Paragon Globe Bhd (KL:PGLOBE) (PGB) and United Overseas Bank (M) Bhd (UOB Malaysia) have signed a five-year Memorandum of Collaboration (MOC) on Friday to support green financing, sustainability integration and cross-border investments linked to the Johor–Singapore Special Economic Zone (JS-SEZ).

Builder and property developer Chin Hin Group Bhd (KL:CHINHIN) is partnering with PTT Synergy Group Bhd (KL:PTT) to jointly develop smart warehouses, industrial parks and digital logistics infrastructure.

Sime Darby Property Bhd and SD Guthrie Bhd have agreed to develop a next-generation industrial and logistics hub within a 3,000 acre master development plan in Kuala Selangor, Selangor, through a 50:50 joint venture.

Noteworthy:

• Freehold
• Built-up size: 2,000 sq ft 
• 3 bedrooms, 3 bathrooms
• Semi-furnished
• Nearby amenities: Publika Shopping Gallery, Solaris Mont Kiara, 163 Retail Park, 1 Mont Kiara Mall, Kiara 163 Wellness Centre, Ben’s Independent Grocer, Village Grocer, CIMB Bank, Maybank, Kiara Park, Mont Kiara International School, Garden International School, and Global Doctors Hospital.
• Accessibility: SRINT Expressway, Penchala Link, DUKE, Jalan Duta, and North-South NSE.

When: June 2025

Sentral REIT (KL:SENTRAL), which owns a portfolio of prime office and commercial buildings in Klang Valley and Penang, saw its third-quarter net property income (NPI) slip, no thanks to higher operating expenses, including one-off equipment repairs and replacement costs across several properties.

IJM Construction Sdn Bhd, wholly owned by IJM Corp Bhd (KL:IJM), has accepted a RM1.4 billion Letter of Award from its sister company New Pantai Expressway Sdn Bhd (NPESB) for the design and build of the New Pantai Highway Extension.

NCT Group of Companies said it launched its maiden RM1 billion sukuk wakalah programme on Thursday.

“A comprehensive study covering legal, technical, and financial aspects is being conducted to ensure such initiatives can benefit the public without imposing additional fiscal strain on the government.”

Construction company GDB Holdings Bhd (KL:GDB) has secured a court order enforcing an RM83 million adjudication award in its dispute with KSK Land Sdn Bhd over payments following the developer’s termination of its unit as the main contractor of the 8 Conlay project.

A decades-long legal battle over unlawful government land acquisition must be resolved by the Federal Court as it directly impacts citizens' constitutional right to property, senior counsel Datuk Dr Cyrus Das argued before the apex court on Thursday.