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KLANG (April 22): Klang is undergoing a structural shift driven by rising incomes, land use changes and major infrastructure upgrades, positioning it as a growing upgrader market within the southwest corridor of the Klang Valley.

KUALA LUMPUR (April 22): Hong Leong Investment Bank (HLIB) has decided to downgrade Malaysia’s real estate investment trust (REIT) sector from “overweight” to “neutral”, citing narrow yield spreads against other asset classes and rising competition from high-dividend alternatives.

PETALING JAYA (April 22): Sime Darby Property Bhd (SimeProp) is seeking to establish a long-term incentive plan (LTIP) for its executive director and key senior management staff, with the total shares made available under the plan capped at 5% of its total issued shares at any one time during the plan's 10-year duration.

Park Regent, Kuala Lumpur condo unit sold for RM2.

PETALING JAYA (April 21): Chin Hin Group Property Bhd (Chin Hin) has concluded its private placement exercise after placing out 64.

PETALING JAYA (April 21): Malaysian Resources Corp Bhd (MRCB) recorded a group revenue of RM1.

PETALING JAYA (April 21): After years of delays, false starts and construction hold-ups, Malayan Banking Bhd (Maybank) has put a firm date on one of the most consequential office relocations in Malaysian corporate history.

KUALA LUMPUR (April 21): Tanco Holdings Bhd responded to a Bursa Malaysia’s Unusual Market Activity (UMA) query following a sharp and unusual rise in its share price, stating that its board was not aware of any new or undisclosed corporate developments that may account for the trading activity.

KUALA LUMPUR (April 21): Zelan Bhd — an engineering and construction conglomerate with a track record spanning power plants, ports, airports and high-rise buildings across Malaysia and the Middle East —  said it had secured unanimous creditor approval for its proposed scheme of arrangement, with 100% in value of creditors present and voting at a court-convened meeting approving the scheme.

KUALA LUMPUR (April 21): Malaysian Resources Corp Bhd (MRCB) completed its proposed acquisition of 80% equity interest in Bukit Jalil Sentral Property Sdn Bhd (BJSP), with the balance of the purchase consideration fully paid to the vendor on Monday (April 20).