Menara Belfield, Kuala Lumpur condo unit sold for RM318k | DONE DEAL
Persiaran Perupuk, Selangor bungalow land sold for RM4.
Loke: Rapid to get electric buses, more on-demand vans for Penang
GEORGE TOWN (Jan 12): Penang is entering a new phase of public transportation as Prasarana Malaysia Bhd, through its subsidiary Rapid Bus Sdn Bhd (Rapid Bus), will begin gradually replacing ageing Rapid Penang buses with electric vehicles (EVs) starting this year.
Sunway makes cash-share offer to take over IJM Corp at RM11 bil
KUALA LUMPUR (Jan 12): Sunway Bhd (KL:SUNWAY) plans to acquire rival company IJM Corporation Bhd (KL:IJM) in a cash-and-share deal worth over RM11 billion.
Telekom Malaysia secures power supply for data centre in Johor
KUALA LUMPUR (Jan 12): Telekom Malaysia Bhd (KL:TM) said its joint venture with Nxera has secured a multi-year electricity supply for a planned data centre campus in Iskandar Puteri, Johor.
Building costs rise in December 2025 on higher cement, sand—DOSM
KUALA LUMPUR (Jan 12): Building costs rose in December 2025, driven by higher cement and sand prices, data from the Department of Statistics Malaysia (DOSM) showed.
JAKS Resources to sell 100% stake in 50MW Penang solar plant to Sunview for up to RM55 mil
KUALA LUMPUR (Jan 12): JAKS Resources Bhd (KL:JAKS) has agreed to sell its 100% stake in JAKS Solar Nibong Tebal (JSNT) to Sunview Group Bhd (KL:SUNVIEW) unit, Sunview Asset Management Sdn Bhd, for RM15 million in cash plus up to RM40 million owed by JSNT.
Ancubic Group’s Rosedale commercial sold out, property gallery opens
KLANG (Jan 12): Ancubic Group of Companies’ Rosedale commercial component located in Klang, Selangor has been fully sold out.
Wyndham adds five hotels, signs three more in Malaysia’s key cities
KUALA LUMPUR (Jan 12): Wyndham Hotels & Resorts has opened five new hotels and signed three additional properties in Malaysia in 2025, reflecting the growing confidence in the hospitality group’s brand portfolio and strategy, as well as strong demand across Malaysia’s tourism sector.
IGB disposes of St Giles Hotel London and shares in Ravencroft Investment for £220 million
KUALA LUMPUR (Jan 12): IGB Bhd's (KL:IGBB) associates have disposed of UK-based assets, including the St Giles Hotel London, for a total of £220 million (RM1.
Global Oriental sells retail units in Pavilion Embassy for RM35 mil
KUALA LUMPUR (Jan 9): Property developer Global Oriental Bhd (KL:GOB) said it is disposing of 18 retail units in its Pavilion Embassy project in Kuala Lumpur for RM35 million to pare its borrowings.
