Guocoland (Malaysia) Bhd (KL:GUOCO) said the group faces a net financial impact of RM5.54 million following an arbitration ruling against its wholly owned subsidiary over a disputed project termination.

Noteworthy:

• Freehold
• Built-up size: 5,005 sq ft
• Land size: 1,836 sq ft
• 6 bathrooms
• Nearby amenities: Pavilion Bukit Jalil, Bukit Jalil Recreational Park, International Medical University, Asia Pacific University, IMU Healthcare
• Accessibility: KESAS, MEX, MMR2, Jalan Jalil Utama 2

When: January 2025

The International Green Build Conference (IGBC) 2025 will see over 800 participants from various government sectors, industry players, academics, and representatives from more than 25 local authorities. This will be the largest IGBC held since the event’s inception in 2019.

The tension between the great powers, China and the US, has caused some jitters in the global market, but it has also inadvertently benefitted some countries in Southeast Asia, as multinational companies flee from the two contending countries to seek more stable land sets as their new business centres in the region.

RHB Investment Bank estimated Gamuda Bhd's (KL:GAMUDA) core net profit could rise to between RM230 million and RM250 million for the third quarter ended April 30, 2025 (3QFY2025), the research house said in an earnings preview note.

The Malaysian REIT Managers Association (MRMA) warns that the proposed 8% sales and services tax (SST) on commercial rental and leasing services could result in a knock-on effect on end-consumers, leading to elevated cost pressures.

S P Setia Bhd has earned two prestigious awards, the Gold award for Sapphire by The Gardens in Melbourne, Australia for the Residential High Rise category, and the Silver award for Amantara, Setia Eco Templer for Residential Low Rise category at the FIABCI World Prix D’Excellence Awards 2025, which were presented at its award ceremony held at Lagos Oriental Hotel in Lagos, Nigeria on June 12, 2025.

Berjaya Land Bhd (KL:BJLAND) has signed a memorandum of understanding (MOU) with Impianan Utara Sdn Bhd to jointly explore and develop two economic projects in Perlis.

Chin Hin Group Bhd (KL:CHINHIN) has called off its planned acquisition of data centre-related firms after the target companies failed to secure an order book of at least RM380 million, a key condition for completion.

A government valuation property expert told the High Court on Tuesday that she disagreed with the calculation of ‘mesne profit’ by a private valuer appointed by voluntarily-liquidated company Semantan Estate (1952) Sdn Bhd.