News by theedgemalaysia.com

Majestic Gen Bhd (KL:MAGEN) has achieved 100% take-up for its Gen Sphere freehold serviced apartment development in Johor since its launch in July 2025.

Coronade Properties Sdn Bhd has officially commenced Phase 2 of its Coronation Square integrated development in Johor with a groundbreaking ceremony for Coronation Square Mall, which is set to become the largest retail mall in the Johor Bahru city centre.

Pavilion Real Estate Investment (REIT) (KL:PAVREIT) launched the Pavilion Loves Sustainability initiative in conjunction with Sustainability Week 2026 on Wednesday (May 6), featuring several retailers at the EcoHub pop up in Pavilion Bukit Bintang and Pavilion Bukit Jalil.

Malaysia’s central bank kept the benchmark interest rate unchanged on Thursday as expected while keeping a close eye on the ongoing geopolitical conflict in the Middle East.

Mudajaya Group Bhd (KL:MUDAJYA) said a lawsuit it had initiated over properties it was promised as payments for construction work on a mixed-development project in Kuala Lumpur will go back to the High Court for a full trial.

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

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.

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

According to them, the Public Private Partnership Unit of the Prime Minister's Office will be awarding the consortium with a letter of intent on Tuesday.

Maxim Global Bhd (KL:MAXIM) has received a mandatory takeover offer of 24 sen per share from its managing director Tan Sri Gan Seong Liam.