News by M

YTL Power International Bhd's (KL:YTLPOWR) data centres are well on track, with the second phase of 8MW under Johor Data Centre 1 (JDC1) expected to come online by end-2024, according to MIDF Research.

Exsim Hospitality Bhd (KL:EXSIMHB), formerly known as Pan Malaysia Holdings Bhd, has secured a sub-contract worth RM20.98 million for renovation works on 62 office units located on Old Klang Road.

A Lotus’s hypermarket in IJM Rimbayu, a township development by IJM Land Bhd in Telok Panglima Garang near here, opened on Friday. The hypermarket, which features its own mall, will be the largest superstore within a 10km radius.

NCT Group of Companies signed a memorandum of understanding (MOU) with the Malaysia Enterprises Investment Association (MEIA) to attract investment from the Guangdong province of China to NCT Group’s NCT Smart Industrial Park (NSIP) in Sepang, Selangor.

Shares of Gamuda Bhd (KL:GAMUDA) notched a fresh all-time high on Friday, as analysts projected robust quarters ahead for the construction powerhouse, fuelled by contract wins and a strong project pipeline.

Mixed developments are complex entities with various components. As a property manager, it’s crucial to identify the specific type of mixed development and understand the shared unit percentage of each component.

Tropicana Aman, the holistic development by Tropicana Corp Bhd , has been named the Best Housing Masterplan in Malaysia at the FIABCI Malaysia Property Award 2024.

Uni Wall APS Holdings Bhd (KL:UNIWALL) on Thursday entered into two separate agreements with Menteri Besar Kedah Inc-owned investment company Permodalan Kedah Bhd (PKB) to develop three university projects with a combined gross development value (GDV) of RM2.30 billion.

Kerjaya Prospek Property Bhd (KL:KPPROP) said it will redeem the outstanding 1.72 billion redeemable convertible preference shares (RCPS) issued in 2019 by the investment vehicle of its controlling shareholder Datuk Tee Eng Seng for RM292.07 million on Jan 9.

Eco World Development Group Bhd’s (KL:ECOWLD) largest shareholder and deputy chairman Datuk Leong Kok Wah has been redesignated as a non-independent non-executive director, effective immediately.