Sheraton Hotels & Resorts has opened its first property in Johor Bahru, a 345-room hotel called Sheraton Johor Bahru, marking the brand’s latest expansion in Malaysia.

Ornapaper Bhd, one of the country’s largest manufacturers of corrugated boards and cartons, has proposed to acquire two leasehold parcels of vacant land in Melaka for RM7.2 million.

SkyWorld Development Bhd is recorded its first win at The Edge Malaysia ESG Awards 2025, receiving Gold for ‘Emerging Leader’ award on Oct 1.

Noteworthy:

• Freehold
• Built-up size: 4,025 sq ft
• Floor location: High
• 4 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: Bangsar Shopping Centre (BSC), Universiti Malaya, Sime Darby
• Convention Centre, Kuala Lumpur Golf and Country Club, Pantai Hospital
• Accessibility: SPRINT–Damansara and Penchala Links, Federal Highway, Jalan Ara, Jln Profesor Diraja Ungku Aziz

When: June 2025

UOA Development Bhd (KL:UOADEV) is transferring three properties in UOA Business Park, near Subang Jaya, to UOA Real Estate Investment Trust (KL:UOAREIT) in a related-party deal worth RM200 million.

YNH Property Bhd (KL:YNHPROP) said on Thursday that it has entered into a joint venture deal to undertake a mixed high-rise development in Kuala Lumpur.

Tropicana Corp Bhd (KL:TROP) said it has redesignated its group managing director, Din Tan Yong Chia, as deputy group CEO, effective Thursday.

Matrix Concepts Holdings Bhd (KL:MATRIX) founder and group executive deputy chairman Datuk Seri Lee Tian Hock has transferred 10 million shares to his son Kelvin Lee Chin Chuan, who is also the company’s group executive director.

Rawang’s commercial property scene was playing out like a tale of two towns: the timeworn charm of Old Town around Jalan Maxwell versus the fresh energy of Bandar Baru Rawang.

The Iskandar Regional Development Authority (IRDA) and Mizuho Bank (Malaysia) Bhd have formalised a collaboration through the exchange of a letter of intent (LOI) to strengthen investment opportunities within the Johor-Singapore Special Economic Zone (JS-SEZ).