KLCC Property to buy rest of Suria KLCC stake for RM1.95b
KLCC Property Holdings Bhd (KLCCP) is buying the remaining 40% equity interest in Suria KLCC Sdn Bhd, which owns and manages Suria KLCC Mall here, for RM1.95 billion.
WORQ expands Menara 1 Sentrum space; planning three new openings this year
Co-working space WORQ has expanded its outlet at Menara 1 Sentrum, Kuala Lumpur, from its existing Levels 20 and 21, spanning 17,000 sq ft each, to 7,200 sq ft at Level 28 of the building.
Berjaya Land, MRCB shares surge following reported partnership on KL-Singapore HSR bid
Berjaya Land Bhd's (BLand) and Malaysian Resources Corp Bhd's (MRCB) shares reached a record high during Friday's morning trading session, following a report by The Edge that the two construction outfits are teaming up, alongside IJM Corp Bhd and Keretapi Tanah Melayu Bhd (KTMB), to bid for the Kuala Lumpur-Singapore high-speed rail (HSR) project.
RHB IB maintains 'overweight' call on real estate sector, identifying UEM as top proxy in Johor
RHB Investment Bank Research (RHB IB) has maintained its "overweight" rating on the real estate sector, identifying UEM Sunrise Bhd as the top proxy for the segment, with potential benefits extending to Sunway Bhd, IOI Properties and Eco World Development Group Bhd if significant railway infrastructure projects materialise in Johor.
SimeProp's affordable housing venture with Lagenda opens doors to future developments, says HLIB
Sime Darby Property Bhd's (SimeProp) deal with Lagenda Properties to venture into the affordable homes sector could allow the group to explore the viability of the segment, potentially leading to future developments in other states, said Hong Leong Investment Bank (HLIB).
Berjaya Land, IJM, MRCB and KTMB join forces to bid for KL-Singapore HSR job
Berjaya Land Bhd’s (BLand) 70%-owned subsidiary Berjaya Rail Sdn Bhd (BRail) has teamed up with IJM Corp Bhd's unit IJM Construction Sdn Bhd, Malaysian Resources Corp Bhd (MRCB) and national railway company Keretapi Tanah Melayu Bhd (KTMB) to bid for the Kuala Lumpur-Singapore high-speed rail (HSR) project.
Former KWAP CEO Wan Kamaruzzaman appointed MBSB chairman
Malaysia Building Society Bhd (MBSB) has appointed former Kumpulan Wang Persaraan (Diperbadankan) (KWAP) CEO Datuk Wan Kamaruzzaman Wan Ahmad as its chairman with immediate effect.
Kumpulan Jetson plans RM90m share capital reduction; cash call to part-fund majority stake buy in property developer
Loss-making Kumpulan Jetson Bhd has proposed to undertake a share capital reduction (SCR) as well as a private placement exercise to partially fund the acquisition of majority ownership in Melaka property developer Magical Era (M) Sdn Bhd (MESB).
UEM Sunrise's Allevia in Mont'Kiara achieves 90.5% take-up; expects handover in 1Q2025
UEM Sunrise Bhd’s Allevia in Mont'Kiara, Kuala Lumpur has achieved a 90.5% take-up rate and is scheduled for handover in the first quarter of 2025 (1Q2025), according to a statement on Wednesday.
Fajarbaru appointed to develop RM192 mil affordable housing project in Putrajaya
Fajarbaru Builder Group Bhd has been appointed as the developer of a RM192 million affordable housing project in Putrajaya by the federal territory’s local authority.
