"Unisem buys 38 plots (1.88 million sq ft) behind its Gopeng facility for RM30.14 million to expand semiconductor operations, adding parking and employee hostels." Kuala Lumpur, 24th June 2024, 12.15pm - Unisem (M) Bhd is acquiring 38 parcels of land in Gopeng, Perak for RM30.14 million in cash to expand its semiconductor packaging and testing facilities. The plots, totaling 1.88 million sq ft, are...
"Embassy Gardens led sales with RM166 million, followed by Wardian at RM153 million and Millbrook Park at RM41 million." Kuala Lumpur, 21th June 2024, 15.15pm - Maybank Investment Bank has reaffirmed its “buy” rating on Gamuda Bhd (KL) at RM6.44, adjusting the company's FY2024E earnings by -5%, FY2025E earnings by +2%, and FY2026E earnings by +3%. The bank also increased Gamuda's realised net asset...
"Embassy Gardens led sales with RM166 million, followed by Wardian at RM153 million and Millbrook Park at RM41 million." Kuala Lumpur, 20th June 2024, 12.35pm - EcoWorld International has recorded RM433 million in sales and an additional RM85 million in reserves, totaling RM518 million over the first seven months of FY2024. The largest contributor was Embassy Gardens with RM166 million in sales,...
"The report highlights Malaysia's rising buying power and growing interest in international property investments." Melaka, 19th June 2024, 14.35pm - According to the Asia-Pacific Cross-Border Residential Property Buying Trends Report for Q1 2024, released by Juwai IQI Holdings on Tuesday, Malaysia has ranked as the third highest country in Asia for outbound cross-border property investment, following...
"Fan chose Melaka as her travel destination due to the long historical ties between Melaka and China, fostering cultural connection and familiarity." Melaka, 18th June 2024, 12.05pm - Melaka Friendship Tourism Ambassador 2024, Fan Bingbing, expressed that her new role comes with significant responsibility and good fortune. Fan highlighted Melaka's distinctiveness as a tourist destination, setting it...
""Platinum" MM2H participants must hold RM5 million in a fixed deposit account under new MOTAC conditions, with specific withdrawal options for property, healthcare, and travel." Kuala Lumpur, 17th June 2024, 12.00pm - The Tourism, Arts and Culture Ministry (MOTAC) officially announced new conditions for the Malaysia My Second Home (MM2H) programme yesterday. Notably, the ministry will discontinue...
"MRT Corp announced that the Wadi Hana maintenance depot in Johor Bahru is 82.14% complete, with progress in track, architectural, mechanical, electrical, and external works." Johor, 13th June 2024 - As of May 31, the Rapid Transit System (RTS) Link project between Johor Bahru and Singapore is 77.61% complete, reports Mass Rapid Transit Corp Sdn Bhd (MRT Corp). If progress continues as expected, RTS...
"Crescendo has sold over 150 acres for data centre development, generating more than RM790 million in cash proceeds." Johor, 12th June 2024 - Crescendo Corp Bhd (KL) has announced another land sale to a data centre company, this time selling a parcel in Pulai for RM115.88 million in cash. Crescendo’s wholly-owned subsidiary, Panoramic Industrial Development Sdn Bhd (PID), has signed a conditional...
"The group received certificates from the Ministry of Housing at the June 7 ceremony in Putrajaya, celebrating FIABCI World Prix D’Excellence Awards 2024 gold winners." Kuala Lumpur, 11th June 2024 - S P Setia Bhd received the Heritage Award at the FIABCI World Prix D’Excellence Awards 2024 in Singapore for the Battersea Power Station project on May 30. S P Setia was part of a Malaysian...
"Nextgreen and SPOIC are considering forming a joint venture for a project, with SPOIC holding 70% ownership and Nextgreen the remaining 30%, per their MOU." Kuala Lumpur, 10th June 2024 - Housing and Local Government Minister Nga Kor Ming stated that he aims to change the public's perception of real estate developers being associated with abandoned projects in order to better enhance the...
