to the golden sounds of the 1980s and 1990s, with Malaysian vocal powerhouses Ning Baizura, Elvira Arul and Yazmin Aziz taking the stage in succession.
Knight World Realty, Bricksmania Asset Management ink MOU to bridge property listings gap
PETALING JAYA (April 27): Knight World Realty (M) Sdn Bhd and Bricksmania Asset Management Sdn Bhd have formalised a strategic partnership through the signing of a memorandum of understanding (MOU), aimed at combining their complementary strengths to unlock new opportunities in Malaysia's property investment market.
Samaiden completes RM45.5 mil acquisition of 185.57ha Teluk Intan land for utility-scale solar farm
PETALING JAYA (April 27): Samaiden Group Bhd has completed the acquisition of two parcels of 99-year leasehold agricultural land in Teluk Intan, Perak, measuring approximately 185.
Property developer Gold Li launches IPO at 13 sen to mainly fund Johor projects
KUALA LUMPUR (April 27): Gold Li Holdings Bhd, which mainly develops landed homes, has begun collecting applications for its initial public offering (IPO) on the ACE Market of Bursa Malaysia, seeking to raise up to RM19.
