News by Edgeprop.my

AME Real Estate Investment Trust (AME REIT) posted higher net income for the first quarter ended June 30, 2026 (1QFY2027), driven by contributions from four properties acquired in the previous financial year and higher rental rates from tenancy renewals.

Kuala Lumpur's commercial property market remained resilient in the second quarter of 2026, with office and retail vacancies continuing to decline despite a surge in new industrial supply, as occupiers increasingly favoured higher-quality assets, according to JLL Malaysia.

Rehda Institute launched its latest housing research publication on Tuesday (July 28) as the Ministry of Housing and Local Government (KPKT) outlined plans for the proposed Malaysia–Cambridge Urban Platform (MCUP), a long-term collaboration with the University of Cambridge aimed at strengthening housing affordability, urban planning and sustainable development policies in Malaysia.

Advancecon Holdings Bhd's joint development agreement (JDA) with Perak Corp Bhd for the Silver Valley Technology Park Industrial Hub has become unconditional after the final outstanding condition precedent was waived.

AMMB Holdings Bhd said the Ministry of Economy (MOE) has no objection to the proposed RM331 million acquisition of Menara AmBank by its wholly owned subsidiary, AmBank (M) Bhd.

Mah Sing Group Bhd's wholly owned subsidiary Elite Park Development Sdn Bhd has been ordered to pay RM1.65 million in legal costs after the Kuala Lumpur High Court dismissed its claims against three defendants in a lawsuit dating back to 2019.

IJM Corp Bhd shareholders will vote on the renewal of the group's share buy-back mandate, the re-election of three directors and several resolutions relating to directors' remuneration at the company's 42nd annual general meeting (AGM) on Aug 27.

Compugates Holdings Bhd's long-running legal dispute with its joint venture (JV) partner over a proposed mixed-use development in Dengkil, Selangor, has moved further in favour of Main Uptown Sdn Bhd after the Court of Appeal dismissed an appeal by Compugates Development and Mining Sdn Bhd (CDMSB) while allowing Main Uptown's cross-appeal.

Berjaya Property Bhd has obtained Bursa Malaysia Securities Bhd's approval to list and quote 206.79 million new ordinary shares to be issued as consideration for its proposed subscription of a 29% stake in Manjaran Sdn Bhd.

Lagenda Properties Bhd has secured RM475 million through the inaugural issuance under its RM1.5 billion sukuk wakalah programme, marking the affordable township developer's first entry into Malaysia's Islamic debt capital market.