Hong Leong Bank chairman Quek Leng Chan emerges as substantial unitholder in AME REIT
This was after AME REIT, the REIT arm of industrial property developer AME Elite Consortium Bhd had made its debut on Bursa Malaysia on Tuesday.
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Sime Darby announces further offloading of Malaysian Vision Valley land, earmarks up to 15% of proceeds for dividend payments
Sime Darby said its indirect wholly owned subsidiary Kumpulan Sime Darby Bhd (KSDB) has agreed to sell the 1,282-acre parcel for RM445 million.
Konsortium Transnasional bags RM41 mil works contract for PR1MA Pahang project
The contract will commence on Dec 1 and is expected to have a positive contribution to the group from the financial year Dec 31, 2023 onwards.
EcoFirst to acquire remaining stake in firm that owns KL land earmarked for development
The stake in the firm, BCM Holdings Sdn Bhd, is held by Tan You Tiong, who is also a major shareholder of EcoFirst with a 14% equity interest.
Axis REIT to acquire industrial facility in Kapar for RM41 mil
The industrial premise comprises two warehouses and a three-storey annexed office building, all on a 268,581 sq ft freehold land.
Mulpha International gets takeover offer at RM2.30 a share
KUALA LUMPUR (Sept 23): Real estate company Mulpha International Bhd received an unconditional voluntary takeover offer notice at RM2.
Residents claim MBPJ did not follow ‘its own guidelines’ when approving project
Residents living in the southern part of Bandar Utama claimed that the traffic impact assessment report for the 23-storey commercial development was “based on inaccurate data”.
YNH Property to securitise two retail malls raising up to RM500 million
The company intends to securitise its two retail malls, namely 163 Retail Park at Mont’Kiara, Kuala Lumpur, and AEON Seri Manjung in Perak.
UEM Sunrise inks MOUs with Petronas’ units on sustainability, green energy
In the immediate term, the collaboration with Gentari will explore the introduction of low-carbon solutions, specifically EV charging points and an electric forecourt at UEM Sunrise facilities, as well as solar farms at UEM Sunrise lands.
