US seizes luxury apartment bought with 1MDB funds for Jho Low’s aide
US authorities have secured a court order to seize a luxury apartment in New York that was bought using funds allegedly misappropriated from 1Malaysia Development Bhd (1MDB).
Gold Li targets 10% revenue growth for 2026 on demand from Johor property market
Property developer Gold Li Holdings Bhd (KL:GOLDLI) said it is targeting revenue growth of about 10% for its financial year 2026, citing stable demand from its core markets in Muar, Tangkak and Batu Pahat in Johor.
Sentral REIT sees improving occupancy levels as it posts marginal gains for 1Q earnings
Sentral Real Estate Investment Trust (KL:SENTRAL) sees improving occupancy levels and steady leasing activity for 2026 as its Klang Valley office portfolio navigates a competitive tenant-driven market and mounting cost pressures.
Luxury property supports Malaysian developers still unscathed from Iran war fallout, says RHB
Malaysia’s developers, still unscathed from the Iran war fallout, are benefiting from strong demand for luxury and premium homes, RHB Research said.
KJTS to let JV take over KIP REIT malls contracts
KJTS Group Bhd (KL:KJTS) said on Friday that it has signed an agreement to let its joint venture take over a contract involving works for eight retail malls.
MGB wins RM35m contract to build residential villas in Saudi Arabia
Construction firm MGB Bhd (KL:MGB) has bagged a RM34.76 million contract to build residential units in Jeddah, Saudi Arabia.
Muhibbah Engineering bags RM120m job for Penang LRT project from Gamuda
Muhibbah Engineering (M) Bhd (KL:MUHIBAH) said it has secured a subcontract worth RM120 million from Gamuda Industrial Building System Sdn Bhd under the Penang LRT Mutiara Line project.
Axteria buys 80% stake in construction firm Niaga Sari for RM35m cash
Property outfit Axteria Group Bhd (KL:AXTERIA) said it has proposed to acquire an 80% stake in Niaga Sari Sdn Bhd (NSSB) for RM35 million in cash, as part of efforts to strengthen its construction capabilities and support its property development activities.
Mayu Global buys out Sunrise Manner stake after AMLA issue
Mayu Global Group Bhd (KL:MAYU) has acquired the remaining 20% stake in property arm Sunrise Manner Sdn Bhd (SMSB), making it a wholly-owned subsidiary.
Two directors at K Seng Seng Corp resign over personal commitments
The group announced that non-independent non-executive director Dr Lim Pang Kiam and executive director Lee Hai Peng tendered their resignations, effective immediately.
