EMKAY to soft launch The Ayu Residences on Oct 12
EMKAY Group will soft launch The Ayu Residences this Sunday (Oct 12), introducing a low-density residential development within the freehold township of Bandar Seri Putra.
Ivory Properties to be delisted on Oct 14 after Bursa rejects regularisation plan extension
Practice Note 17 (PN17) company Ivory Properties Group Bhd (KL:IVORY) will be delisted from the Main Market of Bursa Malaysia next Tuesday (Oct 14), after the stock exchange rejected its appeal for more time to submit a regularisation plan.
Kampung Sg Baru redevelopment had no consent threshold at approval, says FT minister
Minister in the Prime Minister’s Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa told Parliament there was no official consent threshold in place when the Kampung Sungai Baru redevelopment project was approved in 2020.
Govt says residents, not authorities, chose Kampung Sg Baru developer
The government on Thursday said it had no role in choosing the developer for the Kampung Sungai Baru redevelopment project—the decision was made entirely by the residents, Parliament was told.
Partnering Mitsui Fudosan in RM1.3b Semenyih project will reduce financial stress on S P Setia, analysts say
A partnership with Japan’s Mitsui Fudosan will help reduce the balance sheet stress on S P Setia Bhd (KL:SPSETIA) in the RM1.3 billion development of a residential project in Semenyih, analysts said.
HLIB cuts Pavilion REIT to ‘hold’ as price surpasses target amid lower yield outlook
Hong Leong Investment Bank (HLIB) has downgraded Pavilion Real Estate Investment Trust (KL:PAVREIT) to ‘hold’ given the recent share price rally amid a lower yield outlook.
Tropicana continues debt reduction efforts with RM139m sukuk redemption
Tropicana Corp Bhd (KL:TROP) has redeemed another tranche of its sukuk wakalah worth RM139 million under its RM1.5 billion programme, which matured on Wednesday.
UOA announces first 11 retail partners for 130,000 sq ft Bamboo Hills Residences podium
UOA Development Bhd (KL:UOADEV) has confirmed its first 11 retail partners for the 130,000 sq ft Retail Podium at Bamboo Hills Residences, scheduled to open in 2027.
EPF ceases to be substantial shareholder in IOI Properties after selling 100 mil shares
The Employees Provident Fund (EPF) has ceased to be a substantial shareholder of IOI Properties Group Bhd (KL:IOIPG) after almost nine years, as it trimmed its stake in the counter which had risen to a one-month high in a rally.
Selangor launches new IoT-enabled industry park to accelerate Industry 4.0 adoption
To prepare Selangor for the next step in Industry 4.0, the state government officially launched the IoT Enabled Industrial Park (IEIP), an initiative that promotes the implementation of smart technologies across selected industrial parks in the state.
