Johor-based property developer Paragon Globe Bhd (KL:PGLOBE) is acquiring a parcel of land, measuring 9.84 acres in Plentong, Johor Bahru, for RM13.5 million.

Binastra Corp Bhd (KL:BNASTRA), formerly known as Comintel Corp Bhd, said it has secured a contract worth RM315 million to build two blocks of residential apartments in Bandar Tasik Selatan, Kuala Lumpur.

Shares in Sime Darby Property Bhd (KL:SIMEPROP) notched another fresh six-year high in active trade on Friday, after the real estate developer announced an internal reorganisation.

Parkson Holdings Bhd (KL:PARKSON) said two of its units in mainland China have renewed their respective tenancy for another 10 years until December 2034.

TAFI Industries Bhd's (KL:TAFI) wholly-owned unit, TA Furniture & Projects Sdn Bhd (TAFPSB) is disposing of one of its industrial premises comprising a factory annexed with a storey office in Muar, Johor for RM12 million.

Integrated logistics solutions provider Tasco Bhd (KL:TASCO) plans to invest an additional RM400 million from now to 2026 to expand its warehouse capacity.

Nestcon Bhd (KL:NESTCON) has secured a RM37.7 million contract for construction works on a development project in Kota Seri Langat in Banting, Selangor.

Nextgreen Global Bhd (KL:NGGB) has signed a memorandum of understanding (MOU) with Sawit Palm Oil Industrial Cluster Sdn Bhd (SPOIC) to collaborate on establishing the 400-acre Green Technology Park Sandakan in Sabah.

Sime Darby Property Bhd (KL:SIMEPROP) announced that it has proposed an internal reorganisation, which involves transferring selected assets, liabilities and business activities to its wholly-owned subsidiaries.

The Malaysia Digital Economy Corporation (MDEC) is encouraging local companies to expand their horizons as investors are paying attention to fast-growing companies, citing the potential of the digital platform economy.