KUALA LUMPUR (Jan 27): Ekovest Bhd (KL:EKOVEST) and Knusford Bhd (KL:KNUSFOR) have agreed to have another six months to discuss a merger deal worth RM450 million. Under the proposal, Ekovest will dispose of its entire stake in Ekovest Construction Sdn Bhd (ECSB) to Knusford for RM450 million. Knusford will finance the purchase via the issuance…
Read MoreKUALA LUMPUR (Jan 27): Property developer Symphony Life Bhd (KL:SYMLIFE) has emerged as the largest shareholder of Vizione Holdings Bhd (KL:VIZIONE) with a 25.88% stake, after subscribing to the entire private placement by Vizione. Symphony Life’s wholly owned unit Symphony Life Capital subscribed to the entire 143 million shares offered under Vizione’s private placement for…
Read MoreTUAH 1895 grand opening unveils new hub of food, culture, lifestyle at Bukit Bintang City Centre “TUAH 1895 is more than just a place to dine, it is a space where people come together to enjoy exceptional food, connect with one another, and experience the vibrant energy of Kuala Lumpur,” said BBCC Development Sdn Bhd…
Read MoreKUALA LUMPUR (Jan 24): After spending RM719.4 million to acquire eight new assets in 2024, Axis Real Estate Investment Trust (Axis REIT) (KL:AXREIT) said it will continue to aggressively source potential acquisition targets, particularly industrial properties. Axis REIT Managers Bhd chief executive officer and executive director Leong Kit May (pictured) shared that the REIT is…
Read MoreScientex, EdgeProp Malaysia, AFFIN BANK forge partnership to launch exclusive homebuyer rewards for Mori Residences 2 The campaign offers START members with rewards worth more than RM55,000 when they buy duplex units (starting from RM663,000) and penthouse units (starting from RM998,000) at Mori Residences 2 at Rawang. RAWANG (Jan 23): Scientex Bhd has entered into…
Read MoreMah Sing’s top management commemorate the momentous 30th Anniversary milestone with a sand-pouring gambit. Mah Sing Group Bhd (Mah Sing) commemorated its momentous 30th Anniversary milestone during its annual dinner, bringing together 700 employees nationwide to honour three decades of innovation, growth and achievements in the property industry. Themed A Luminous Gala, the celebration highlighted…
Read MoreKUALA LUMPUR (Jan 23): Gamuda Land, in collaboration with Meaningfull Life, is launching Malaysia’s first integrated eldercare facility within its twentyfive7 township, setting a new benchmark for multi-generational community living. The Meaningfull Clubhouse at Quayside Plaza is scheduled to open in March 2025, offering a pioneering eldercare model that integrates professional services within the township’s…
Read MoreKUALA LUMPUR (Jan 23): KIP Real Estate Investment Trust (KL:KIPREIT) said it remains in acquisition mode, aiming to expand its portfolio with more retail and industrial properties. The group wants to hit RM2 billion in assets under management “as soon as possible”, said chief executive officer Valerie Ong Pui Shan (pictured) at a press conference after…
Read MoreKUALA LUMPUR (Jan 23): The High Court allowed the forfeiture of Ricky Wong Shee Kai’s (pictured) luxury condominium unit at Four Seasons Place in Kuala Lumpur, as well as RM445,039.28 in the businessman’s personal fixed deposit account. The property is owned by Havana Bayview Sdn Bhd, of which Wong is a director and substantial shareholder….
Read MoreKUALA LUMPUR (Jan 23): Sentral Real Estate Investment Trust (KL:SENTRAL) is poised for modest earnings growth in fiscal year 2025 (FY2025), driven largely by rental reversion across the REIT’s portfolio, according to analysts. In a note on Thursday, CIMB Securities said that the company’s earnings are expected to grow 2.3% year-on-year (y-o-y), supported by rental…
Read More
Taman Persiaran Masjid Sultan 8, situated in the ..
