Axis REIT successfully raises RM449.7m via private placement
In view of the upcoming enlarged unit capital from this placement, Axis REIT had declared on Tuesday an advance fourth interim distribution of 1.
After 22% rally this year, analysts downgrade IGB REIT to ‘hold’
IGB REIT’s valuation appears stretched after this year’s rally, AmInvest said, at just under two times net asset value compared with peers like Sunway REIT and Pavilion REIT at slightly over one time NAV.
Archidex 2025 to occupy two venues, MITEC and KLCC, next year
Archidex 2024 generated RM1.
Symphony Life's ex-CFO, adviser charged for using company funds to buy Cycle and Carriage Bintang shares
The pair were charged under Section 218 of the Companies Act 2016 together with Section 34 of the Penal Code.
DONE DEAL: Condo unit, Ara Hill Condominium, Ara Damansara, Selangor
DONE DEAL: Factory, Taman Ekoperniagaan, Johor Bahru, Johor DONE DEAL: Bungalow, Bangsar, Kuala Lumpur Up to 27% of non-landed units in Ara Damansara, which is the majority, have less than 500 sq ft in terms of built-up space.
KLCCP Stapled Group appoints Salem Kailany as CEO
Salem, 55, a seasoned professional in the property development and real estate sector, will be stepping into the role to oversee KLCC REIT’s operational and strategic direction.
Suling Hill Development launches RM1.3 bil Northern TechValley @ BKE industrial park in Penang
Spanning 176 acres, the RM1.
Revival of five LRT3 stations now estimated to cost RM5.3b, says deputy minister
This is higher than the RM4.
BlackBerry picks Cyberjaya as HQ for Asia-Pacific cybersecurity ops
Already operational, this regional hub marks a milestone in BlackBerry’s Apac strategy, positioning the company close to emerging technology centres and key government infrastructure.
Mah Sing, Bridge Data Centres ink second JV to expand DC Hub@Southville City to 300MW power capacity
This latest partnership builds on the initial agreement signed in May 2024 and together, these agreements increase the total planned power capacity to 300MW.
