News by theedgemalaysia.com

Penang-based property developer Ewein Bhd's (KL:EWEIN) shares will be traded under its new name, Skygate Solutions Bhd (KL:SKYGATE), effective Friday.

Pavilion Real Estate Investment Trust’s (KL:PAVREIT) net property income (NPI) increased 18.8% year-on-year in the second quarter ended June 30 (2QFY2024) to RM120.3 million against RM101 million a year ago.

Econpile Holdings Bhd (KL:ECONBHD) said Retirement Fund Inc (KWAP) has ceased to be a substantial shareholder in the piling and foundation specialist.

Property developer GD Group has ventured into industrial park development, launching the Sikamat Industrial Park in Vision Valley 2.0, Negeri Sembilan.

Integrated construction and property company PTT Synergy Group Bhd (KL:PTT), which recently announced a one-for-one bonus issue exercise, is acquiring two parcels of land with semi-detached factories in Selangor from Sime Darby Property Bhd (KL:SIMEPROP) for RM22 million in cash.

Berjaya Land Development Sdn Bhd unveiled a premium landed residential development called Jesselton Courtyard at Jesselton Selatan located in George Town, Penang.

Kedah, particularly in Kulim, has witnessed the highest influx of foreign investments for the manufacturing sub-sector in the country in the first quarter of this year (1Q2024), according to Knight Frank Malaysia executive director of land and industrial solutions Allan Sim.

International property consultancy firm Knight Frank forecasts that Kuala Lumpur’s prime office rental and vacancy rates will remain unchanged and stable for the next 12 months.

LBS Bina Group Bhd (KL:LBS) unveiled a double-storey semi-detached development called Imperial Garden located at Bandar Putera Indah of Batu Pahat, Johor. The development has an estimated gross development value of RM237 million.

The Kuala Lumpur International Airport (KLIA) aerotrain is expected to resume operations by the first quarter of 2025, according to Transport Minister Anthony Loke.