Iconic Worldwide Bhd (KL:ICONIC) has secured projected rental revenue of more than RM75 million following the signing of a long-term tenancy agreement for a factory in Batu Kawan owned by its subsidiary, Iconic Medicare Sdn Bhd, strengthening its recurring income base.
The Kuching High Court, in a landmark decision, ruled that the Sarawak Strata Management Ordinance 2019 (SMO), which came into force on March 1, 2022, cannot be applied retrospectively.
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TA Securities expects PGF Capital Bhd (KL:PGF) to resolve the long-standing issues at its Tanjung Malim property project by the financial year ending Feb 28, 2027 (FY2027).
Maybank Investment Bank Bhd (Maybank IB) has maintained a positive stance on the Malaysian real estate investment trust (REIT) sector into 2026, supported by resilient fundamentals, a stable rate environment and tourism-led demand recovery.
EGH International Bhd, an interior fit-out firm, is seeking a listing on the ACE Market to raise funds for the construction of a new head office estimated to cost RM28 million.
Sunway Bhd (KL:SUNWAY) said on Thursday that its unit has proposed a sukuk wakalah programme of up to RM10 billion to fund working capital and refinancing of borrowings.
Noteworthy:
When: September 2025
The office market in the capital city could face further pressure with the incoming supply of nearly six million square feet of new space, a property report warned.
The Malaysian government’s Urban Renewal Act (URA) has become one of the most contentious pieces of draft legislations in recent years. Designed to accelerate the redevelopment of ageing or under-utilised urban land, the URA has prompted intense debate about property rights, constitutional protections, and socio-economic effects.
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