News by M

Semantan Estate (1952) Sdn Bhd has filed a further discovery application to obtain pre-Merdeka land records and zoning documents for its upcoming compensation assessment proceedings.

IJM Corporation Bhd (KL:IJM) said a takeover bid now on the table reflects the low point in its earnings cycle as the company urged shareholders to reject the offer.

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).

Eco World Development Group Bhd (EcoWorld) has partnered JLand Group, the real estate arm of Johor Corp, to jointly develop three projects in Johor and Sydney, Australia, spanning residential, mixed-use and industrial segments.

Sunway Real Estate Investment Trust (KL:SUNREIT) is establishing a sustainability-linked commercial papers (SLCPs) programme of up to RM3 billion in nominal value.

Chin Hin Group Property Bhd (CHGP) announced on March 13 a strategic expansion of its development portfolio with the acquisition of an industrial property in Kota Damansara, Selangor, for RM66 million.

The Selangor state government is making efforts to complete the Pulau Carey Port Development Master Plan, following the Cabinet's decision to approve the development of a third port in the state on Wednesday.

Plastic packaging company and property developer Scientex Bhd (KL:SCIENTX) saw its earnings grow by 9.1% in the recently-ended quarter from a year earlier thanks to improvement in both its property and packaging businesses.

Despite witnessing a strong rebound over the past two years, the Malaysian property market continues to vie for firmer footing in a partially-rejuvenated, but still-cautious landscape.

SJK (C) Cheah Fah has broken ground on the second phase of its expansion, marking another milestone in Johor’s fast-growing southern corridor and underscoring Sunway Property’s long-term commitment to education infrastructure.