News by theedgemalaysia.com

UOA Real Estate Investment Trust (KL:UOAREIT) posted a marginal 0.2% decline in net profit to RM10.45 million for the third quarter ended Sept 30, 2025 (3QFY2025), compared with RM10.48 million a year earlier, despite an 8.3% rise in gross rental income.

The Transport Ministry said it has commenced a feasibility study on the proposed Trans Borneo Railway project to assess the potential development of a rail network across Sabah and Sarawak.

IGB Bhd (KL:IGBB) is acquiring the site of Perak’s shuttered theme park, Movie Animation Parks Studios (MAPS), for RM43.65 million to replenish its land bank.

Malaysia Rail Link (MRL) has halted East Coast Rail Link (ECRL) works near the Gombak Toll Plaza after a temporary steel canopy collapsed and hit a passing car on the Batu Caves–bound stretch of Jalan Lingkaran Tengah 2 (MRR2) on Tuesday.

NCT Group of Companies, through its subsidiary NCT Land Sdn Bhd, has signed a memorandum of understanding (MOU) with Speedex Express Logistics (M) Sdn Bhd to provide integrated logistics solutions at the NCT Smart Industrial Park.

Malaysia's growing investment in hyperscale and artificial intelligence (AI)-ready data centres will lower the barriers for small and medium enterprises (SMEs) to adopt Industry 4.0 technologies, said Malaysian Investment Development Authority (Mida) chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.

The High Court on Monday (Nov 17) instructed the government and Semantan Estate (1952) Sdn Bhd to update the court on how the assessment for the payment of compensation/damages will take place following the illegal acquisition of the "Duta enclave" land in 1956.

OSK Property, the property arm of the OSK Holdings Bhd (KL:OSK), has unveiled Bayu68, the first commercial development within its 1,717-acre township OSK Iringan Bayu in Seremban.

Ahmad Zaki Sdn Bhd (AZSB), a wholly-owned subsidiary of AZRB Bhd (KL:AZRB), has received two winding-up petitions over alleged unpaid monies.

Johor-based property developer Crescendo Corp Bhd (KL:CRESNDO) is divesting another parcel of land in the state for RM200.88 million and has granted the purchaser the right to buy an adjoining parcel worth RM249.07 million.