Sunway signs master agreement for RM2.6b transit-oriented project in Johor, shares rise
Sunway Bhd (KL:SUNWAY) said on Thursday it has signed a master agreement for a mixed-use development worth more than RM2.6 billion in Johor.
Pavilion REIT's 4Q net property income edges higher on stronger rental contributions from Pavilion Bukit Jalil
Pavilion Real Estate Investment Trust (Pavilion REIT) (KL:PAVREIT) reported a marginal increase of 0.2% in net property income (NPI) to RM134.86 million for the fourth quarter ended Dec 31, 2024 (4QFY2024), compared with RM134.64 million in the previous corresponding quarter.
Data centre jobs remain intact despite US export rules — IJM Corp
Data centre jobs in Malaysia appear intact despite the US’ attempt to curb exports of advanced chips thanks to strong demand for digital infrastructure, said IJM Corporation Bhd (KL:IJM).
MPI to see net gain of RM99.2m from Penang land sale
Malaysian Pacific Industries Bhd (KL:MPI) is disposing of two parcels of land in Bayan Lepas, Penang for a total cash consideration of RM140 million.
Matrix Concepts sells Seremban land for RM91m in related-party deal
Seremban-based property developer Matrix Concepts Holdings Bhd (KL:MATRIX) is divesting 38.65 acres of land in the town for RM90.91 million in a related-party transaction.
Knight Frank: Asia-Pacific prime office set to grow 7% in 2025
Prime Grade A office space in Asia-Pacific is set to increase by 7% in 2025, up from 4% in 2024, with over 40% of new supply concentrated in mainland China, according to the Knight Frank’s Asia-Pacific 4Q2024 Office Highlights report.
Binastra bags RM250m job to build data centre in Cyberjaya
Construction outfit Binastra Corp Bhd (KL:BNASTRA) has bagged a RM250.37 million contract to build a six-storey data centre in Cyberjaya, Selangor for AIMS Group, which is owned by New York-listed DigitalBridge Group Inc.
IJM to invest RM460m in new logistics hub in City of Elmina, eyes boost in recurring income
IJM Corp Bhd (KL:IJM), through its joint-venture (JV) company Exio Logistics Sdn Bhd, will invest RM460 million in a new logistics hub in Sungai Buloh to support Malaysia’s supply chain and e-commerce.
Malaysian businessmen Teen Boon Lye dodges jail in Australia for Mara deal — report
Malaysian businessmen Dennis Teen avoided jail time in Australia after he was found guilty for a A$3.4 million (RM9.6 million) “kickback” as part of a property sale to Mara Inc, according to news.com.au.
SCIB files writs of summons against developer Awana JV Suria Saga after project in Perak falls through
As part of the lawsuit, SCIB is seeking several court declarations to safeguard its financial interests and legal standing.
