Ireka ordered to pay RM6.53m plus costs to RHB Bank over subsidiary's payment default
On top of that, the court also ordered Ireka to pay incidental cost of RM7,500 and an allocator fee of RM300.
Builders, developers deep in red after months of data centre-driven frenzy
Bursa Malaysia Property Index, which tracks 97 stocks in the sector, settled down 9.74% to a nearly three-month low of 980.14 points, making it the biggest loser in the exchange on Monday.
Encorp hands over first phase of landed homes in Lamanda Chuping township in Perlis to homebuyers
Encorp, through its joint venture with the Felda, has handed over the first phase of the 46-acre Lamanda Chuping township in Perlis, comprising single-storey residential landed units, to homebuyers last Saturday (Aug 3).
Intraday short-selling of WCT suspended as shares hit one-month low
Shares of construction and property group WCT Holdings Bhd (KL:WCT) plunged to their lowest in one month, after the stock exchange suspended intraday short-selling activities of the stock on Monday morning.
Ecobuilt to be suspended from Aug 9 following High Court approval of winding-up petition
Trading of the shares in Ecobuilt Holdings Bhd (KL:ECOHLDS) will be suspended, after the High Court approved a winding-up petition against the company.
Paragon Globe sells more of Johor land it bought last year to data centre company for RM98.98m
Johor-based developer Paragon Globe Bhd (KL:PGLOBE) is selling more of a big plot of freehold land it had just bought in Plentong, Johor Bahru, to Bridge Data Centres Malaysia IV Sdn Bhd.
Binastra wins RM160m office construction job in Damansara Perdana
Binastra Corp Bhd (KL:BNASTRA) has bagged a RM160 million contract to demolish and build an office complex in Damansara Perdana from Dynamicz Sdn Bhd.
Mitrajaya bags RM37.91m construction job in KL
Mitrajaya Holdings Bhd (KL:MITRA) has clinched a contract worth RM37.91 million for the construction of a four-storey building with one level of sub-basement car park in Kuala Lumpur.
YTL Hospitality REIT’s 4Q NPI up 9.7%, declares 4.09 sen distribution
YTL Hospitality Real Estate Investment Trust (KL:YTLREIT) reported a 9.7% increase in net property income (NPI) for its fourth quarter ended June 30, 2024 (4QFY2024), rising to RM65.8 million from RM59.9 million a year earlier, driven by higher contributions from both the hotel and property rental segments.
Boustead Properties and Universiti Malaya's exhibition showcases innovative urban design concepts for reinvigorating Mutiara Damansara
Boustead Properties Bhd collaborated with Universiti Malaya (UM) for the "Re-emerging Mutiara Damansara Central Business District Exhibition" that was held from July 25 to 27 at The Curve shopping mall in Mutiara Damansara, Petaling Jaya.
