"Glomac Bhd has launched a RM3 billion Islamic medium-term note (IMTN) programme with Maybank to fund land acquisitions, capital expenditure, and working capital. The sukuk wakalah programme aims to strengthen Glomac’s financial reserves and support long-term growth." Kuala Lumpur, 14th Feb 2025, 11.05am - Property developer Glomac Bhd has launched an Islamic medium-term note (IMTN) programme worth...
"Malaysia promotes multi-storey, high-tech warehouses to boost logistics efficiency and optimise land use. Transport Minister Anthony Loke highlights the role of smart storage in making Malaysia a regional logistics hub." Selangor, 13th Feb 2025, 02.25pm - The Malaysian government is advocating for the construction of more multi-storey, high-tech storage warehouses to enhance land efficiency and...
"SCIB has filed a lawsuit against Awana JV Suria Saga over unauthorized loan drawdowns, seeking court declarations to protect its financial interests." Kuala Lumpur, 12th Feb 2025, 01.45pm - Sarawak Consolidated Industries Berhad has initiated legal proceedings against housing developer Awana JV Suria Saga Sdn Bhd, alleging unauthorised loan drawdowns that could impact its financial...
"Teladan Setia Group Bhd has canceled its RM48.54 million land acquisition in Melaka Tengah after the vendor failed to meet conditions despite extensions." Kuala Lumpur, 10th Feb 2025, 11.30am - Teladan Setia Group Bhd has scrapped its RM48.54 million land acquisition in Melaka Tengah after the vendor, Megan Mastika Sdn Bhd, failed to meet the required conditions despite multiple deadline...
"LBS Bina Group plans to launch RM8 billion worth of property projects from 2025 to 2027 under its 8 x 8 strategy, focusing on residential, industrial, and commercial developments while expanding sustainability efforts with a solar farm in Senawang." Kuala Lumpur, 7th Feb 2025, 11.00am - LBS Bina Group Berhad is gearing up to launch property projects worth a combined gross development value (GDV) of...
"CapitaLand Malaysia Trust to acquire RM72 million industrial assets in Johor, strengthening its portfolio and growth strategy." Kuala Lumpur, 6th Feb 2025, 11.10am - CapitaLand Malaysia Trust (CLMT) is set to acquire three industrial properties in Senai Airport City for RM72 million from Rainbow Entity Sdn Bhd, a subsidiary of Gromutual Bhd. In a filing with Bursa Malaysia, CLMT stated that the...
"Property sales in Johor surge, driven by the Johor-Singapore Special Economic Zone (JS-SEZ), with unsold units decreasing and affordable housing projects expanding." Johor, 5th Feb 2025, 11.38am - The Johor-Singapore Special Economic Zone (JS-SEZ) has significantly driven property sales in Johor, reducing the number of unsold serviced apartments and strengthening market confidence, according to State...
"Sime Darby Property secures Jaya Grocer, Serai Group, ACE Hardware, Asia Ballet Academy, and HarborLand as anchor tenants for KLGCC Mall, set to open in 2025, offering a community-focused retail experience." Kuala Lumpur, 24th Jan 2025, 10.00am - Sime Darby Property Bhd has announced five anchor tenants for its highly anticipated Kuala Lumpur Golf & Country Club (KLGCC) Mall. The confirmed tenants...
"MRCB partners with Ipoh Sentral Sdn Bhd for a RM6.25 billion transit-oriented development in Ipoh, integrating modern transport and urban living to enhance connectivity and quality of life." Kuala Lumpur, 23th Jan 2025, 03.32pm - Malaysian Resources Corporation Bhd (MRCB), through its wholly owned subsidiary Country Annexe Sdn Bhd, has signed a memorandum of agreement (MOA) with Ipoh Sentral Sdn Bhd...
"Section 2 of the West Coast Expressway opens at midnight, linking SKVE and SAE to Port Klang, boosting logistics efficiency and reducing travel times. Toll-free for one month." Klang, 22th Jan 2025, 02.30pm - Section 2 of the West Coast Expressway (WCE) is set to open to traffic at midnight, marking a significant milestone in enhancing connectivity and solidifying Port Klang’s position as Southeast...
