The announcement follows the company's successful acquisition of a 100% stake in Setia Gardens Development Sdn Bhd on Aug 28.

BIMB's evaluation comes after mixed earnings results from major companies in the property sector.

The contract was awarded to its wholly-owned subsidiary, Econpile (M) Sdn Bhd, from Platinum Victory Property Sdn Bhd.

The Kuala Lumpur International Airport (KLIA) aerotrain, which links the satellite buildings with the main airport terminal, is expected to resume operations by Jan 31, 2025.

Binastra Corp Bhd (KL:BNASTRA), formerly known as Comintel Corp Bhd, has secured a RM235.5 million contract from Mightyprop Sdn Bhd to undertake construction work for a 39-story serviced apartment in Petaling Jaya, Selangor.

168 Park Selayang Sdn Bhd, a subsidiary of Infra Segi Sdn Bhd, has completed Block C of the leasehold mixed-use development 168 Park Selayang and is ready for vacant possession.

In a bid to promote sustainability in the real estate sector, Green Building Index Sdn Bhd is offering a 20% discount on the registration fee for new projects seeking certification under the Green Building Index (GBI) rating tool.

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.