IGB REIT Proposes RM2.65 Bln Acquisition Of MVS Mall In Johor

KUALA LUMPUR, June 24 (Bernama) -- IGB Real Estate Investment Trust (IGB REIT) has proposed to acquire The Mall, Mid Valley Southkey (MVS Mall) in Johor Bahru for RM2.65 billion.

Taiwan Seeks Stronger Ties With Malaysia In AI, Sustainability, Smart Healthcare -- TAITRA

By Abdul Hamid A Rahman

KUALA LUMPUR, June 23 (Bernama) -- There are three key areas where Malaysia and Taiwan cooperation can go even further, namely artificial intelligence (AI), green sustainability, and smart healthcare, said Taiwan External Trade Development Council (Taitra) president and chief executive officer Simon Wang.

Binastra Records 43 Pct Revenue Growth,; Order Book At RM4.1 Bln In 1Q

KUALA LUMPUR, June 19 (Bernama) -- Binastra Corporation Bhd’s revenue rose by 43 per cent to RM256.8 million in the first quarter ended April 30, 2025 (1Q FY2026), a 43 per cent increase year-on-year (y-o-y) compared to 1Q FY2025.

OCBC Bank Extends RM351 Mln Financing For Strategic Developments In JS-SEZ

KUALA LUMPUR, June 16 (Bernama) -- OCBC Bank (Malaysia) Bhd (OCBC Bank) has extended RM351 million in financing to See Hong Chen Group and EXSIM to support three strategic real estate developments in the Johor-Singapore Special Economic Zone (JS-SEZ).

IIBD To Transform Johor Bahru Into World-class Business Hub

JOHOR BAHRU, June 13 (Bernama) -- The implementation of the Ibrahim International Business District (IIBD) is set to transform Johor Bahru city centre into a world-class business hub, said Johor state housing and local government committee chairman Datuk Mohd Jafni Md Shukor.

Over 100 Global Participants To Attend Nikkei Forum Medini 2025

JOHOR BAHRU, June 11 (Bernama) -- More than 100 international participants from Japan, Singapore, South Korea, Europe, and ASEAN member states have confirmed their attendance at the Nikkei Forum Medini Johor 2025, scheduled to take place from June 18 to 19.

Paradigm REIT Eyeing Three Hotels, KLIA Gateway

KUALA LUMPUR, June 10 -- Paradigm Real Estate Investment Trust (Paradigm REIT), a local real estate investment trust, plans to acquire three hotels and a commercial gateway over the next three years.

Asia Vision Capital Partners JYSigma To Enhance Regional Private Equity Real Estate Funds Business

JOHOR BAHRU, June 9 (Bernama) -- Venture capital company Asia Vision Capital Sdn Bhd (AVC) has teamed up with JYSigma Business Consultancy (JBC) to enhance investor engagement for its private equity real estate funds in the region.

Mah Sing Posts Higher Net Profit Of RM66.04 Mln In 1Q 2025, On Track For Full-Year Sales Target

KUALA LUMPUR, May 30 (Bernama) -- Mah Sing Group Bhd's net profit increased to RM66.04 million in the first quarter ended March 31, 2025 (1Q 2025) from RM60.05 million in 1Q 2024, supported by an increase in the property development segment. 

E&O's FY2025 Net Profit Surges To RM168.65 Million

KUALA LUMPUR, May 28 (Bernama) -- Eastern and Oriental Bhd’s (E&O) net profit jumped to RM168.64 million in the financial year ended March 31, 2025 (FY2025) from the previous financial year’s RM133.60 million.

UDA Offers 422 Property Units To Strengthen Southern Market Presence

KUALA LUMPUR, May 24 (Bernama) -- Leading property developer and asset manager UDA Holdings Bhd (UDA) is reinforcing its presence in Johor with the launch of 422 property units, targeting a broad demographic in a move to boost urban homeownership.

Final E-ART Route Proposal Expected By August

ISKANDAR PUTERI, May 19 (Bernama) -- The final alignment proposal for the Elevated Automated Rapid Transit (E-ART) system is expected to be announced this August, the Johor State Legislative Assembly was told today.