News by Jazlin Zakri

Kan said the majority of Adnex’s materials and supplies are sourced domestically and from China.

Widad Group Bhd (KL:WIDAD) said the group is appealing against the High Court’s dismissal of its application to set aside an adjudication decision relating to payments claims linked to the Langkasuka development in Langkawi.

Wawasan Dengkil Holdings Bhd (KL:DENGKIL) announced that it secured a RM24.8 million subcontract for external works at a hyperscale data centre project in Puncak Alam, Selangor.

Property developer JRK Holdings Bhd is seeking a listing on the ACE Market to raise funds for working capital and future expansion.

Telekom Malaysia Bhd (KL:TM) said its joint venture with Nxera has secured a multi-year electricity supply for a planned data centre campus in Iskandar Puteri, Johor.

The industrial property sector is expected to be the key driver of Malaysia’s real estate market in 2026, according to real estate agency CBRE | WTW.

Older office buildings in the Klang Valley are increasingly facing refurbishment or repurposing as overall office market conditions remain weak heading into 2026.

Ireka is required to pay UEM Land about RM3.04 million before taxes.

Sapura Industrial Bhd (KL:SAPIND) announced it is selling its 35,332-square-metre freehold land in Seremban, Negeri Sembilan for RM24.72 million cash to fund general working capital needs.

The properties comprise five single-storey detached factories with two-storey office components, occupying about 17 acres of land and with a total built-up area of about 524,077 square feet within AME Elite’s i-TechValley industrial park in Iskandar Puteri.