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Ideal Property Group launches business hub in Penang Technology Park @ Bertam
Ideal Business Hub is a 28-acre freehold development offering 88 bungalows,semi-detached and cluster-type factories.
DONE DEAL: Factory, Jenjarom Industrial Park, Banting, Selangor
DONE DEAL: Bungalow, Taman Duta, Kuala Lumpur DONE DEAL: Condo unit, Menara Bukit Ceylon, Bukit Ceylon, Kuala Lumpur Jenjarom is expected to grow as a town, with new industrial projects and mixed developments under construction or being proposed.
Juwai IQI: Malaysia’s average residential rent increased 3.9% q-o-q in 2Q2024
Kuala Lumpur has the highest average rent at RM2,863, or 44% higher than the country average (RM1,995) and 51% higher than Selangor’s (RM1,899).
Sime Darby Property’s The Signature Collection Twin Factories at Elmina Business Park Stage 2 fully sold out
These twin factories are equipped with key features tailored for modern businesses.
Gamuda gets A$243 mil Australian wind farm construction contract
The project will comprise 38 turbines with a generating capacity of 228 megawatts when the wind farm begins operations in 2027, Gamuda said in a statement.
Gamuda plans one-for-one bonus issue, posts higher 4Q net profit
In a filing with the stock exchange, the group said the bonus shares will be issued as fully paid, at no consideration and without capitalisation of the group’s reserves.
Malaysian companies to start complying with sustainability reporting framework in phases from 2025, says SC
With the launch of the NSRF, Malaysia joins more than 20 jurisdictions around the world, representing a collective global gross domestic product (GDP) of 55%, which have adopted or are moving towards implementing IFRS S1 and S2 standards, pertaining to sustainability and climate-related financial disclosures.
Rooftop solar quota for households under net energy metering fully subscribed again
An initial quota of 150MW for NEM Rakyat was fully taken up in November 2023, alongside the initial 800MW for commercial and industrial segment dubbed NEM Nova.
IOI Properties plans more industrial parks as it eyes 20% revenue contribution from the segment
IOI Properties group chief operating officer Teh Chin Guan: "With three industrial parks, including one under planning, in industrial growth areas such as Johor, Selangor and Melaka, I am confident that the launch of the IOI Industrial Park series readily positions the group as one of the premiere industrial developers in the country.
Mapletree Logistics Trust to divest three Malaysian properties for RM157.5m
According to the trust, the proposed divestments are in line with the manager’s strategy to “rejuvenate” its portfolio through selective divestments SINGAPORE (Sept 10): Mapletree Logistics Trust (MLT) has proposed to divest three of its properties in Malaysia for RM157.
