Sime Darby Property ‘comfortable’ to take on more debt for industrial and data centre expansion
Sime Darby Property Bhd (KL:SIMEPROP) is well-positioned to take on more debt to fund its income-generating industrial and data centre projects.
Sime Darby Property sees KLGCC Mall breaking even sooner than expected amid strong footfall
Sime Darby Property Bhd (KL:SIMEPROP) expects its newly opened KLGCC Mall in Bukit Kiara to break even sooner than initially projected as early operating indicators on the mall operation have exceeded internal forecasts.
Sime Darby Property’s 3Q net profit jumps 31%, nine-month sales hit record RM3.4b
Sime Darby Property Bhd’s (KL:SIMEPROP) net profit for the third quarter ended Sept 30, 2025 (3QFY2025) rose 31.2% year-on-year (y-o-y) to RM168.23 million from RM128.26 million, boosted by stronger sales and cost efficiency in its property development business.
Pekat Group unit wins RM33.8m Gamuda subcontract for hyperscale data centre in Selangor
Pekat Group Bhd (KL:PEKAT) has secured a RM33.8 million subcontract from Gamuda Engineering Sdn Bhd for works at a hyperscale data centre in Eco Business Park V, Puncak Alam, Selangor.
MRCB inks MOU with RUA AlHaram AlMakki for King Salman Gate development in Makkah
Malaysian Resources Corporation Bhd (KL:MRCB) has signed a joint venture memorandum of understanding (MOU) with Saudi Arabia’s RUA AlHaram AlMakki Company to explore collaborative opportunities within the King Salman Gate development in Makkah, Saudi Arabia.
Haily secures two construction deals in Johor Bahru worth over RM80 mil
Haily Group Bhd (KL:HAILY) has secured two construction contracts worth a combined RM80.3 million for residential projects in Taman Bestari Perdana, Plentong, Johor Bahru.
Ibraco to gain RM22m from RM35.4m Kuching land disposal
Ibraco Bhd (KL:IBRACO) is disposing of approximately 4.2 acres of vacant land in Kuching, Sarawak for RM35.4 million, in a move aimed at unlocking the land’s value and supporting the expansion of private healthcare services in Sarawak.
Chin Hin unveils Botanica Hills Phase 3 with 164 terraced homes
Chin Hin Group Property Bhd (KL:CHGP) has unveiled Phase 3 of its Botanica Hills township in Templer, which is located next to the Rawang Bypass.
Water supply to data centres only 21% to 28% of initial requests, Fadillah says fees enough to safeguard supply systems
Data centres in Selangor and Johor consumed a fraction of the water they requested last year, with the government saying revenue from the centres is sufficient to safeguard the water supply system.
Cyberjaya receives gold rating in inaugural smart township certification
Cyberjaya was rated gold under the newly introduced Smart Township 2025 Certificate of Recognition, becoming the first city in Malaysia to receive the honour.
