News by edgeprop.my

CapitaLand Malaysia Trust (CLMT) has fixed the issue price for new units to be issued under its distribution reinvestment plan (DRP) at 53.87 sen per unit after Bursa Malaysia Securities Bhd approved the listing and quotation of up to 170 million new CLMT units to be issued pursuant to the exercise.

Genting Plantations Bhd's wholly owned property arm has completed the inaugural RM200 million issuance under its RM2 billion Sukuk Murabahah Programme, with proceeds to be used mainly to finance and/or reimburse the group's property development costs.

WCT Holdings Bhd will acquire the remaining 30% equity interest in Jelas Puri Sdn Bhd (JPSB) from the Employees Provident Fund (EPF) for RM140 million, resulting in full ownership of the company that developed the integrated Paradigm Petaling Jaya project.

Eastern & Oriental Bhd (E&O) and Majestic Gen Sdn Bhd have proposed to acquire a freehold Jalan Kia Peng site in Kuala Lumpur for RM189.9 million, further expanding E&O's premium residential development landbank in the capital.

ARK Resources Holdings Bhd has called an extraordinary general meeting (EGM) on Sept 30, 2026, for shareholders to vote on its proposed RM28 million acquisition of three adjoining parcels of vacant industrial land in Penang.

Ralis Group Sdn Bhd marked the handover of completed homes at Araca @ Taman Bunga Raya Phase 1 on July 18, signalling the completion of the project's first phase and the beginning of the developer's next stage of growth.

AME Elite Consortium Bhd has signed a memorandum of understanding (MoU) with Taiwan-listed FIC Global Inc (FICG) to support the latter's manufacturing expansion in Johor under its Johor-Singapore Special Economic Zone (JS-SEZ) strategy.

UEM Sunrise Bhd has refreshed its corporate brand as it sharpens its strategic focus and execution, signalling its commitment to long-term value creation through a more focused business model.

Paragon Globe Bhd (PGB) is positioning itself to capitalise on Johor's next phase of growth, underpinned by the Johor-Singapore Special Economic Zone (JS-SEZ), the Johor Bahru-Singapore Rapid Transit System (RTS) Link, expanding industrial activity and rising demand for digital infrastructure and data centres, as it broadens its business beyond property development into a stronger recurring-income platform.

Axis Real Estate Investment Trust (Axis REIT) is expanding its industrial portfolio with a RM113 million acquisition in Kedah, the latest in a series of acquisitions and development projects that strengthen its presence across Malaysia's manufacturing and logistics corridors.