Vestland wins RM135 mil construction job in Klang
Vestland Bhd (KL:VLB) said it has won a construction contract worth RM135 million under an industrial development project in Bukit Raja, Klang.
Econpile bags RM49 mil piling job in KL
Piling and foundation specialist Econpile Holdings Bhd (KL:ECONBHD) has bagged a RM48.8 million piling contract for a 74-storey serviced apartment project at Jalan Pavilion here.
Property managers back govt move to exempt tax on non-residential service charges
The Malaysian Institute of Property and Facility Managers (MIPFM) welcomes and commends the government’s decision to exempt service tax on service charges and sinking fund contributions for non-residential buildings effective July 1, 2026.
Axis REIT's latest purchase earnings-accretive, price tag reasonable — analysts
Axis Real Estate Investment Trust’s (KL:AXREIT) latest asset in its shopping cart will be earnings accretive as it comes with a reasonable price tag, analysts said.
Tower REIT names new CEO for management company
Tower Real Estate Investment Trust (KL:TWRREIT) announced on Thursday the appointment of Douglas Richard Fyvie Crichton as the new chief executive officer of the trust's management company, GLM REIT Management Sdn Bhd, with immediate effect.
Gamuda's 3Q net profit rises 4.5% as domestic construction drives growth, declares five sen dividend
Gamuda Bhd’s (KL:GAMUDA) net profit rose 4.51% in the third quarter ended April 30, 2026 (3QFY2026), underpinned by stronger contributions from its domestic construction activity.
Glomac's 4Q profit surges over fourfold, plans RM371 mil launches in FY2027
Glomac Bhd (KL:GLOMAC) posted a more than fourfold increase in its fourth-quarter net profit, driven by higher progress billings and prudent cost management despite ongoing external cost pressures.
Malaysia’s data centres using only half of approved power, water capacity, says minister
Data centres in Malaysia are currently using only about half of the electricity and water capacity approved for them, Minister of Energy Transition and Water Transformation Datuk Seri Fadillah Yusof said.
Battersea Power Station awards Phase 3C construction contract to Sisk
Construction and property company Sisk has been appointed as the main contractor to lead the construction of Phase 3C of the 42-acre Battersea Power Station regeneration project.
Malton shares jump 17.3% on AI compute centre partnership with US firm
Shares of Malton Bhd (KL:MALTON) surged in early trade on Wednesday after the property developer unveiled plans to collaborate with a US-based artificial intelligence (AI) cloud infrastructure company to develop AI compute centres in Malaysia.
