"Radium Development is acquiring prime land in Kuala Lumpur for RM458 million to expand its property portfolio. The strategic Jalan Cheras site enhances connectivity and growth opportunities." Kuala Lumpur, 25th Feb 2025, 11.00am - Radium Development Bhd, through its wholly owned indirect subsidiary Radium J Velodrome Sdn Bhd (RVSB), has proposed to acquire a mixed-use land parcel and two commercial...
"IWG expands its hybrid workspace network in Malaysia with two new Regus offices—Menara Public Gold in Kuala Lumpur and Troika Kota Bharu in Kelantan, its first east coast location. The move aligns with IWG’s plan to establish 160 centres nationwide." Kuala Lumpur, 24th Feb 2025, 11.25am - Global hybrid workspace provider International Workplace Group (IWG) is expanding its footprint in Malaysia...
"UEM Sunrise Bhd surpassed its FY2024 targets, achieving RM1.42 billion in sales and RM904 million in launched GDV. Strong earnings, a 60% dividend payout, and a resilient balance sheet highlight its growth." Kuala Lumpur, 21th Feb 2025, 01.45pm - UEM Sunrise Bhd has delivered an outstanding financial performance for the year ended Dec 31, 2024 (FY2024), surpassing its full-year targets for both sales...
"Malaysia is set to complete the Johor-Singapore Special Economic Zone (JS-SEZ) Action Plan by Q3 2025, with key strategies to boost local businesses, enhance cross-border trade, and attract investment while ensuring local participation." Kuala Lumpur, 20th Feb 2025, 02.56pm - The Malaysian government is developing the Johor-Singapore Special Economic Zone (JS-SEZ) Action Plan, which is expected to be...
"Malaysia may face challenges in AI data centre development due to US chip export restrictions, but overall operations remain unaffected, says Deputy Minister Liew Chin Tong.." Kuala Lumpur, 19th Feb 2025, 01.40pm - Malaysia’s development of artificial intelligence (AI) data centres may face challenges due to the recent US restrictions on AI chip exports, said Deputy Investment, Trade and Industry...
"EcoWorld Malaysia is selling 138.5 acres of freehold industrial land in Iskandar Malaysia to Microsoft Payments for RM693.96 million. The sale strengthens EcoWorld’s cash reserves and supports its industrial growth strategy.." Kuala Lumpur, 18th Feb 2025, 10.45am - Eco World Development Group Bhd (EcoWorld Malaysia) has announced the sale of 138.532 acres of freehold industrial land at Eco Business...
"Avaland launches The Island @ Cybersouth, a 40-acre eco-friendly space with a 37-acre waterbody, set for completion this year." Kuala Lumpur, 17th Feb 2025, 11.15am - Property developer Avaland Bhd has officially broken ground on The Island at Cybersouth, a 40-acre eco-centric development within the 417-acre Cybersouth township. Designed as a sustainable landmark, The Island features a 37-acre...
"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...
