Jati Tinggi said the sub-contract was awarded to its unit Jati Tinggi Holding Sdn Bhd (JTHSB), to provide horizontal directional drilling work in Gombak, Selangor.

The deal involves the setting off of RM66 million of indebtedness, and a RM18 million interest waiver on the debt owed by Talam Transform to IJM Properties.

On top of that, the court also ordered Ireka to pay incidental cost of RM7,500 and an allocator fee of RM300.

Bursa Malaysia Property Index, which tracks 97 stocks in the sector, settled down 9.74% to a nearly three-month low of 980.14 points, making it the biggest loser in the exchange on Monday.

S P Setia Bhd has completed its land disposal to Elite Park Development Sdn Bhd, Grand Prestige Development Sdn Bhd, and Mestika Bistari Sdn Bhd, all subsidiaries wholly owned by Mah Sing Group Bhd. Announced mid-last year, the transaction involving approximately 500 acres of freehold land in Glengowrie, Semenyih, was settled for RM392 million in cash

Encorp, through its joint venture with the Felda, has handed over the first phase of the 46-acre Lamanda Chuping township in Perlis, comprising single-storey residential landed units, to homebuyers last Saturday (Aug 3).

ERA Realtor recently held its annual dinner and gala night where it paid tribute to all who contributed to the agency’s success.

SkyWorld Development Bhd has contributed RM50,000 to SkyMeridien Residences’ sinking fund to reward the latter’s win at the The Edge's Best Managed and Sustainable Property Awards 2024 (BMSPA 2024).

Shares of construction and property group WCT Holdings Bhd (KL:WCT) plunged to their lowest in one month, after the stock exchange suspended intraday short-selling activities of the stock on Monday morning.

Construction and property group WCT Holdings Bhd (KL:WCT) plans to raise up to RM163.06 million via a private placement of shares to third-party independent investors.