"Sentral REIT signs RM70 million deal to acquire retail units and parking bays at Arcoris Plaza, Mont’Kiara from UEM Sunrise, boosting portfolio growth." Kuala Lumpur, 28th May 2025, 10.35am - Sentral REIT is set to bolster its property portfolio with the acquisition of 38 stratified retail units and 1,432 parking bays in the Arcoris Plaza development, Mont’Kiara, for a total cash consideration of...
"IJM Land begins development on RM1 million Urban Park at Taman Rimba Bukit Kerinchi, connecting city dwellers to nature with eco-friendly design and trails." Kuala Lumpur, 27th May 2025, 10.45am - Kerjaya Prospek Group Bhd has secured a RM75.46 million adjudication award against Yong Tai Bhd’s subsidiary over an alleged unpaid construction contract for a mixed-use development in Melaka known as The...
"Malaysia's hotel sector sees flat Q1 2025 occupancy despite 6.74M tourist arrivals. MAH cites geopolitical tensions and cautious spending." Kuala Lumpur, 26th May 2025, 10.45am - Malaysia’s hotel industry experienced a slow start in the first quarter of 2025, as lingering economic uncertainties and geopolitical tensions curbed international travel demand, according to the Malaysian Association of...
"YTL Corp reports RM419.38 mil net profit for 3QFY2025. Cement segment surges 81%, while utilities drag down group earnings. No dividend declared." Kuala Lumpur, 23th May 2025, 12.05pm - YTL Corporation Berhad reported a 15.5% year-on-year decline in net profit for the third quarter ended 31 March 2025 (3QFY2025), posting RM419.38 million compared to RM496.23 million a year earlier. The drop was...
"Kuala Lumpur intensifies beautification, infrastructure upgrades and smart surveillance ahead of ASEAN 2025 Summit to position itself as a progressive, clean and secure global city." Kuala Lumpur, 22th May 2025, 01.00pm - As Malaysia prepares to host the ASEAN Summit 2025, Kuala Lumpur is undergoing a sweeping urban transformation aimed at positioning the capital as a clean, green, safe, and globally...
"Port Klang Free Zone launches PKFZ 2.0 Masterplan to create a sustainable, tech-driven logistics hub; final land parcels set for release as occupancy and green initiatives ramp up." Port Klang, 21th May 2025, 01.00pm - The Port Klang Free Zone (PKFZ) has announced its transformative PKFZ 2.0 Masterplan, aiming to reposition the free trade zone as a future-ready, sustainable, and investor-centric...
"Sime Darby Property wins All-Stars Award for the third year at StarProperty Awards 2025, earning 12 accolades including ROI and township honours for City of Elmina and Bandar Bukit Raja." Kuala Lumpur, 19th May 2025, 10.15am - Sime Darby Property Berhad has once again cemented its reputation as a top-tier Malaysian property developer, securing the All-Stars Award for the third consecutive year at the...
"LBS Bina and Oriental Holdings sign MoU for a RM7 billion industrial development in Klebang, Melaka, set to transform the area into a key SME and logistics hub under the SM-WEZ growth corridor." Melaka, 16th May 2025, 01.09pm - LBS Bina Group Bhd has signed a Memorandum of Understanding (MoU) with Oriental Holdings Bhd to jointly develop a RM7 billion mixed-use industrial project in Klebang, Melaka,...
"Thailand proposes extending Malaysia’s ECRL to Sungai Golok to connect with its rail network and strengthen regional trade, while eyeing halal industry collaboration to tap into GCC and China markets." Kuala Lumpur, 15th May 2025, 01.02pm - Thailand has proposed that Malaysia extend its East Coast Rail Link (ECRL) to the Sungai Golok border, a move aimed at enhancing cross-border rail connectivity...
"Kerjaya Prospek wins RM75.46 million in an adjudication ruling against Yong Tai’s subsidiary over unpaid works on The Apple project in Melaka. Legal disputes and counterclaims continue." Johor Bahru, 14th May 2025, 01.02pm - Kerjaya Prospek Group Bhd has secured a RM75.46 million adjudication award against Yong Tai Bhd’s subsidiary over an alleged unpaid construction contract for a mixed-use...
