Axis REIT to declare additional 0.44 sen distribution after RM24.2m warehouse sale
Axis Real Estate Investment Trust (KL:AXREIT) is selling a warehouse property in Petaling Jaya, called The Annex, for RM24.2 million.
Second phase of Cyberjaya and Iskandar Puteri data centres to achieve commercial ops in 3Q — TM
Telekom Malaysia Bhd (KL:TM) expects the second phase of its data centres in Cyberjaya and Iskandar Puteri, Johor, to achieve commercial operation in the third quarter of 2025 (3Q2025).
Perak Corp plans share capital reduction, RM90 mil land sales, preference shares issuance to regularise financial condition
Practice Note 17 (PN17) company Perak Corp Bhd (KL:PRKCORP) has proposed a regularisation plan that consists of a capital reduction, joint development project, RM89.6 million in land sales, RM40.38 million entitlement from a joint development, and preference share issuance to settle debt owed to creditors.
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EcoWorld takes full control of Puncak Alam-based developer after buying out EPF's 40% stake
Eco World Development Group Bhd (EcoWorld Malaysia) (KL:ECOWLD) has taken full control of a firm developing properties in Puncak Alam by acquiring the Employees Provident Fund's (EPF) 40% stake in the firm.
YNH says RM138m sale of AEON Mall Seri Manjung is subject to shareholders’ approval
YNH Property Bhd (KL:YNHPROP) has clarified that its sale of AEON Mall Seri Manjung in Perak to Sunway Real Estate Investment Trust (KL:SUNREIT) for RM138 million is subject to shareholders’ approval in an extraordinary general meeting (EGM) to be fixed later.
Perak Corp partners private firm for mixed development project
Perak Corp Bhd (KL:PRKCORP) has proposed to undertake a mixed development project on 54.8 acres of land owned by the company in Hulu Kinta, Perak.
Teladan Setia bins Melaka land purchase for wellness centre and apartments project
Teladan Setia Group Bhd (KL:TELADAN) has cancelled its plan to purchase a piece of land in Melaka Tengah for RM48.54 million for a health and wellness centre and serviced apartments project.
YTL Corp’s SGX-listed unit NSL gets four-month extension to address public shareholding spread
YTL Corp Bhd (KL:YTL) said its Singapore-listed industrialised building systems (IBS) unit NSL Ltd has received a four-month extension until June 6 to adhere to the Singapore Exchange's (SGX) 10% public shareholding requirement.
KLCCP Stapled Group’s 4Q net profit up 12%, delivers record dividend payout
KLCCP Stapled Group (KL:KLCC) posted a 12% rise in net profit for the fourth quarter, driven by full ownership of Suria KLCC Mall and higher fair value gains.
Bina Puri to appeal summary judgment in RM28.2 mil suit from Wisma Majujaya
Bina Puri Holdings Bhd (KL:BPURI) said the company is appealing against the summary judgment obtained by Wisma Majujaya Sdn Bhd in the RM28.17 million suit filed against it, its wholly owned unit Bina Puri Properties Sdn Bhd, and deputy executive chairman Tan Sri Tee Hock Seng.
