Gamuda Land, the property arm of Gamuda Bhd, has plans to launch an average of five new overseas projects per annum from the financial year 2023 onwards.

The Klang Municipal Council (MPK) has adopted a novel way to catch litterbugs in action. It has deployed a team plainclothes officers to nab those who litter.

The Shah Alam City Council (MBSA) on Friday (Sept 30) refuted claims that its mayor Datuk Zamani Ahmad Mansor has been arrested by the Malaysian Anti-Corruption Commission (MACC) for investigation over tenders for projects in the city.

Gamuda Bhd’s net profit increased 19.89% to RM255.24 million for the fourth quarter ended July 31, 2022 (4QFY22), from RM212.88 million a year earlier, on the back of improved earnings in the construction and property divisions.

Loss-making Nexgram Holdings Bhd is acquiring Wings By Croske Resort Langkawi for RM90 million, to be paid via issuance of preference shares by its subsidiary Medic Asset Group Sdn Bhd (MAG).

Sweden-based industrialised building system (IBS) firm, Scandinavian IBS Sdn Bhd (SIBS) has undertaken an additional 6.07-hectare expansion at its new plant in Penang Science Park in Simpang Ampat with investments worth RM500 million over the next five years.

Aiming to provide greater professional security for the public, the Malaysian Institute of Property and Facility Managers (MIPFM) has entered into a memorandum of understanding (MOU) with Etiqa General Insurance Bhd to offer Professional Indemnity (PI) Insurance as well as the Fire and Miscellaneous Classes for members of MIPFM and property management firms.

Scientex Bhd's net profit slipped 12.4% to RM124.98 million in the fourth quarter ended July 31, 2022 (4QFY22) from RM142.65 million, hit by higher tax and interest expenses amid margin compression in its property segment.

Airbnb Inc could add Korean traditional houses known as "hanok" as an independent booking option on its home rental platform, an executive has said, amid the growing popularity of the Korean wave of pop culture among international travellers.

AME Elite Consortium Bhd (AME) is optimistic it will achieve industrial property sales of about RM250 million in the financial year ending March 31, 2023, on the back of increasing foreign and domestic direct investments into its industrial parks.