Malton inks MOU with US' Ricloud on proposed AI-compute-centre collaboration
Ricloud is described as an AI cloud infrastructure provider serving AI industry participants, hyperscalers, and government entities.
Nextgreen completes land disposals tied to JV proposals
The proposed land disposals were completed last Friday (June 19) after Neuwhite Sdn Bhd paid the balance 90% of the disposal considerations to Ultimate Ivory Sdn Bhd.
Ecobuilt seeks approval to diversify into property development, building materials trading
The new businesses are expected, once operational, to contribute 25% or more of the group’s net profit and/or result in a diversion of at least 25% of net assets.
Mulpha named in Australian class action over Mulgoa Rise project
The claim is brought by Raymond Joseph William King on his own behalf and on behalf of other current and former landowners in the Mulgoa Rise area.
Berjaya Corp exits Citaglobal stake for RM42.56m in RPT transaction
Following the disposal, Berjaya Securities ceased to be a shareholder of Citaglobal.
Titijaya to buy Bukit Raja land for RM47.4m
The land carries a strategic location within the Bukit Raja growth corridor, and a market value of mixed-use properties in the surrounding area.
BEDI proposes RM38.82m related-party buy of two Sabah land companies
Both figures are subject to adjustment in accordance with the terms of the respective agreements.
Propel Global marks first commercial project with RM64m Riverpoint in Kuantan
Developed by wholly-owned subsidiary Propel Global Development Sdn Bhd, Riverpoint comprises 31 three-storey freehold shoplots with built-up areas starting from about 4,202 sq ft.
KPKT channelled RM1.08 bil to Johor for infrastructure, housing upgrades since 2022
The Housing and Local Government Ministry (KPKT) has channelled RM1.08 billion to Johor over the past four years since 2022 for upgrading, repair and maintenance works on infrastructure, public amenities and public housing.
Sime Darby Property's New Economy Venture fund secures RM2.6 bil sukuk programme in world-first data centre financing structure
Sime Darby Property Bhd's New Economy Venture (NEV) fund has established a Sukuk Wakalah Programme of up to RM2.6 billion in nominal value, the developer stated in a media release today, creating what it describes as the world's first Sukuk financing structure designed to fund data centre infrastructure.
