Illustration (AI-generated)Hektar REIT cancelled its EGM on Nov 16, 2026. The meeting was for unitholders to approve the acquisition and lease of KYS KL East International School. The cancellation is due to outstanding conditions in the sale and purchase agreement. The decision was made by the manager's board.
Photo: The SunParamount Corporation Bhd is partnering Mitsui Fudosan for a RM1.34 billion serviced apartment project in Jalan Ampang, Kuala Lumpur. The project will be undertaken through a joint venture. Paramount will dispose of a 49% stake in Meridian Kuasa Sdn Bhd to Mitsui Fudosan.
Vertex Material secured a 15-year offtake agreement with Sky-Dweller Construction LLC. The deal is valued at US$2.2 billion.
GDB Holdings Bhd has secured a RM1.017 billion contract for a residential development in Desa ParkCity, Kuala Lumpur. The project involves two high-rise residential towers.
KEB Bhd is raising RM79.37m via IPO on Bursa Malaysia's ACE Market. Proceeds will fund land acquisition, project development and debt repayment.
RHB Research has lowered its target price for Pavilion REIT to RM1.91. This is due to softer mall revenue, lower occupancy and higher financing costs in 3QFY26.
Pavilion REIT's 3Q profit fell 2% to RM92 million
Pavilion REIT appointed Lim Shoo Wenn as alternate director. She is the daughter of Chairman Tan Sri Lim Siew Choon.
A plan is underway to develop the Eurasian-Asean Rail Corridor, covering road, rail, and inland waterways. This aims to strengthen trade links between Eurasia and Asean.
Malaysia's data centres and industrial developments are driving demand for digitalisation in construction. Austrian ConTech company PlanRadar notes the need for tighter project controls and better coordination.
HCK Capital launches Falcon Residences
Platinum Premium Suites offers residents lifestyle convenience and investors multiple possibilities. It combines connectivity and dual-key flexibility.
E&O's 1Q profit increased by 29.5% due to stronger property sales. The company is expanding its development footprint.
