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Plenitude appoints Ng Yoon Thai as new CEO
KUALA LUMPUR (April 17): Plenitude Bhd (KL:PLENITU) has named Ng Yoon Thai as its new chief executive officer to lead the real estate firm that is involved in development, investment and hospitality.
Gadang sinks into the red in 3Q as construction and property divisions record lower revenue
KUALA LUMPUR (April 17): Gadang Holdings Bhd (KL:GADANG) has posted a net loss of RM10.
Kajang sees growing home values, driven by master-planned townships
KAJANG (April 16): Kajang’s property price growth has outperformed the national compound annual growth rate, with values continuing to reach record highs and indicating further upside potential.
Chin Hin proposes JV with Fiamma Holdings for mixed commercial development in Kuala Lumpur
PETALING JAYA (April 16): Chin Hin Group Property Bhd (CHGP) today issued a circular to shareholders in relation to the proposed joint venture (JV) between BKG Development Sdn Bhd (BKGD), a wholly-owned subsidiary of CHGP, and Fiamma Holdings Bhd (FHB), for a mixed commercial development in Kuala Lumpur.
Malaysia, Singapore expediting JS-SEZ initiative, exploring green tech cooperation
KUALA LUMPUR (April 15): Malaysia and Singapore will continue to expedite the implementation of the Johor-Singapore Special Economic Zone (JS-SEZ), including exploring cooperation in green technologies through carbon capture, utilisation and storage (CCUS).
Matang completes RM18.2 million acquisition of durian plantation land in Tangkak, Johor
PETALING JAYA (April 16): Matang Bhd has completed the acquisition of 10 adjacent parcels of agricultural land in Mukim of Tangkak, District of Tangkak, Johor, for a total cash consideration of approximately RM18.
ECM Libra completes disposal of Tune Hotel George Town Penang for RM51.89 mil
PETALING JAYA (April 16): ECM Libra Group Bhd has completed the disposal of Tune Hotel George Town Penang to Wealthpro Holdings Sdn Bhd for a total cash consideration of RM51,888,000.
Taman Dagang Avenue, Selangor terrace house sold for RM1.5m | DONE DEAL
Park Place @ ParkCity, Kuala Lumpur condo unit sold for RM2.
CIDB, DOSM assess impact of rising building costs amid West Asia conflict
PUTRAJAYA (April 15): The Construction Industry Development Board (CIDB) is collaborating with the Department of Statistics Malaysia (DOSM) to assess the actual impact of rising building material costs following the West Asia conflict on the local construction sector, said Deputy Works Minister Datuk Seri Dr Ahmad Maslan.
IOI Properties scales new high on REIT plan, analysts say watch Singapore next
KUALA LUMPUR (April 15): IOI Properties Group Bhd (KL:IOIPG) extended its rally to new highs on Wednesday as investors kept piling into bets of potential asset spin-offs by the property developer.
