A thin wire believed to have come into contact with the power supply system has been identified as the cause of a minor explosion involving a Rapid KL Light Rail Transit (LRT) train at the Taman Jaya Station bound for Putra Heights on Tuesday.
UEM Sunrise Bhd (UEMS) is exiting its marina joint venture at Puteri Harbour, Johor, via the disposal of its entire 40% equity stake in Sarandra Malaysia Sdn Bhd (SMSB) to its Singapore-based partner ONE15 Marina Holdings Pte Ltd for RM50,000 in cash.
Malvest Group has entered into a strategic partnership with Koperasi Orang Kota Bharu Bhd (COOP OKB) through the signing of a memorandum of understanding (MoU) to provide greater access to quality homeownership for cooperative members, while encouraging more Kelantanese to invest in their home state.
Ant International’s decision to establish its Global Operations Centre in Kuala Lumpur will help create jobs and strengthen local capabilities, Prime Minister Datuk Seri Anwar Ibrahim said, as Malaysia seeks to position itself as a regional hub for digital technology and artificial intelligence (AI).
Ideal Property Group has completed all infrastructure works for its 880-acre Penang Technology Park @ Bertam, with the development moving into its full delivery phase following the completion of its landmark entrance gateway.
The long-awaited master plan and investment blueprint for the Johor-Singapore Special Economic Zone (JS-SEZ) have been completed and approved by the Cabinet, but their launch will only take place after the Johor state elections.
S P Setia Bhd has launched “Setia Lenscape”, a nationwide photography campaign that invites Malaysians to rediscover its townships by exploring selected projects and capturing images of their parks, public spaces, architecture and everyday community life.
AME Elite Consortium Bhd and AME Real Estate Investment Trust (AME REIT) have completed a RM100.8 million related-party transaction involving three industrial properties after the final settlement for i-Park SAC 34 was made.
Tropicana Corp Bhd is expanding its business model beyond township development as part of a broader strategy to diversify its revenue streams through hospitality, recurring income and asset management initiatives.
Bina Puri Holdings Bhd has secured scheme‑creditor approval for its proposed scheme of compromise and arrangement, moving a key step closer to formalising its debt restructuring under Sections 366 and 368 of the Companies Act 2016.
The only property app you need. More than 200,000 sale/rent listings and daily property news.
