Country Heights to sell South Africa-based unit for RM600,000
According to Country Heights, Versatile Champion owns a parcel of land measuring 526.
Shopping mall operators urge deferment, staggered SST expansion amid rising cost concerns
The Malaysia Shopping Malls Association pointed to ongoing global economic uncertainties, including tariff wars, supply chain disruptions, and intensifying regional and digital competition, which continue to challenge retail businesses.
Berjaya Land sells 80% stake in Vietnamese property developer for RM202m
The group said its wholly-owned subsidiary, Berjaya Leisure (Cayman) Ltd, is divesting the 80% stake in Berjaya-Handico12 Co Ltd (BHandico12) to two Vietnamese firms, namely Dong Thinh Phat Land JSC and Green Hill Construction Investment JSC.
Binastra’s latest construction win signals clientele diversification efforts, say analysts
However, analysts are divided on the margins from new clients, at least in the initial stage, compared with the 9%-10% enjoyed by the company through relationship with key clients such as EXSIM Development Sdn Bhd, Maxim Global Bhd (KL:MAXIM) and Platinum Victory Sdn Bhd.
Tower REIT CEO Martin Kung steps down after six months at the helm
The 46-year-old, who does not hold any stake in the REIT, is resigning to pursue other career opportunities, the company said in a Bursa Malaysia filing on Wednesday KUALA LUMPUR (June 11): Tower Real Estate Investment Trust (KL:TWRREIT), the REIT arm of the Hong Leong Group, announced that Martin Kung Boon Keat, the CEO of its REIT manager GLM REIT Management Sdn Bhd, will step down from his post on June 12, 2025.
Vizione, Permaju Industries mutually terminate RM490m Sabah housing construction contract
The contract was awarded to Vizione's wholly owned subsidiary, Bina Permai Sdn Bhd, by Permaju Industries' wholly owned unit, Permaju Property Sdn Bhd, in December 2023.
Kim Teck Cheong acquires land in Kota Kinabalu to develop distribution and warehouse hub
Kim Teck Cheong Consolidated said the development of the land into a distribution and warehouse hub will improve operational efficiency, supply chain control, and reduce reliance on third-party logistics KUALA LUMPUR (June 11): East Malaysia-based consumer goods distributor Kim Teck Cheong Consolidated Bhd (KL:KTC) said it is acquiring 15.
Bertam Alliance to exit PN17 after seven years
Bertam Alliance first fell into PN17 status on April 4, 2018, following a winding-up order issued against its wholly owned unit, Bertam Development Sdn Bhd, which accounted for at least 50% of the company’s total assets at the time.
DayOne secures RM15b multicurrency financing for data centres in Johor
The financing involves CIMB Group Holdings Bhd, Crédit Agricole, DBS Bank Ltd, Malayan Banking Bhd, Standard Chartered, United Overseas Bank, and Oversea-Chinese Banking Corporation Ltd.
Arcoris Residences, Mont’Kiara condo unit, Kuala Lumpur sold for RM1.6m | DONE DEAL
Bandar Putra, Kulai, Johor terrace house sold for RM370k | DONE DEAL Office suite in Wisma YNH (Kiara 163), Mont’Kiara, Kuala Lumpur sold for RM505k | DONE DEAL Average transacted price per sq ft for non landed residential properties around Arcoris Residences, Mont’Kiara went up by about 1.
