In a filing with Bursa Malaysia, the retail REIT, which owns six neighbourhood shopping centres throughout Peninsular Malaysia, said Johari Shukri will take over as the CEO from June 11.

S P Setia Berhad was awarded double Gold at the FIABCI World Prix d’Excellence Awards 2022, thus breaking the record as the Malaysian developer with the most World Golds.

Malaysian Resources Corporation Berhad (MRCB) has launched Ipoh Raya Integrated Park, marking the developer's first foray into the industrial and logistics market.

RHB Retail Research said Capitaland Malaysia Trust is in the process of consolidating sideways above the 21-day average line, with improved trading volume seen on Thursday (June 9) – forming a “higher low” bullish pattern.

RHB Retail Research said Axis REIT is set to reclaim its historical high after rebounding above the previous breakout level of RM1.92 following the recent pullback – firming up its bullish bias above the breakout level.

The draft Ampang Jaya Municipal Council Local Plan 2035 (RT MPAJ) was unveiled on May 30. It will be on public display until June 29 for stakeholders to send in their objections, if any.

The company has chosen Penang as its next outlet location as there has been a missing opportunity in the northern state, Cheah was cited saying, noting that the Mitsui Outlet has been gaining traction in the past years from mid-income earners.

In a statement, Hap Seng Consolidated's chairman Thomas Karl Rapp said, "We are pleased to announce the first Marriott Executive Apartments in Kuala Lumpur, and more importantly, to add another exciting project to our growing hospitality portfolio in Malaysia."

According to GSH, works were to be completed by Dec 2021 but merely 45% completed for now, and NTSJ had received claims of around RM9 million by its subcontractors and suppliers.