Star Media Group Bhd (KL:STAR) slipped into the red with a net loss of RM231,000 for the second quarter ended June 30, 2025 (2QFY2025), against a net profit of RM7.49 million a year earlier.
Astaka Holdings Ltd on Tuesday unveiled Phase 3B of its RM3.6 billion gross development value (GDV) integrated project—One Bukit Senyum in Johor Bahru. The new phase consists of a mixed-use development with a GDV of RM1.2 billion.
Government’s upcoming technical study on extending the East Coast Rail Link (ECRL) to the Malaysia–Thailand border will look into addressing some challenges, including track gauge differences and flood risks, said Transport Minister Anthony Loke Siew Fook.
Singapore’s plans to expand Woodlands have further reinforced the growth story of the Johor-Singapore Special Economic Zone (JS-SEZ), and the local developers, industrial, as well as retail players already in the area, said Hong Leong Investment Bank (HLIB).
Transport Minister Anthony Loke on Monday announced a budget ceiling of RM16 billion to RM17 billion for the Penang Light Rail Transit (LRT) project.
Maxim Global Bhd (KL:MAXIM) has secured RM126 million in banking facilities from Alliance Bank Malaysia Bhd (KL:ABMB) to fund a property development project in Kuala Lumpur.
LBS Bina Group Bhd (KL:LBS) and KLM Land Sdn Bhd jointly launched Phase 3 of Alam Perdana Industrial Park located at Puncak Alam, Selangor on Aug 16.
Malaysia's real estate market is expected to see reduced absorption rates across all commercial property segments with downward pressure on rental growth, following the introduction of the expanded sales and service tax (SST) framework, according to JLL Malaysia.
Asian Pac Holdings Bhd (KL:ASIAPAC) is acquiring a property development firm from Salcon Bhd (KL:SALCON) for RM42 million in cash, in a move to strengthen its presence in the Klang Valley.
The proposed sale of Wisma Sentral Inai will immediately improve Sentral REIT’s (KL:SENTRAL) portfolio and boost its balance sheet for future acquisitions, analysts said.
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