Co-working space provider INFINITY8 opened its first Penang outlet located at the former Standard Chartered Bank in Beach Street, George Town on Sunday.

Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), signed a memorandum of understanding (MOU) with Trendcell Sdn Bhd to open Jaya Grocer at Gamuda Cove in Kuala Langat.

The recently soft-launched Elmina Lakeside Mall attracted over 180,000 patrons throughout its opening week from Aug 22 to 29.

The potential revival of the MRT 3 project, alongside revivals in other government infrastructure, point towards a better year for the construction sector going into FY2025, CGS International said.

Mass Rapid Transit Corp Sdn Bhd (MRT Corp) said on Friday that it will be undertaking a three-month public inspection exercise to gather feedback from members of the public on the planned MRT3 project, also known as the Circle Line.

Axis Real Estate Investment Trust (KL:AXREIT) is proposing a private placement to raise up to RM454.99 million for repayment of bank financing.

Malaysian Resources Corp Bhd’s (KL:MRCB) net profit for the second quarter surged more than fourfold to RM51.18 million from RM10.87 million a year earlier, as contribution from its construction segment doubled.

Property developer SkyWorld Development Bhd (KL:SKYWLD) has proposed to jointly develop a property in Vietnam's  Binh Duong Province, its  second venture in that country.

Ekovest Bhd (KL:EKOVEST) narrowed its net loss to RM64.87 million for its fourth quarter ended June 30, 2024 (4QFY2024) from RM95.66 million a year earlier, helped by a turnaround in the performance of its associate.

The suspension of new construction approvals in the city and the requirement for all projects to comply with geotechnical reports is an “overkill”, said Dexter Koh, deputy president, Malaysian Institute of Architect.