News by M

Pavilion Real Estate Investment Trust (KL:PAVREIT) saw its net property income (NPI) in the fourth quarter rise 11.1% from a year earlier, fuelled by rental income from its newly acquired hotels.

Econpile Holdings Bhd (KL:ECONPILE) has bagged a RM24 million sub-contract job for piling and sub-structure works from Al-Ambia Sdn Bhd.

Sunway Real Estate Investment Trust (KL:SUNREIT) posted a marginal 0.36% fall in net property income (NPI) to RM164.96 million for the fourth quarter compared with RM165.55 million a year earlier.

Rental scams in Malaysia are on the rise, but despite reports made, victims have shared that they see no tangible action to either recover their losses nor stem the criminal activities.

Axis REIT (KL:AXREIT) may consider an equity fundraising if its financial leverage rises to around 40%, as the real estate investment trust continues to add industrial assets.

Rising prices and limited income continue to put Malaysian homebuyers under pressure, particularly in urban areas.

SkyWorld Development Bhd (KL:SKYWLD) has launched its first sales gallery in Penang, marking its official entry into the northern region.

Three major digital initiatives were launched on Thursday to strengthen Putrajaya’s position as a smart and sustainable city, while advancing its digital transformation and community engagement agenda.

GuocoLand (Malaysia) Bhd (KL:GUOCO), the property arm of Hong Leong Group, said its net profit fell 9.48% to RM6.67 million in the second quarter ended Dec 31, 2025 (2QFY2026) from RM7.36 million a year earlier, despite revenue climbing to a more than three-year high. 

Foundation and geotechnical services provider Geohan Corp Bhd (KL:GEOHAN) said it has secured two piling contracts worth a combined RM32.2 million from subsidiaries of Sunway Bhd.