Malaysia logs 78% home ownership in 2024, near-universal access to electricity and water—DOSM
Malaysia’s home ownership is on the climb, with the figure seeing a moderate pick up last year compared to two years ago.
Chin Hin Group Property buys 26-acre land in Seri Kembangan for housing project
Chin Hin Group Property Bhd (KL:CHGP) said it is buying 25.9 acres of land just outside Kuala Lumpur for RM91 million in cash to develop a housing project with an estimated gross development value (GDV) of RM560 million.
IGB buys former Movie Animation Parks Studios site in Perak for RM43.65m
IGB Bhd (KL:IGBB) is acquiring the site of Perak’s shuttered theme park, Movie Animation Parks Studios (MAPS), for RM43.65 million to replenish its land bank.
MAHB MD says open to MACC probe on RM456 mil aerotrain upgrade, no request yet
Malaysia Airports Holdings Bhd (MAHB) is willing to cooperate with the Malaysian Anti-Corruption Commission (MACC) if it investigates the RM456 million aerotrain upgrade, but the airport operator has not received any request yet, said managing director Datuk Mohd Izani Ghani.
MAHB: Aerotrain disruptions due to ‘standard failures’ resolved, offline period to ensure no future issues
Malaysia Airports Holdings Bhd (MAHB) on Friday said ‘standard failures’ which caused the Kuala Lumpur International Airport (KLIA) aerotrain service disruptions have been resolved.
Bedi to sell hypermarket property in Sandakan to lessee Mydin for RM85m
Property developer Bedi Bhd (KL:BEDI), formerly known as WMG Holdings Bhd, entered into a deal on Thursday to sell a hypermarket property in Sandakan, Sabah to retailer and wholesaler Mydin for RM85 million. Mydin is the property’s current lessee.
Vestland largest shareholders’ obligatory takeover offer ends with 0.01% acceptance
The mandatory general offer (MGO) from Vestland Bhd’s (KL:VLB) largest shareholders, at a discount to its market price, has come to a close with a sliver of acceptances.
Amanahraya REIT to establish RM2b medium-term note programme
Amanahraya Real Estate Investment Trust (KL:ARREIT) plans to establish a RM2 billion medium-term note programme to raise capital for refinancing and funds for working capital and capital expenditure.
Magna Prima’s largest shareholders end takeover offer with 54.96% stake
Magna Prima Bhd (KL:MAGNA) announced that its largest shareholders—Datuk Seri Wong Sze Chien and managing director Seah Ley Hong—closed their mandatory takeover offer with a 54.96% stake in the company.
NCT Group sets up maiden RM1b sukuk programme, Maybank subscribes to RM390m first tranche
NCT Group of Companies said it launched its maiden RM1 billion sukuk wakalah programme on Thursday.
