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Corporate : property

Taghill Holdings Unit Bags RM133 Mln Contract For Serviced Apartment Project In Shah Alam

KUALA LUMPUR, June 15 (Bernama) -- Taghill Holdings Bhd’s unit, Taghill Projects Sdn Bhd, has secured a contract from Exsim MX4 Sdn Bhd worth RM133 million to construct and complete the main building and infrastructure works for D'Evia @ Kwasa Damansara (Package 2) at Shah Alam, Selangor.

Kerjaya Prospek Secures RM529.3 Mln Contract For Bukit Tunku Development

KUALA LUMPUR, June 15 (Bernama) -- Kerjaya Prospek Group Bhd has secured a RM529.3 million contract from BRDB Developments Sdn Bhd to undertake a development project in Bukit Tunku, Kuala Lumpur.

AirBorneo Among Four New Airlines Allocated Thailand Winter 2026/2027 Flight Slots - CAAT

KUALA LUMPUR, June 15 (Bernama) -- Sarawak-owned airline AirBorneo has been allocated flight slots for Thailand's Winter 2026/2027 schedule, making it one of four new airlines granted operating slots by the Civil Aviation Authority of Thailand (CAAT).

Chow: Penang Govt To Check Development Status Of Taman Manggis Land With Developer

BUTTERWORTH, June 12 (Bernama) -- The Penang state government will obtain information from the developer regarding the current status of a piece of land in Taman Manggis, George Town, which is alleged to still be undeveloped despite having been sold for development purposes.

Sime Darby Property Launches RM1.25 Bln Fund For Data Centres, Logistics Developments

KUALA LUMPUR, June 9 (Bernama) -- Sime Darby Property Bhd (SDP) has launched a RM1.25 billion real estate development fund, the New Economy Venture (NEV), to invest in build-to-suit-to-lease data centres, as well as industrial and logistics development projects within SDP’s key townships in Malaysia.

Thailand Remains Key Market For Malaysian Franchise Expansion, Says Pernas

BANGKOK, June 6 (Bernama) -- Malaysia is stepping up efforts to expand its franchise footprint in Thailand, with Perbadanan Nasional Bhd (Pernas) targeting potential sales of RM30 million through its participation in the Thailand Franchise and Business Opportunities (TFBO) 2026 exhibition.

OSK Property Unveils RM690 Mln Beachfront Development In Kuantan

KUALA LUMPUR, June 5 (Bernama) -- OSK Property Holdings Bhd has unveiled OSK Ombak, a RM690 million freehold beachfront development in Balok Beach, Kuantan, comprising 1,274 fully furnished residential units targeted for completion in 2030.

Malton Unit Seeks To Buy Johor Bahru Land For RM97.23 Mln

KUALA LUMPUR, June 3 (Bernama) -- Malton Bhd’s wholly-owned subsidiary Bukit Rimau Development Sdn Bhd has proposed to acquire a parcel of freehold land measuring 1.5 hectares in Johor Bahru for RM97.23 million.

PIP To Contribute To Malaysia-Thailand US$30 Bln Trade Target

PADANG BESAR, May 30 (Bernama) -- The government is confident that the development of the Perlis Inland Port (PIP) will contribute significantly towards achieving the Malaysia-Thailand bilateral trade target, which is projected to reach US$30 billion by next year.

IOI Properties 3Q Net Profit Jumps More Than Threefold To RM258.11 Mln

KUALA LUMPUR, May 28 (Bernama) -- IOI Properties Group Bhd’s net profit jumped 3.39 times year-on-year to RM258.11 million in the third quarter ended March 31, 2026, for the current financial year (3Q FY2026) from RM76.13 million in the same period last year.

LBS Bina Remains Resilient In 1Q 2026 Amid Rising Costs

KUALA LUMPUR, May 28 (Bernama) -- LBS Bina Group Bhd said it remained resilient for the quarter ended March 31, 2026 (1Q 2026), amid the near completion of development projects and rising costs across the property development sector.

Sunway's 1Q Net Profit Surges To RM9.41 Bln On Remeasurement Of SHH Stake

KUALA LUMPUR, May 26 (Bernama) -- Sunway Bhd’s net profit surged to RM9.41 billion in the first quarter ended March 31, 2026 (1Q FY2026), from RM190.55 million in the same period last year.