Malaysia Airports Holdings Bhd (MAHB) said it is holding its contractors—Alstom and the IJM-Pestech Joint Venture (IPJV)—accountable, following a series of service disruptions involving the newly commissioned aerotrain system at Kuala Lumpur International Airport (KLIA) Terminal 1.
IGB Real Estate Investment Trust (KL:IGBREIT) and its sister trust, IGB Commercial REIT (KL:IGBCR), posted higher net property income (NPI) for the third quarter ended Sept 30, 2025 (3QFY2025), supported by stronger rental income.
CapitaLand Malaysia Trust (KL:CLMT) on Wednesday (Oct 22) announced an increase in its third-quarter revenue and net property income, largely due to rental growth at most of its properties and the commencement of income from its newly acquired Glenmarie Distribution Centre.
Noteworthy:
When: July 2025
Kota Kemuning, a well-established township in Shah Alam, Selangor, has continued to see stable growth in its property market despite its history as a flood-prone area.
Hextar World at Empire City is set to open its doors to the public with a soft launch on Nov 29, with the complete unveiling scheduled for 2026.
Exsim Hospitality Bhd, formerly known as Pan Malaysia Holdings Bhd, has accepted a RM17.64 million letter of award (LOA) from Binastra Builders Sdn Bhd for subcontract works involving apartment units.
Shipping firm Shin Yang Group Bhd has entered into an agreement to acquire a 5.37-hectare parcel of land in Kota Kinabalu, Sabah, from its controlling shareholder, Shin Yang Sdn Bhd (SYSB), for RM26.6 million in cash.
Rapid Synergy Bhd’s wholly-owned subsidiary, Rapid Precision Technologies Sdn Bhd (RPTSB), has entered into a sale and purchase agreement with Osram Opto Semiconductors (Malaysia) Sdn Bhd, part of ams-OSRAM, for the disposal of two parcels of industrial land and buildings in Bayan Lepas, Penang, for RM35 million.
The upcoming facility, with a capacity of over 130 beds, will cater to individuals requiring specialised nursing care, regardless of age.
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