KIP REIT to acquire DPulze Shopping Centre for RM320 mil
KIP Real Estate Investment Trust (KL:KIPREIT), which mainly manages retail properties, said on Monday it plans to acquire seven-floor DPulze Shopping Centre for RM320 million.
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UEM Sunrise proposes landmark development at The Oval Subiaco East in Perth, Australia
UEM Sunrise Bhd submitted the development application (DA) of its first residential development in Subiaco East in Perth, Western Australia for Lots 1 and 2 at The Oval, Subiaco East, to deliver two landmark apartment buildings.
NCT launches final phase of Ion Belian Garden
NCT Group (NCT Platinum Sdn Bhd) recently unveiled the final phase of its Ion Belian Garden project, Precinct B-Phase 2, featuring single-storey terrace houses.
Rehda Selangor reappoints Datuk Zaini Yusoff as chairman
S P Setia Bhd (KL:SPSETIA) chief operating officer Datuk Zaini Yusoff (pictured) has been reappointed as chairman of the Real Estate and Housing Developers' Association Malaysia (Rehda) Selangor Branch for the term of 2024-2026.
Kerjaya Prospek bags RM568 mil contract in Penang
Kerjaya Prospek Group Bhd (KL:KERJAYA) has bagged a contract worth RM567.73 million in Penang.
Analysts see Gamuda clinching more hyperscale data centre projects
Analysts foresee Gamuda Bhd (KL:GAMUDA) to bag more project portfolios in the data centre (DC) sector, after the engineering and construction company recently secured contracts for the construction of a hyperscale DC in Elmina Business Park, with a combined value of RM1.7 billion.
TRC Synergy bags RM142 mil subcontract to 'transform' state legislative building
Construction outfit TRC Synergy Bhd (KL:TRC) said it has secured a RM142.34 million subcontract for the "proposed transformation" of a state legislative building.
Favelle Favco to build two logistic warehouses in Australia
Favelle Favco Bhd said it is spending A$39.8 million (RM123.98 million) to develop two units of single-storey logistic warehouses on its freehold land near Sydney, Australia.
MKH's 2Q net profit drops 17% on lower foreign exchange gains
MKH Bhd (KL:MKH) said its net profit fell 17.23% to RM20.74 million for its second quarter ended March 31, 2024 (2QFY2024), from RM25.06 million a year earlier, dragged down by lower unrealised foreign exchange gains. Earnings per share dropped to 3.59 sen from 4.34 sen previously.
Gamuda wins RM1.74 bil job to build Sime Darby Property’s hyperscale data centre at Elmina Business Park
Engineering and construction company Gamuda Bhd (KL:GAMUDA) announced on Friday that it has secured contracts worth a combined value of RM1.74 billion to build a hyperscale data centre for Sime Darby Property Bhd (KL:SIMEPROP) at the latter’s Elmina Business Park.
