Approvals to restructure loans and reduce interest on loans for buyers of “sick and abandoned” housing projects are subject to the discretion of the financier, said the Minister of Local Government Development Nga Kor Ming.

Mitrajaya Holdings Bhd’s unit, Pembinaan Mitrajaya Sdn Bhd accepted a RM84.5 million contract for the construction of 31-storey block development in Mukim Batu, Kuala Lumpur.

Permodalan Nasional Bhd (PNB) together with the Employees Provident Fund (EPF) and Kumpulan Wang Persaraan (Diperbadankan) (KWAP) have co-invested in the Kulim II high-tech industrial asset, with a total investment value of RM2 billion.

The National House Buyers Association (HBA) has lauded the Ministry of Local Government Development (KPKT)’s move towards the build-then-sell (BTS) concept, crediting minister Nga Kor Ming and deputy minister Akmal Nasrullah Mohd Nasir “for having the courage and boldness to finally realise” it.

PublicInvest Research and CGS-CIMB Research have kept their target prices (TPs) for Axis Real Estate Investment Trust (Axis REIT) unchanged, following its recently announced financial results for the third quarter ended Sept 30, 2023 (3QFY2023).

): I-Bhd has collaborated with CelcomDigi Bhd for the deployment of the telecommunications company's fibre infrastructure together with access to 5G and technology in the developer's i-City development in Shah Alam.

YNH Property Bhd has come out to say that the qualified opinion issued by its external auditor last Friday (Oct 27) is only limited to its joint venture (JV) and turnkey contracts for property development work.

Ekovest Bhd has entered into binding heads of merger agreement (HOA) with its major shareholders, Tan Sri Lim Kang Hoo and another sister company, Knusford Bhd, as part of a proposed consolidation exercise to streamline the tycoon’s shareholdings in a group of companies.

Meta Bright Group Bhd has proposed to diversify into the building materials trade through the acquisition of a 70% stake in a ready-mixed concrete manufacturing business in Sabah for RM28.04 million.

Axis Real Estate Investment Trust's (Axis REIT) net property income (NPI) for the third quarter ended Sept 30, 2023 (3QFY2023) increased marginally by 0.67% to RM61.9 million compared with RM61.49 million, on the back of higher property income.