The proposed sale of Wisma Sentral Inai will immediately improve Sentral REIT’s (KL:SENTRAL) portfolio and boost its balance sheet for future acquisitions, analysts said. 

The government is in the midst of drafting amendments to the Housing Development (Control and Licensing) Act 1966 to expand its scope to cover problematic commercial projects.

The Young Professionals Lab (YPLab) 2025 was launched today with 30 participants, with the theme “Roots of Resilience” to preserve heritage while strengthening urban climate resilience.

Lim Seong Hai Capital Bhd (KL:LSH) said that the operations at the Kuala Lumpur Tower will continue without interruption, despite the appeal filed by its former operator Menara Kuala Lumpur Sdn Bhd, and its parent Hydroshoppe Sdn Bhd, against High Court ruling last month.

ECM Libra Group Bhd entered into an agreement to dispose of an 11-storey hotel in George Town, Penang, together with adjoining freehold land, for a total cash consideration of RM51.89 million on Aug 15 (Friday).

Axis Real Estate Investment Trust (Axis REIT) (KL:AXREIT) has completed its maiden issuance of RM300 million senior Islamic medium-term notes under its RM3 billion sukuk programme.

Megaprojects to be implemented in the country must incorporate culture, civilisation and new technology for the benefit of the nation and the people, said Prime Minister Datuk Seri Anwar Ibrahim. 

The developer of the Ipoh Sentral project site has been reminded to complete the construction of a recreational park first before developing any commercial projects.

IJM Corporation Bhd (KL:IJM), via its wholly owned subsidiary IJM Construction Sdn Bhd, has secured a RM1.4 billion contract to build a large-scale data centre in Johor Bahru, its biggest data centre project to date.

Ireka Corporation Bhd (KL:IREKA) entered into a joint venture (JV) agreement with Ukay Forest Development Sdn Bhd (UFDSB), forming Ireka-Ukay Forest JV, to collaborate on the execution and management of selected development and infrastructure projects in Malaysia.