News by EdgeProp

Ge-Shen Corp Bhd has provided additional information on its proposed disposal of five freehold land parcels in Mukim Tebrau, Johor Bahru, including the rationale for a 7.26% discount to market value and an estimated pro forma gain of RM12.63 million.

Hartanah Kenyalang Bhd has accepted a letter of award dated July 9, 2026 from the Public Works Department Sarawak for the construction of Wisma JKR Sarawak in Kuching, Sarawak, with a contract value of RM283.9 million.

KTI Landmark Bhd’s wholly-owned subsidiary K.T.I. Sdn Bhd (KTISB) has entered into a memorandum of understanding (MoU) with Sabah Rubber Industry Board (SRIB) to explore the proposed development of about 500 acres of land in Tuaran, Sabah, into a residential and/or industrial estate.

PTT Synergy Group Bhd has proposed the disposal of a freehold industrial property in Bandar Bukit Raja, Klang, by its indirect wholly-owned subsidiary PTT Assets Sdn Bhd (PTTA) for a total cash consideration of RM17 million.

Signature International Bhd has launched HomeFest 2026, unveiling what it describes as an expanded home living ecosystem that brings together built-in cabinetry, renovation services, smart home solutions, wall panelling, furnishings and interior finishes under a single platform.

Consistently ranked by the United Nations among the world’s top three nations for advancing sustainable goals, Denmark is the natural ally that Malaysia is turning to as the latter reaches for sustainability aspirations of its own.

Mah Sing Group Bhd has officially launched M Amaya, its latest M Series development in Batu Maung, Penang, with Phase 1A recording a 92% take-up rate.

KIP Real Estate Investment Trust (KIP REIT) has issued a circular to unitholders seeking approval for its proposed RM435 million acquisition of Setapak Central Mall in Kuala Lumpur and a concurrent private placement of up to 220 million new units, ahead of a July 23 unitholders’ meeting.

Hektar Real Estate Investment Trust (Hektar REIT) has completed the acquisition and lease of a leasehold industrial property in Penang following fulfilment of the conditions precedent and satisfaction of the purchase consideration, according to a Bursa Malaysia filing.

Sapura Industrial Bhd (SIB) has signed a sale and purchase agreement (SPA) to dispose of a piece of vacant industrial land in Melaka for RM10.48 million cash, with the proposed disposal providing an opportunity for the group to realise the capital appreciation of the property, according to its filing with Bursa Malaysia.