NCT Alliance appoints Ong Chou Wen as its first CEO
Property developer NCT Alliance Bhd (KL:NCT) has appointed Ong Chou Wen as its first chief executive officer.
Citaglobal bags RM150m Navy housing contract in Sabah, order book now at RM1.44b
Citaglobal Bhd (KL:CITAGLB) has secured a RM150 million contract from Malaysia’s Public Works Department (JKR) to design and build military family housing at a key naval base in Sabah.
Malaysia stops giving preferential rate for REIT withholding tax
Malaysia has stopped giving preferential rates for the withholding tax on dividends from real estate investment trusts (REITs) or property trust funds (PTFs), a government notice showed.
East Coast Rail Link gets eight banks to manage renminbi loan exposure
Under the arrangement, the banks have been appointed as joint lead coordinators to oversee the currency risk management framework linked to the ECRL’s loan obligations.
Malaysia’s ECRL enters testing phase as 519km Kota Bharu-Gombak track completed
As of February 2026, the project has achieved about 93% overall completion.
Malaysia's REIT sector still offers defensive appeal backed by tourism push, policy support, says RHB Research
The optimistic outlook comes even as some observers caution that the tourism campaign may face headwinds from rising geopolitical tensions, particularly in the Middle East.
IJM’s plans to list toll assets offer alternative to Sunway takeover in unlocking value — analysts
IJM Corp Bhd's (KL:IJM) plans to list parts of its assets, including construction and toll road business, could provide shareholders with an alternative pathway to unlock value, analysts said, at a time when the group is weighing a takeover offer from rival Sunway Bhd (KL:SUNWAY).
Middle East tensions may delay Malaysia property projects, raise construction costs, says Rehda
Malaysia may see moderate property project delays and rising construction costs with protracted geopolitical tensions in the Middle East, developers cautioned.
High debt, low income deter two-thirds of Malaysians from owning properties — Rehda
The Real Estate and Housing Developers' Association (Rehda) said over two-thirds of prospective homebuyers in Malaysia fail to obtain financing for property purchases, mainly due to high debt obligations and inadequate income levels.
IGB secures govt approval for RM215m Johor Bahru land deal
IGB Bhd (KL:IGBB) said its proposed RM214.97 million acquisition of two leasehold land parcels in Johor Bahru, undertaken via a joint venture with a Johor state-owned company, has received approval from the Ministry of Economy.
