Ahmad Zaki Resources unit gets winding-up petition over RM5.86 mil payment dispute According to AZRB's bourse filing, Giga Engineering is claiming that its wholly owned Ahmad Zaki Sdn Bhd (AZSB) had failed to settle the sum, which led to the initiation of the winding-up proceedings. KUALA LUMPUR (July 9): Ahmad Zaki Resources Bhd (KL:AZRB) said on Wednesday that one of its...
July 2025
BNM's OPR cut lifts sentiment but offers limited boost to REITs—analysts Malaysian REITs would still leverage on robust domestic spending, lower bond yields and active inorganic growth strategies, according to RHB Investment Bank Bhd. KUALA LUMPUR (July 10): Bank Negara Malaysia's (BNM) overnight policy rate cut may improve sector sentiment, but its impact on real estate...
CGS expects Kitacon to see stronger earnings in 2HFY2025 from project completions, better profit margins Growing market interest for Kitacon project developments could be reflected by a tenderbook of RM913 million (17% industrial and 83% residential projects) as of June 23, 2025. KUALA LUMPUR (July 10): Kumpulan Kitacon Bhd (KL:KITACON) is expected to see stronger earnings...
New home launches around soon-to-start LRT3 If you are looking to take advantage of rail connectivity via the soon-to-start Shah Alam Line, here are all the upcoming residential projects sprouting around its stations. PETALING JAYA (July 2): Come September, the LRT3 will go live, linking new areas in Petaling Jaya, Shah Alam and Klang to the comprehensive Klang Valley...
MAH SING MAINTAINS STRONG GROWTH TRAJECTORY IN 2025 WITH STRATEGIC EXPANSION AND ESG LEADERSHIP Mah Sing concluded its 33rd Annual General Meeting. (From left) Mah Sing’s Executive Director, Dato’ Steven Ng Poh Seng; Founder and Group Managing Director, Tan Sri Dato’ Sri Leong Hoy Kum; Group Chief Executive Officer & Executive Director, Dato’ Voon Tin Yow; Deputy...
AVALAND ACQUIRES 2.2-ACRE LAND IN PETALING JAYA FOR RM49 MILLION Subang Jaya, 1 July 2025 – Property developer Avaland Berhad (“Avaland”) has entered into an agreement to acquire a 2.2-acre prime development land in Section 13, Petaling Jaya, for RM49 million. Strategically located in the matured and affluent Petaling Jaya neighbourhood, the 2.2-acre site...
TROPICANA UNVEILS THE FIRST BRANDED RESIDENCES IN JOHOR, SUPPORTED BY HOME FINANCING IN PARTNERSHIP WITH MBSB BANK Johor Bahru (2 July 2025) – Property developer, Tropicana Corporation Berhad (“Tropicana”) continues its momentum for Skypark Kepler, its first branded and most luxurious residences in collaboration with the prestigious Banyan Group at Lido...