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Corporate : property

PR1MA Appoints Brian Iskandar Zulkarim As Its Group CEO

KUALA LUMPUR, Feb 13 (Bernama) -- PR1MA Corporation Malaysia has appointed Brian Iskandar Zulkarim as its group chief executive officer (CEO), effective Jan 1, 2026.

Gamuda Land Reaffirms Malaysia Focus, Highlights 'Money Mari Home' Initiative

KUALA LUMPUR, Feb 13 (Bernama) -- Gamuda Land, the property arm of Gamuda Bhd, said Malaysia remains its core market within its geographically diversified portfolio as it continues to strengthen its regional footprint across Malaysia, Vietnam, Singapore, Australia and the United Kingdom.

Polymer Link Targets Growth In Australia After Opening New Warehouse Facility

KUALA LUMPUR, Feb 12 (Bernama) -- Plastic powder manufacturer Polymer Link Holdings Bhd is targeting growth in Australia following the leasing of a new warehouse facility there.

Kinergy Secures Hydropower Virtual PPA With Safran

KUALA LUMPUR, Feb 9 (Bernama) -- Sustainable energy solutions provider Kinergy Advancement Bhd has signed a corporate virtual power purchase agreement (VPPA) with Safran Landing Systems Malaysia to leverage hydropower assets to provide a stable, dispatchable green energy supply. 

Ringgit Opens Little Changed Against US Dollar On Mixed Global Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 9 (Bernama) -- The ringgit opened nearly unchanged against the US dollar on Monday, as mixed global sentiment capped gains while investors assessed political developments and major currency moves.

UDA Optimistic Malaysian Property Market Will Remain Resilient This Year

KUALA LUMPUR, Feb 6 (Bernama) --  UDA Holdings Bhd is optimistic that the outlook for the domestic property market will remain resilient, with more targeted growth in 2026, driven by various key initiatives implemented by the government to stimulate property ownership and maintain domestic market stability.

Malaysia’s Property Market Transaction Value Expected To Hit RM250 Bln In 2026

KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia’s property market continues to grow at a steady pace, with the total transaction value expected to exceed RM250 billion this year, said Housing and Local Government Minister Nga Kor Ming.

GLL Proposes To Offer RM1.10 Per Share To Privatise GuocoLand Malaysia

KUALA LUMPUR, Feb 3 (Bernama) -- GLL (Malaysia) Pte Ltd (GLLM), the controlling shareholder of GuocoLand (Malaysia) Bhd (GLM), has proposed to privatise GLM through a selective capital reduction and repayment exercise, offering RM1.10 in cash per share to minority shareholders, involving a total consideration of about RM269.44 million (S$86.91 million).

Malaysia's Zus Coffee Expands Into Thailand, Eyes 50 Outlets By 2026

BANGKOK, Jan 30 (Bernama) -- Malaysian coffee chain Zus Coffee plans to open 50 outlets in Thailand in 2026, following its official debut in the Kingdom on Friday.

KLCCP Stapled Group's Net Profit Rises To RM1.28 Bln In FY2025

KUALA LUMPUR, Jan 29 (Bernama) -- KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), increased its net profit to RM1.28 billion in the financial year ended Dec 31, 2025, (FY2025) from RM1.02 billion in the preceding year.

Rubber Market Ends Higher On Supply Tightness Concerns, Firmer Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, Jan 28 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by greater expectation of supply tightness, said a dealer.

Rubber Market Ends Lower On Weaker Regional Futures, Falling Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, Jan 27 (Bernama) -- The Kuala Lumpur rubber market ended lower today, tracking the downward movement in regional rubber futures and benchmark crude oil, said a dealer.