Hektar REIT to buy 42 acres of land in Melaka for RM40m
Hektar Real Estate Investment Trust (KL:HEKTAR) said it has entered into a deal to buy two parcels of leasehold land in Melaka, totalling 41.8 acres, for RM40 million.
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Avaland buys 3.2-acre KL land from Tan Chong for RM148m
Avaland Bhd (KL:AVALAND) has signed a deal to acquire a 3.194-acre parcel of land on Jalan Putra here from a unit of Tan Chong Motor Holdings Bhd (KL:TCHONG) for RM148.8 million, which it plans to develop into a mixed-use commercial project.
LB Aluminium acquires industrial land in Banting
The aluminium extrusion manufacturer said it is buying the property from Lucksoon Coatings Sdn Bhd.
Gamuda shares climb to two-week high on positive outlook despite 3Q earnings miss
Core net profit nine months into the financial year ending July 31, 2025, accounts for a little under two-thirds of the consensus’ full-year estimates.
Putra Heights blaze: Weak soil beneath gas pipeline the root cause, no criminal element found
While the pipeline met technical specifications, a segment of it was not fully supported by the ground beneath, which was found to be soft and moist.
Malaysia’s data centre project pipeline unaffected by alleged Nvidia chip breach, says MIDF
The pipeline of data centre projects in Malaysia is unlikely to be impacted by recent reports alleging that Chinese firms are using servers equipped with Nvidia chips to train artificial intelligence (AI) models, said MIDF Research.
Six business groups urge govt to delay SST expansion, warn of inflation and job losses
They specifically highlighted the proposed 8% tax on commercial rental and leasing services, deeming its timing "gravely misguided".
Country Heights to sell South Africa-based unit for RM600,000
Cash-strapped property developer Country Heights Holdings Bhd (KL:CHHB) plans to dispose of a firm that owns a property in South Africa for RM600,000 in cash.
Bertam Alliance to exit PN17 after seven years
Property developer Bertam Alliance Bhd (KL:BERTAM) is set to exit Bursa Malaysia's Practice Note 17 (PN17) category for financially distressed companies on Thursday (June 12), after being in the status for seven years.
Builders urge govt to delay and review expansion of SST on construction services
The Master Builders Association Malaysia (MBAM) has urged the government to reconsider the impending revision and expansion of the sales and service tax (SST) on construction services, citing concerns that the move will strain the industry’s cash flow.
