Econpile Holdings Bhd (KL:ECONBHD) has secured a RM42.82 million subcontract to undertake piling works for the Mutiara Line light rail transit (LRT) project in Penang.

The High Court has fixed next Monday (June 9) to deliver its decision on whether to grant leave (permission) to the former operator of KL Tower to initiate proceedings against eight individuals and entities, including the government, for committal.

Property developer Paramount Corp Bhd (KL:PARAMON) is keeping invested in Eco World International Bhd (KL:EWINT), in which it bought a 21.45% stake last year to speed up its overseas expansion, despite EWI’s recent decision to shift its focus to the Malaysian property market instead.

EdgeProp Malaysia has published Blueprint for Wellness: Townships Redefining Healthy Living in 2025—a special report that showcases 16 thoughtful townships promoting healthy-living lifestyles.

The Malaysian Anti-Corruption Commission (MACC) has once again seized Ilham Tower in Jalan Binjai here, owned by the family of the late Tun Daim Zainuddin, this time in connection with alleged money laundering.

The Real Estate and Housing Developers' Association (Rehda) Institute has called for an owner-led urban renewal model, backed by clear safeguards to prevent displacement and ensure fair compensation for the affected property owners in urban redevelopment.

Revenue Group Bhd, a provider of cashless payment solutions based in Malaysia, is selling an industrial property in Taman Bukit Maluri Industrial Park, Kuala Lumpur, for RM23 million.

Second Home Plan (MM2H) Sdn Bhd has been launched as a one-stop relocation platform to help foreign nationals to buy homes in Malaysia through the Malaysia My Second Home (MM2H) programme.

Construction company Nestcon Bhd (KL:NESTCON) said its plan to diversify into property development for more revenue sources will take more time and be revised.

Noteworthy:

• Freehold
• Built-up size: 678 sq ft
• 1 bathroom
• Semi-furnished
• Nearby amenities: Sunway 163 Mall, Publika Shopping Gallery, Mont’Kiara International School, Global Doctors Hospital
• Accessibility: SPRINT-Damansara and Penchala links, LDP, DUKE, NKVE

When: December 2024