News by M

Paramount Corporation Bhd (KL:PARAMON) said it has so far issued RM190 million under its RM500 million perpetual securities programme.

EdgeProp has collaborated with PropNex Malaysia, one of the nation's fastest-growing real estate agency networks, to produce the Malaysia Property Market Overview 1Q2026

118 Mall is on track to open this August, introducing a new retail and lifestyle destination at the base of Merdeka 118, the world’s second tallest building.

Tropicana Corp Bhd has completed the structural framework of SouthPlace 2 Shoppes & Residences at its 88-acre Tropicana Metropark township in Subang Jaya, marking the occasion with a topping-off ceremony yesterday. 

SkyWorld Development Bhd has formalised a strategic collaboration with  Malaysian government agency Majlis Amanah Rakyat (MARA) through the exchange of a memorandum of understanding (MOU) at the MARA Synergy Summit: Sustainability as the Nation’s Growth Engine, held in conjunction with MARA’s 60th anniversary at the World Trade Centre Kuala Lumpur.

The potential sale of Marina One, a mixed-use development in Singapore owned by M+S Pte Ltd, is said to have attracted bidders including CapitaLand Group and Hongkong Land Holdings Ltd, international news wires Bloomberg reported.

Rivertree STF Synergies Bhd (RSSB) is undertaking a significant property portfolio restructuring exercise — acquiring two serviced apartment development companies with a combined gross development value (GDV) of approximately RM654.80 million while simultaneously divesting a near-completed mixed development project in Kuala Kubu Baharu, Hulu Selangor, in a series of transactions announced on Bursa Malaysia today.

Magni-Tech Industries Bhd has announced that its wholly-owned subsidiary, Magni Land Sdn Bhd (MLSB), entered into a Sale and Purchase Agreement (SPA) yesterday (May 5) with Neoh Choo Ee & Company Sdn Bhd for the acquisition of a freehold parcel of vacant land in Bandar Tanjong Bungah, Daerah Timur Laut, Pulau Pinang for a total cash consideration of RM133.33 million, to be funded entirely from the group's internally generated funds.

Capital A Bhd is in talks with a major hotel chain to extend the AirAsia brand into the hospitality sector.

Chow said the majority of the key matters in the agreement regarding the joint venture company have been finalised, with the agreement signed on April 13.