News by M

AME Real Estate Investment Trust (KL:AMEREIT) reported on Wednesday a 23% year-on-year increase in net property income (NPI) for the latest quarter, thanks to higher rental income from newly acquired properties and positive rental reversions.

Melaka is set to receive an investment of more than RM9 billion to develop the state’s first artificial intelligence (AI)-based data centre.

Malaysia has gained an additional 780 hectares following the re-measurement and re-demarcation of the outstanding boundary problem (OBP) areas at Sungai Sinapad and Sungai Sesai along the Malaysia-Indonesia border, said Prime Minister Datuk Seri Anwar Ibrahim.

The future of design will be done entirely on virtual twins as the products will be software-defined, said Nvidia co-founder and chief executive officer Jensen Huang.

Binastra Corp Bhd (KL:BNASTRA) has secured a RM503 million contract for the proposed development of a data centre in Jalan Sri Permaisuri, Kuala Lumpur.

Permodalan Nasional Bhd (PNB), one of the substantial shareholders of IJM Corporation Bhd (KL:IJM), will evaluate the takeover offer for the construction company before making any decision, Deputy Prime Minister Datuk Seri Fadillah Yusof said on Wednesday.

A total of 744 Malaysia My Second Home (MM2H) participants have purchased homes in the country under the programme as of Dec 31, 2025, said Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing.

IOI Properties Group Bhd inked an agreement to sell three plots of land at its IOI Industrial Park @ Banting for RM740.68 million recently.

Mah Sing Group has been appointed as the financier to support the revival and completion of two Rumah Mutiaraku (RMKU) affordable housing projects in Balik Pulai, Penang, namely Pangsapuri Sri Bayu and RMKU Pangsapuri Quinton.

Lagenda Properties Bhd (KL:LAGENDA) is about to see an acceleration in earnings over the next two years from robust demand for affordable homes, said CGS International.