Setia Awan tops out Astrum Ampang, PR1MA block sold out
Setia Awan Group’s transit-oriented development, Astrum Ampang, marked a major construction milestone with the topping out of all six residential towers on Wednesday.
Malaysian REITs’ appeal to take a hit if withholding tax relief lapses—Maybank IB
Malaysia’s real estate investment trust (M-REIT) sector could lose its appeal if a long-standing withholding tax concession on REIT distributions expires on Dec 31, 2025, according to Maybank Investment Bank (Maybank IB).
IJM Land to bring Village Grocer to Seremban 2 in RM25m project
IJM Land Bhd will introduce premium grocer Village Grocer to Seremban 2 in the fourth quarter of 2027 under a RM25 million investment.
Hextar World opens with launch of High Street at Empire City
Hextar World at Empire City in Petaling Jaya began operations on Nov 29 with the unveiling of High Street, an enclosed lifestyle promenade, accompanied by cultural performances and public activities.
Felda says Terengganu’s 'vacate land within three days' order too stringent, asserts legal rights under federal laws
The Federal Land Development Authority (Felda) and its wholly owned unit, FGV Holdings Bhd, said they take a serious view of the warning notices issued by the Terengganu government over alleged unlawful occupation of plantation land in the state.
JLand Group launches Ibrahim Technopolis innovation sandbox
Johor Land Group Sdn Bhd (JLG), the property arm of Johor Corporation, launched a 7,290 acres technology park in Sedenak, Kulai, some 50km to the north of the city centre of Johor Baru and 70km from Singapore.
SD Guthrie boosts stake in Johor industrial park JV to 45%, becoming equal partner with EcoWorld
SD Guthrie Bhd (KL:SDG), the world’s largest palm oil producer by acreage, is increasing its stake in a planned integrated industrial park in Johor, becoming an equal partner with Eco World Development Group Bhd (KL:ECOWLD) after EcoWorld reduces its share.
Sunway unit to establish RM2 bil sukuk programme for working capital, expansion plans
Sunway Bhd (KL:SUNWAY) said its unit Sunway Cochrane Sdn Bhd has proposed to establish a sukuk wakalah programme of up to RM2 billion to support its working capital and expansion plans.
Asian Pac CEO resigns 'to pursue other opportunities'
Property developer Asian Pac Holdings Bhd (KL:ASIANPAC) said its chief executive officer Chai Yee Choong has resigned effective Monday (Dec 1) “to pursue other opportunities".
MRMA vice-chairman Derek Teh appointed Sunway REIT’s new CEO
Sunway Real Estate Investment Trust (KL:SUNREIT) has appointed Derek Teh Wan Wei as its new chief executive officer (CEO), effective Monday.
