AEON says Aeon Mall Kinta City will be expanded, upgraded
AEON Co (M) Bhd (KL:AEON) announced on Wednesday that its Aeon Mall Kinta City in Perak will be expanded and upgraded in a bid to enhance its retail offerings.
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Vizione to cut share capital by RM500m to offset accumulated losses
Construction player and property developer Vizione Holdings Bhd (KL:VIZIONE) has proposed a share capital reduction of up to RM500 million to eliminate its accumulated losses and strengthen its financial position.
KJTS bags retrofit, maintenance and chilled water supply job from KIP REIT
KJTS Group Bhd (KL:KJTS) has secured a contract from KIP Real Estate Investment Trust (KL:KIPREIT) to provide retrofit works, operations and maintenance (O&M) services as well as provide chilled water supply for seven of the retail property trust’s shopping malls.
Exsim cancels Aperia data centre contract, trying to secure unnamed Japanese firm
Exsim has mutually terminated its contract with Aperia Cloud Services for the Exsim Hyperscale Data Centre @ Bukit Jalil, opting instead to secure a "Japanese Fortune 500 company" as an anchor tenant while continuing to attract significant interest from other potential occupants.
Kerjaya Prospek Property plans two-for-one RCULS to raise RM325m
Kerjaya Prospek Property Bhd (KL:KPPROP) has proposed a renounceable rights issue of redeemable convertible unsecured loan stocks (RCULS) to raise up to RM324.88 million, mainly to fund property development projects and repay bank borrowings.
Mont’Kiara condo unit with limited units available sold | DONE DEAL
Noteworthy:
- Freehold
- Built-up size: 1,236 sq ft
- Floor level: High
- Semi-furnished
- 2 bedrooms, 2 bathrooms
- Nearby amenities: Sunway 163 Mall, 1 Mont Kiara, Plaza Mont’Kiara, Mont’Kiara International School, Garden International School, KLGCC
- Accessibility: SPRINT Kerinichi and Penchala Links, NKVE, DUKE, North-South Expressway, Jalan Duta-Sungai Buloh Highway
When: November 2024
Knight Frank: Malaysia’s high-net-worth individuals drive property market growth amid global rebound
Malaysia’s commercial real estate (CRE) market saw a strong recovery in 2024, in line with the global resurgence in property investment.
Medini Net Zero Carbon CBD receives 5 Diamonds recognition at LCC2030C
Iskandar Investment Bhd (IIB) received 5 Diamonds for the Net Zero Carbon Central Business District (NZCC) within the Medini Innopolis masterplan, in Iskandar Puteri, Johor at the Low Carbon Cities 2030 Challenge (LCC2030C) awards this week.
Construction stocks on Bursa have room to grow as current valuations unjustified, say analysts
Construction stocks in Malaysia have room to improve from currently unjustified valuations, amid booming data centres and upcoming public projects, analysts said.
Mara Inc drafting property valuation policy, to focus only on domestic investments, says PAC
Mara Incorporated Sdn Bhd (Mara Inc) is currently drafting a comprehensive property valuation policy, which is expected to be submitted for board approval in this quarter, according to the Public Accounts Committee (PAC).
