Southern Score Builders Bhd’s (KL:SSB8) 51%-owned subsidiary SJEE Engineering Sdn Bhd has secured a RM105 million contract for subcontract works on a data centre project in Puncak Alam, Selangor.
Sime Darby Property Bhd has marked the topping-off of Kanopi Residences, its first high-rise residential development in Elmina City Centre.
Rivertree STF Synergies Bhd (RSSB), formerly known as Sinmah Capital Bhd, is seeking shareholders’ approval to acquire two property development companies for a combined RM46.288 million and dispose of another for RM12.972 million, as the group reshapes its property development pipeline.
OSK Property has brought forward the launch of Phase 2 of its OSK Ombak beachfront development in Kuantan, Pahang, by 18 months after Phase 1 was fully taken up within three months of its unveiling, according to the developer.
The Real Estate and Housing Developers’ Association Malaysia (Rehda) has welcomed the National Housing Policy (DRN) 2026-2035, while calling for a measured and phased approach in shifting from the existing Sell Then Build (STB) framework to the Build Then Sell (BTS) system.
The company will acquire a 17-acre site at the managed industrial park, located near the West Coast Expressway.
“It also does not reflect PKNS’ overall financial position."
This is the first time Ong has lost his substantial unitholder status — falling below a 5% stake — in Hektar REIT since he emerged in December 2023.
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