IOI Properties Group Bhd (IOIPG) has secured conditional Securities Commission Malaysia (SC) approval for its proposed real estate investment trust (REIT) manager’s fund-management application.
UEM Sunrise Bhd’s net profit attributable to shareholders more than doubled to RM46.85 million for the second quarter ended June 30, 2026 (2QFY2026), from RM22.41 million a year earlier, as revenue increased on higher property development contributions.
S P Setia Bhd posted a net profit attributable to shareholders of RM98.06 million for the second quarter ended June 30, 2026 (2QFY2026), broadly stable against RM99.80 million a year earlier, despite lower revenue.
Sime Darby Property Bhd has signed a sale and purchase agreement (SPA) with Permodalan Nasional Bhd (PNB) to acquire Wisma Unirazak along Jalan Tun Razak, Kuala Lumpur, for RM160 million.
Chin Hin Group Property Bhd (CHGP) is partnering with UCSI Group to develop and operate an integrated education hub in Melaka, with CHGP taking a 30% strategic equity stake in the joint venture (JV).
Eco Grandeur has signed a letter of intent (LOI) with Universiti Teknologi MARA (UiTM) Selangor to establish an urban community living lab in Puncak Alam, Selangor, offering programmes in health, education, entrepreneurship and community development.
Lagenda Properties Bhd’s net profit rose 25% to RM56.57 million for the second quarter ended June 30, 2026 (2QFY2026), from RM45.24 million a year earlier, as revenue increased on stronger performance from its property development business.
Located along Jalan Bukit Bintang in KL city centre, the hotel first opened in August 1957, shortly before Merdeka, and is described by its operator as Malaysia’s first international-class hotel.
AmFIRST REIT said quarterly revenue was broadly flat at RM27.55 million, down 0.8% from RM27.76 million a year earlier, while earnings per unit rose to 0.96 sen from 0.48 sen.
The property comprises an approximately two-acre industrial site and a semidee factory with a built-up area of 59,828 sq ft.
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