News by theedgemalaysia.com

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.

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 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 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 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 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.

Nawawi Tie Leung Property Consultants Sdn Bhd announced the official opening of its new office at Menara JLand in Johor Bahru on Thursday to reinforce its position as a leading real estate consultancy in Southeast Asia, and to enhance its ability to facilitate cross-border investments and deliver comprehensive solutions to clients in Malaysia and Singapore.

UEM Group Bhd, a wholly owned infrastructure arm of sovereign wealth fund Khazanah Nasional Bhd, has confirmed the appointment of Datuk Amran Hafiz Affifudin as its managing director (MD) effective immediately, replacing Datuk Mohd Izani Ghani who has stepped down to take the helm at airport operator Malaysia Airports Holdings Bhd.

The journey towards sustainable construction may be riddled with challenges, but with the sharing of knowledge and best practices at events such as The Edge Malaysia and YTL Cement's Sustainable Construction: The Next Level Symposium that was held on Wednesday at JW Marriott Hotel Kuala Lumpur, industry players can come together and look at how they can overcome such challenges and drive innovation.

Fairfield by Marriott announced the opening of its third hotel in Malaysia in a press statement on Wednesday.