Sunway unit plans RM10b sukuk wakalah to fund working capital, debt refinancing
Sunway Bhd (KL:SUNWAY) said on Thursday that its unit has proposed a sukuk wakalah programme of up to RM10 billion to fund working capital and refinancing of borrowings.
Kuala Lumpur office glut could worsen, property report warns
The office market in the capital city could face further pressure with the incoming supply of nearly six million square feet of new space, a property report warned.
Consultant warns of speculation risks in red-hot Johor property market
The Johor property market is booming thanks to projects like the Rapid Transit System (RTS) Link and the Johor-Singapore Special Economic Zone (JS-SEZ), but there are risks of over-speculation beyond the areas directly benefiting from them, according to a consultant.
Paramount to acquire 2.62-acre freehold land in Putrajaya for RM40 mil, plans RM323 mil project
Paramount Corporation Bhd (KL:PARAMON) said it is acquiring a 2.62-acre parcel of freehold land in Putrajaya for RM40 million and plans to develop a residential project with an estimated gross development value (GDV) of RM323 million on the site.
Tien Wah, Singapore-listed Lum Chang JV to develop data centre in Section 13, Petaling Jaya
Tien Wah Press Holdings Bhd (KL:TIENWAH) said on Wednesday (Jan 7) that its joint venture with Singapore-listed Lum Chang Holdings Ltd is entering the data centre business to tap into growing demand for such infrastructure.
Axis REIT expands Johor footprint with RM34.6 mil industrial acquisition in Senai
Axis Real Estate Investment Trust (KL:AXREIT) said on Wednesday (Dec 31) it is acquiring an industrial property in Senai, Johor, for RM34.6 million.
Crescendo pays special six sen dividend despite 31% drop in 3Q profit
For the quarter ended Oct 31, 2025 (3QFY2026), the group's net profit fell to RM70.3 million or 8.35 sen per share, compared to RM101.3 million, or 12.08 sen per share, in the previous year.
Tanco teams up with China-backed construction firm to bid for warehouse and mega-storage contracts
Tanco Holdings Bhd (KL:TANCO) said it has entered into a joint-venture deal with a China-backed construction firm to jointly bid for logistics warehouse and mega-storage construction projects.
Kimlun bags RM618m worth of construction jobs in Johor
Kimlun Corp Bhd (KL:KIMLUN) said on Tuesday that its wholly-owned subsidiary, Kimlun Sdn Bhd, has accepted the award of three construction contracts in Johor with a combined value of RM617.73 million.
Citaglobal lands RM83m contracts for infrastructure projects in Johor and Labuan
The first contract was awarded by UDA Land (South) Sdn Bhd, a unit of UDA Holdings Bhd, for the main infrastructure works for the UDA Enclave Project in Bandar UDA Utama, Johor Bahru, valued at RM62.42 million.
