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SCIB enters into MOU to develop residential project in Bintulu

13 December, 2023

Sarawak Consolidated Industries Bhd (SCIB) has entered into a memorandum of understanding (MOU) for a potential joint venture residential development project in Bintulu, Sarawak, with a projected gross development value of RM250 million.

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news

CapitaLand Malaysia Trust converts RM693 mil loan from CIMB into a sustainability-linked loan for funding of Penang mall buy

13 December, 2023

CapitaLand Malaysia Trust Bhd (CLMT) said it has converted its loan facility of RM693 million from CIMB Bank Bhd into a sustainability-linked loan facility for the funding of the acquisition of Queensbay Mall in Penang.

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news

Axis-REIT to acquire shopping mall in Temerloh for RM25.75 mil

11 December, 2023

Axis Real Estate Investment Trust (Axis-REIT) has proposed to acquire a two-storey shopping mall in Temerloh, Pahang, for RM25.75 million cash.

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news

Vizione secures RM490 mil contract to design, develop apartments in Sabah

08 December, 2023

Vizione Holdings Bhd has secured a RM490 million contract as a turnkey contractor to build three blocks of apartments in the Kota Kinabalu district in Sabah.

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IOI Properties to buy W Kuala Lumpur hotel from Tropicana for RM270 mil cash

07 December, 2023

Property developer IOI Properties Group Bhd plans to acquire five-star hotel W Kuala Lumpur (W KL) in Jalan Ampang, KL for RM270 million, cash, from property group Tropicana Corp Bhd.

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Advancecon clinches RM35.6 mil earthworks job from Sime Darby Property

06 December, 2023

Advancecon Holdings Bhd has secured another earthworks contract from Sime Darby Property Bhd for the Bandar Bukit Raja project in Klang. The latest contract is valued at RM35.58 million.

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news

Pavilion REIT cancels MOUs to power Pavilion KL, Intermark and Pavilion Bukit Jalil with renewable energy

02 December, 2023

Pavilion Real Estate Investment Trust (Pavilion REIT) has terminated two memoranda of understanding (MOUs) it inked for the purchase of renewable energy (RE) from a solar power plant in Pasir Mas, Kelantan, under the Corporate Green Power Programme (CGPP) to power its malls.

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news

DutaLand appoints ex-chief justice Tun Arifin Zakaria as new chairman

02 December, 2023

DutaLand Bhd has appointed the 13th chief justice of Malaysia, Tun Ariffin Zakaria as its new chairman, effective immediately.

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news

Apex Healthcare to acquire industrial land in Melaka for RM66.5 mil

01 December, 2023

Apex Healthcare Bhd has proposed to acquire industrial land in Melaka for RM66.5 million, its Bursa Malaysia filing showed on Friday.

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news

Shangri-La Hotels' 3Q net profit surges 158% on-year on improved leisure demand

21 November, 2023

As a result, earnings per share for 3QFY2023 came in higher at 3.55 sen compared with 1.38 sen for 3QFY2022.

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