Naim Holdings’ unit to dispose of Samarahan land for RM223.38m
Property developer Naim Holdings Bhd (KL:NAIM) is disposing of a parcel of land in Samarahan, Sarawak to Onlyee Flora Sdn Bhd for RM223.38 million.
Malton buying land in Genting Highlands to build apartments, luxury villas
Malton Bhd (KL:MALTON) said it is acquiring 30.17 acres of freehold land in Genting Highlands from fellow property developer Global Oriental Bhd (KL:GOB) to build serviced apartments and luxury villas.
Southern Score secures RM315m contract for residential apartment blocks
The contract was awarded by Smart Advance Resources Sdn Bhd to the group's wholly owned subsidiary, Southern Score Sdn Bhd.
IJM secures RM331.7 mil contract to build data centre for TM's unit in Iskandar Puteri
IJM Corp Bhd (KL:IJM) has secured a contract to design and build a data centre for a subsidiary of Telekom Malaysia Bhd (KL:TM) in Iskandar Puteri, Johor, for RM331.7 million.
IOI Properties receives proposal from CEO to jointly develop Shenton House in Singapore
IOI Properties Group Bhd (KL:IOIPG) has received a proposal from its group chief executive officer cum major shareholder Lee Yeow Seng to participate in the development of Shenton House, a commercial property located in Singapore that his private vehicle has successfully tendered for, for S$538 million (RM1.9 billion).
Ekovest sees positive full-year financial results after 3Q net loss narrows
Ekovest Bhd (KL:EKOVEST) reported on Friday a smaller loss in its latest quarterly results compared with a year earlier despite still grappling with high finance costs.
Analysts see Gamuda clinching more hyperscale data centre projects
Analysts foresee Gamuda Bhd (KL:GAMUDA) to bag more project portfolios in the data centre (DC) sector, after the engineering and construction company recently secured contracts for the construction of a hyperscale DC in Elmina Business Park, with a combined value of RM1.7 billion.
Sime Darby Property surges to fresh six-year high on data centre venture
Shares of Sime Darby Property Bhd (KL:SIMEPROP) surged to a fresh six-year high on news of the developer’s entry into the data centre space while analysts scrambled to raise their target prices.
Sime Darby Property confident of defending profit margin
Amid challenges posed by rising construction material costs and potential fuel subsidy rationalisation, Sime Darby Property Bhd (KL:SIMEPROP) said it is confident of continuing to defend its profit margin via a strategic product mix.
KLK, Batu Kawan post lower 2Q earnings despite improved performance by plantation segment
KLK’s net profit fell 38.65% to RM117.07 million or 10.8 sen per share, from RM190.81 million or 17.70 sen per share a year earlier.
