Illustration (AI-generated)A Johor Bahru developer must pay RM10.56 million to owners of 84 Princess Cove condo units. The Johor Bahru High Court ruled in favour of the owners. The owners, including Singaporeans, claimed compensation due to project delays.
Illustration (AI-generated)Sunway Construction Group Bhd has secured a RM920.8 million contract variation for MEP fit-out works at a data centre in Johor. The contract is from a US-based technology corporation. The variation order was received by Sunway Construction Sdn Bhd. The project is ongoing in Johor.
Parkland Bhd has received approval for its IPO and Main Market listing. The company develops townships and properties in Johor, Malacca, and Selangor.
Matrix Concepts Holdings Bhd will acquire 432 acres in Kulai, Johor, for RM169.31 million. The land will be used for a mixed development with a GDV of RM2.1 billion.
Kenanga Investment Bank Research maintained a target price of RM1.48 for AME REIT. The trust's net profit was RM20.9 million for the first half of the financial year.
Genting Property and Huawei have partnered to develop a 430-acre AI Smart Campus in Johor Tech Smart City. The campus is part of a larger development.
Astaka Padu and Kimlun Corporation are jointly developing the RM450 million Amora Serviced Residence in Tampoi, Johor Bahru. The project is their fourth collaboration.
