News by edgeprop.my

GuocoLand (Malaysia) Bhd (GLM) will be removed from the Official List of Bursa Malaysia Securities Bhd at 9am on Tuesday, Aug 18, following the completion of its privatisation exercise.

PTT Synergy Group Bhd has entered into five sale and purchase agreements (SPAs) to develop and sell five industrial warehouses in Pontian, Johor, to Koperasi Kakitangan Bank Rakyat Bhd (Sekatarakyat) for RM260 million.

DPS Resources Bhd’s wholly owned subsidiary Shantawood Sdn Bhd (SSB) has signed a non-binding memorandum of understanding (MoU) with BBSB Holdings Sdn Bhd for the proposed phased lease and development of up to 89 megawatts (MW) of data centre capacity in Melaka.

Selangor Dredging Bhd (SDB) has secured an interest-free one-year extension to complete its RM63 million acquisition of commercial land in Subang, Selangor.

Binasat Communications Bhd has mutually terminated its proposed acquisition of properties in Empire City, Damansara, under an agreement requiring the vendor to refund RM32.19 million.

Farlim Group (Malaysia) Bhd is seeking shareholders’ approval to redirect RM20.92 million of unutilised proceeds from its Gopeng land disposal towards property development projects and working capital.

Kerjaya Prospek Group Bhd has secured a RM223 million contract from Sunway Majestic Sdn Bhd for main building works at a 1,012-unit small office/home office (SOHO) development in Johor Bahru.

Sunway Real Estate Investment Trust (Sunway REIT) posted a 10.3% year-on-year increase in realised profit attributable to unitholders to RM106.5 million for the second quarter ended June 30, 2026 (2Q), supported by stronger retail performance.

Sime Darby Property Bhd has marked the topping-off of Kanopi Residences, its first high-rise residential development in Elmina City Centre.