Econpile Holdings Bhd (KL:ECONBHD) said Retirement Fund Inc (KWAP) has ceased to be a substantial shareholder in the piling and foundation specialist.

Property developer GD Group has ventured into industrial park development, launching the Sikamat Industrial Park in Vision Valley 2.0, Negeri Sembilan.

Integrated construction and property company PTT Synergy Group Bhd (KL:PTT), which recently announced a one-for-one bonus issue exercise, is acquiring two parcels of land with semi-detached factories in Selangor from Sime Darby Property Bhd (KL:SIMEPROP) for RM22 million in cash.

Noteworthy:

• Freehold
• Built-up size: 958 sq ft
• 3 bedrooms, 2 bathrooms
• Floor location: High
• Unfurnished
• Nearby amenities: United Point Mall, Hibiscus International School, Bamboo Hills, Sentul Depot, KLPAC, Segambut KTM station, MRT Sri Delima, Sri Bintang Hill Trail
• Accessibility: DUKE, MRR2, Jalan Kuching, Jalan Segambut

March 2024

Berjaya Land Development Sdn Bhd unveiled a premium landed residential development called Jesselton Courtyard at Jesselton Selatan located in George Town, Penang.

Tropicana Corporation Bhd and Australian-owned healthcare company VitaHealth Malaysia recently announced their collaboration on the Offline 16, Malaysia’s longest offline event.

Kedah, particularly in Kulim, has witnessed the highest influx of foreign investments for the manufacturing sub-sector in the country in the first quarter of this year (1Q2024), according to Knight Frank Malaysia executive director of land and industrial solutions Allan Sim.

Sime Darby Property Bhd bagged three wins at The Edge Malaysia Best Managed & Sustainable Property Awards 2024 (BMSPA 2024), highlighting the group’s commitment to sustainability and excellence.

International property consultancy firm Knight Frank forecasts that Kuala Lumpur’s prime office rental and vacancy rates will remain unchanged and stable for the next 12 months.

LBS Bina Group Bhd (KL:LBS) unveiled a double-storey semi-detached development called Imperial Garden located at Bandar Putera Indah of Batu Pahat, Johor. The development has an estimated gross development value of RM237 million.