TheStar(Jan 2026)

Big gains likely for Sunway shareholders from listing of healthcare arm

HLIB Research said Sunway could receive close to RM900 million from the planned listing of Sunway Healthcare Holdings and redeploy the proceeds into higher-return businesses, especially property. The listing is expected by March 2026 and would dilute Sunways stake from 84% to about 69.5%. The research house expects continued earnings growth, improved transparency from consolidating SHH post-listing and maintained its buy call on Sunway.

EdgeProp(Jan 2026)

GuocoLand posts lower 2Q profit as property contributions ease

GuocoLand reported a 9.48% decline in 2QFY2026 net profit to RM6.67 million despite higher revenue, due to reduced contributions from completed projects. Revenue rose supported by strong sales, improved hotel performance and higher occupancy. First half profit increased, and the group expects moderate property market growth while focusing on inventory disposal and new developments.

EdgeProp(Jan 2026)

Chin Hin Group Property enters 2026 with RM2.3 bil unbilled sales and expanded residential pipeline

Chin Hin Group Property entered 2026 with RM2.3 billion in unbilled sales, providing earnings visibility through FY2027. The group recorded strong growth supported by higher sales and project progress, while expanding its landbank with new acquisitions adding RM3.5 billion GDV. It expects resilient demand for mid market residential products and plans to launch new projects while focusing on delivery and operational efficiency.

EdgeProp(Jan 2026)

Iconic Worldwide secures over RM75m in rental revenue from Batu Kawan factory lease

Iconic Worldwide secured over RM75 million in rental income through a long term lease of its Batu Kawan factory to Aperion Technologies. The lease spans six years with an option to extend, potentially increasing total rental income significantly. The move supports the groups strategy to unlock value from existing assets and strengthen recurring income, enhancing financial stability and profitability.

TheStar(Jan 2026)

Glomac to sell land for RM97mil

Glomac is disposing of two vacant leasehold parcels in Puchong to Sunway Kiara for RM97.3 million. The company said the consideration implies a RM19.12 million premium over the properties combined net book value of RM78.18 million as at April 30, 2025. Glomac added that the price, though below market valuation, is reasonable given the purchasers financial credibility. The buyer is a wholly owned subsidiary of Sunway City.

EdgeProp(Jan 2026)

Paramount to acquire 2.62-acre freehold land in Putrajaya for RM40 mil, plans RM323 mil project

Paramount is acquiring a 2.62-acre freehold site in Putrajaya for RM40 million to develop a high-rise residential project with GDV of RM323 million. The site is near Putrajaya Sentral transport hub and will be funded via internal funds and borrowings.

EdgeProp(Jan 2026)

Property developer JRK Holdings seeks ACE Market listing

JRK Holdings plans to list on the ACE Market to raise funds for working capital and expansion. The company focuses on residential and commercial developments in the Klang Valley and has several ongoing and planned projects. IPO proceeds will support construction, marketing and land acquisition, positioning the group for future growth.

TheStar(Jan 2026)

Kuchai Development to exit Bursa

Bursa Malaysia approved Kuchai Developments voluntary withdrawal from the Main Market effective Jan 22, 2026. The delisting follows the companys Sept 2025 proposal under listing rules and still requires at least 75% shareholder approval at an extraordinary general meeting, with no more than 10% opposing. The company said Bursa Securities had informed it that the entire issued share capital would be removed from the official list upon the withdrawal taking effect.

EdgeProp(Jan 2026)

Sunway unit plans RM10b sukuk wakalah to fund working capital debt refinancing

Sunway plans to establish a RM10 billion sukuk wakalah programme to fund working capital, capital expenditure and debt refinancing. The programme provides financial flexibility to support expansion and corporate activities. Proceeds will also be used for investments and inter company funding within the group, strengthening its overall financial position.

EdgeProp(Jan 2026)

WM Senibong acquires 270-acre land parcel with golf club in Johor

WM Senibong has acquired approximately 270 acres of land in Johor for about RM400 million with GDV of RM6 billion. The site will be developed into a mixed-use township, supporting long-term growth.

EdgeProp(Jan 2026)

CapitaLand Malaysia Trust reports 12.4% rise in 4Q property income, declares 1.27 sen DPU

CapitaLand Malaysia Trust recorded a 12.4% increase in 4QFY2025 net property income to RM81.5 million, driven by newly acquired industrial and logistics assets and resilient retail performance. Distributable income rose 20.1% with a quarterly DPU of 1.27 sen. The trust expanded its portfolio and maintained occupancy above 93%, supporting stable income growth and future expansion.

EdgeProp(Jan 2026)

Property developer KEB seeks ACE Market listing

KEB Bhd plans to list on the ACE Market to raise funds for land acquisition and working capital. The IPO involves issuance of new shares and an offer for sale by existing shareholders. The group has completed multiple projects and has ongoing and planned developments across several states. It aims to expand its landbank and pipeline to support future growth.

TheStar(Jan 2026)

Ingenieur in RM22mil asset disposal

Ingenieur Gudang is selling a freehold industrial property in Seremban to Baba Products for RM22 million. The company said the site comprises a single-storey detached factory and a two-storey office. Management said the disposal unlocks value, strengthens cash flow and supports working capital needs. The transaction is expected to generate an estimated net gain on disposal of about RM5.8 million, which will be used for the groups day-to-day operations.

EdgeProp(Jan 2026)

EcoFirst posts lower 2Q profit on weaker showing by property, investment segments

EcoFirst reported a 28.5% year on year decline in 2QFY2026 net profit to RM2.43 million, with revenue falling due to weaker contributions from property development and investment segments. Despite weaker quarterly performance, first half profit rose supported by lower finance costs and progress in its KL48 project. The group plans to launch a mixed development in Kajang with GDV exceeding RM400 million.

EdgeProp(Jan 2026)

Sunway makes cash share offer to take over IJM Corp at RM11 bil

Sunway proposed a RM11 billion cash and share acquisition of IJM Corp to strengthen its scale and capture growing investment opportunities in Malaysia. The deal offers a premium to IJM shareholders and could position the merged entity among the largest construction groups. Completion is targeted by 3Q2026, subject to approvals and shareholding thresholds.

TheStar(Jan 2026)

Axis-REIT inks deal for Senai industrial asset

Axis-REIT agreed to acquire a double-storey factory with offices and ancillary buildings on 0.8094ha in Senai, Johor, for RM34.61 million from Banyan Estate Malaysia. The property is leased to FCI Connectors Malaysia for five years, with a renewal option and starting monthly rent of RM20,653.40 or RM1.80 psf on about 115,363 sq ft. Management said the acquisition, funded by bank financing, adds a high-quality income-generating industrial asset in the Johor-Singapore Special Economic Zone and supports long-term recurring rental returns.

EdgeProp(Jan 2026)

BWYS to sell Bukit Changgang land for RM67m, acquire Tanjong Duabelas site for RM94.5m

BWYS will dispose of its Bukit Changgang property for RM67 million and acquire new industrial land for RM94.5 million. The move unlocks value from non-core assets while supporting expansion and improving capital efficiency.

EdgeProp(Jan 2026)

Country View more than doubles dividends after 79% rise in 4Q net profit

Country View reported a 79% increase in 4Q net profit to RM18.78 million, driven by higher revenue and project progress. The group significantly increased its dividend payout, reflecting strong financial performance. Growth was supported by property sales and land disposals in Johor. The company expects continued demand supported by infrastructure developments and investment in Iskandar Malaysia.

EdgeProp(Jan 2026)

SDS Group to buy Johor Bahru land for RM102 mil to build new factory

SDS Group is acquiring 14.3 hectares of land in Johor Bahru for RM101.7 million to develop a new manufacturing facility. The land is located opposite its existing operations and will support expansion and efficiency. The purchase is subject to shareholder approval and expected to complete in 2H2026.

TheStar(Jan 2026)

Paramount to buy Putrajaya land for RM40mil

Paramount is acquiring 2.62 acres of freehold land in Putrajaya for RM40 million through its wholly owned unit Phoenix Blanc. The group said the site is near Putrajaya Sentral Station, offering MRT, ERL and bus links to Putrajaya, Cyberjaya, Kuala Lumpur and KLIA. The parcel is part of its land replenishment strategy and is intended for a high-rise residential development with estimated GDV of RM323 million, with launch targeted about a year after completion of the sale and purchase.

TheStar(Jan 2026)

SC Estate Builder to acquire 25% stake in hotel

SC Estate Builder plans to acquire a 25% stake in Sentosa Regency Hotel in Alor Setar for RM18.79 million from the mother of its chairman. The purchase will be settled via redeemable convertible preference shares. Management said the move supports plans to expand beyond its current businesses and create an additional income stream, although the hotel has been closed since 2021.

EdgeProp(Jan 2026)

KLCCP Stapled declares record dividend as FY2025 earnings hit all time high

KLCCP Stapled declared a record dividend of 47 sen after achieving all time high earnings. Profit growth was supported by fair value gains and stable retail performance. Revenue grew modestly with strong contributions from key assets and asset enhancement initiatives.

TheStar(Jan 2026)

Property developer JRK aims for ACE Market IPO

JRK Holdings filed a draft prospectus for an ACE Market listing to fund working capital and land and company acquisitions or joint developments. The Klang Valley developer has one ongoing and five planned projects, with total land holdings of 7.33 acres. The IPO involves 260 million shares, including public, bumiputra and selected investor tranches, while founder Datuk Seri Kwan Aik Khai will retain majority control after listing.

EdgeProp(Jan 2026)

MTAG to buy 7.5ha land in Johor Bahru for RM53.6 mil to expand industrial footprint

MTAG plans to acquire 7.54 hectares of land in Johor Bahru for RM53.58 million to expand manufacturing capacity. Part of the land will be used for operations while the remainder may be developed or leased. The land is currently residential and subject to conversion approval for industrial use.

EdgeProp(Jan 2026)

Oriental Interest to buy 68-acre Bukit Raja land for RM80.8m

Oriental Interest is acquiring 68.12 acres in Bukit Raja for RM80.77 million to expand its landbank. The acquisition is based on development potential and market benchmarks, with future redevelopment planned after existing tenancies expire.

TheStar(Jan 2026)

Sunway proposes RM11bil takeover of IJM

Sunway launched a takeover offer for IJM at RM3.15 per share, valuing the group at about RM11 billion if fully accepted. The offer comprises 10% cash and 90% new Sunway shares, and management said the enlarged group would become Malaysias largest property and construction company by revenue and assets. Sunway expects completion by the third quarter of 2026, subject to acceptances, regulatory approvals and shareholder consent.

TheStar(Jan 2026)

SDB buys land in Selangor for RM63mil

Selangor Dredging is buying 1.214 hectares of freehold commercial land in Petaling Jaya from Hectare Square for RM63 million. The developer said the site has landbank potential and is intended for a high-rise serviced apartment project with extensive open space and family facilities. Management said detailed development plans, timing, costs and expected profit have yet to be finalised, but the acquisition fits the groups ongoing search for suitable properties to add to its landbank.

TheStar(Jan 2026)

Slower recovery likely for IOIPG

Kenanga Research said IOIPG may recover more slowly than peers because of higher gearing at 0.95 times versus about 0.4 times for peers. Still, the broker sees support from the groups investment property focus and planned REIT listing in 2H FY2026. It raised target price to RM2.81, citing RM8 billion of REIT-able assets, but kept a market perform call given risks from weaker launches and lower-than-expected REIT valuations.

EdgeProp(Jan 2026)

EcoFirst to acquire two Penang land parcels for RM45 mil

EcoFirst is acquiring two freehold land parcels in Penang for RM45 million at a discount to valuation, with combined GDV exceeding RM560 million. The projects will strengthen its development pipeline beyond Klang Valley.

EdgeProp(Jan 2026)

AME REIT to sell three industrial properties for RM14.5 mil

AME REIT is divesting three industrial assets in Johor for RM14.5 million, generating a gain and premium over valuation. The disposal supports capital recycling into larger assets with stronger growth potential.

EdgeProp(Jan 2026)

Axis REIT expands Johor footprint with RM34.6 mil industrial acquisition in Senai

Axis REIT is acquiring an industrial property in Senai, Johor for RM34.6 million, to be developed into a factory and office facility. The asset will be fully leased upon completion and supports expansion within the Johor Singapore Special Economic Zone. The acquisition will be funded via bank financing and strengthens its industrial portfolio.

TheStar(Jan 2026)

SkyGate buys property investment firm

SkyGate Solutions is buying Penang-based property investment firm Dahlia Cemerlang for RM75.9 million from three vendors. The acquisition gives the group ownership of an industrial complex in Seberang Perai, Penang, and management said it fits SkyGates strategy of expanding and strengthening its investment property portfolio with income-generating assets in established growth regions. The site is accessible via the Penang First Bridge and is near the Butterworth ferry terminal and railway station.

TheStar(Jan 2026)

KSLs quiet transformation

KSL is stepping up investor engagement and formalising governance as it seeks greater institutional recognition after two years of record earnings. Management is targeting RM1.6 billion in 2026 property sales versus RM1.2 billion last year, while recurring income from retail and hotels has become a more important earnings pillar. The group has resumed dividends and aims to distribute up to 30% of core profit.

TheStar(Jan 2026)

Country Views FY25 net profit hits record-high

Country View said FY2025 net profit more than tripled to RM82.3 million on 94% higher revenue of RM379.7 million, lifted by stronger sales and disposal of four land plots. The Johor developer declared a 13-sen final dividend, bringing total FY2025 payout to 62.5 sen per share. The stock had surged 57% over the past year.

TheStar(Jan 2026)

Sunway in RM180mil Selangor, Penang land buy

Sunway acquired three land parcels in Puchong, USJ 1 and George Town for RM179.8 million, with combined estimated GDV exceeding RM1 billion. The group said the purchases replenish its landbank and strengthen its presence in key growth corridors. The Puchong and USJ 1 sites support integrated, transit-oriented developments near the BRT, while the Penang plot is intended for a mixed-use project. Management said the acquisitions align with its long-term strategy to grow in well-connected urban centres.

EdgeProp(Jan 2026)

Global Oriental sells retail units in Pavilion Embassy for RM35 mil

Global Oriental is disposing of 18 retail units at Pavilion Embassy, Kuala Lumpur for RM35 million at a premium to valuation, generating an estimated RM7.4 million gain. Proceeds will reduce borrowings and support working capital, with completion expected within three months.

TheStar(Jan 2026)

A governance test for UOA-REIT

UOA REITs adjourned Dec 23 EGM over a RM200 million related-party acquisition and income distribution reinvestment plan raised governance questions after unitholders were not given reasons for the delay. The deal involves three UOA Business Park properties worth RM110.5 million cash and RM89.5 million via new units, a related-party transaction involving major UOA Development shareholders. The commentary said the lack of explanation increased discomfort over fairness, minority-holder protections and the impact of dilution and higher gearing for UOA-REIT, even though UOA Development would benefit from a disposal gain and capital recycling.