Axis REIT to establish RM3 bil sukuk programme
Axis Real Estate Investment Trust (KL:AXREIT) has proposed the establishment of a sukuk programme of up to RM3 billion in nominal value.
Bina Puri hit with winding-up petition over RM309,129 debt
Bina Puri Holdings Bhd (KL:BPURI) said its wholly owned subsidiary has been served with a winding-up petition by Fujifilm Business Innovation Asia Pacific Pte Ltd, formerly Fuji Xerox Asia Pacific Pte Ltd, over an alleged outstanding debt of RM309,129.
Residensi 22, Mont’Kiara condo unit sold for RM2.1m | DONE DEAL
Noteworthy:
- Freehold
- Built-up size: 2,020 sq ft
- Floor level: Low
- 3 bedrooms, 4 bathrooms
- Fully-furnished
- Nearby amenities: Sunway 163 Mall, Mont’Kiara International School, Mont’Kiara Water Buffalo Lake, Damansara Specialist Hospital 2
- Accessibility: SPRINT-Damansara and Penchala links, North-South Expressway,New Klang Valley Expressway, Jalan Dutamas
When: January 2025
Maybank becomes local banking partner of Motac’s Malaysia My Second Home initiative
Malayan Banking Bhd (Maybank) has collaborated with the Ministry of Tourism, Arts and Culture (Motac) as a banking partner for the Malaysia My Second Home (MM2H) programme.
Eversendai bags RM1.3b global projects, including German offshore wind job
Eversendai Corp Bhd (KL:SENDAI) has won RM1.3 billion in new contracts for projects in the United Arab Emirates, India and Singapore, including a major renewable energy infrastructure job in Germany through a subcontract.
Astaka and Kimlun break ground on RM800m Arden tower in Johor-Singapore SEZ
Astaka Holdings Ltd, along with its joint-venture partner Kimlun Corp Bhd (KL:KIMLUN), has commenced construction of Arden, a 68-storey serviced residence with a gross development value of RM800 million.
Smart construction key to cutting emissions, says Works Ministry
The construction sector produces approximately 38% of global carbon emissions and 24% in Malaysia, making it a critical focus for climate action in the push toward national carbon neutrality by 2050, says the Works Minister Datuk Seri Alexander Nanta Linggi.
China’s Haitian Group breaks ground on RM3 bil manufacturing hub at Eco Business Park II, Iskandar Malaysia
Haitian Group, a leading industrial equipment manufacturer from China broke ground today on Phase 1 of their regional manufacturing facilities situated at Eco Business Park II (EBP II), Iskandar Malaysia.
Exsim Hospitality returns to black on new segment contribution
Exsim Hospitality Bhd (KL:EXSIMHB), formerly known as Pan Malaysia Holdings Bhd, has returned to the black in its third quarter, thanks to a new segment’s contribution.
TCS Group wins RM217m contract to build apartments in Subang Jaya
TCS Group Holdings Bhd (KL:TCS) said it has secured a RM216.9 million contract to undertake the construction of two 48-storey serviced apartment blocks in Subang Jaya.
