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IJM says less than 10 bank accounts frozen by MACC, no impact on ops

IJM says less than 10 bank accounts frozen by MACC, no impact on ops

news

Updated:
  • IJM Corp Bhd stated that the freezing of some bank accounts by MACC does not affect its operations.
  • The company is cooperating with authorities amid ongoing investigations into alleged money laundering.
  • The investigation came to light just days after IJM emerged as a takeover target for Sunway Bhd.
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Gamuda Land, Taylor's advance integrated placemaking with mixed-use groundbreaking

Gamuda Land, Taylor's advance integrated placemaking with mixed-use groundbreaking

news

Updated:
  • Gamuda Land and Taylor's Assets to redevelop the former Taylor's College Subang Jaya campus.
  • The project, Haus on 15, will be a mixed-use community.
  • It includes student housing, residential units, and retail spaces.
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Gov’t approves RM278.9 mil for 86 Fire and Rescue Department development projects under 13MP

Gov’t approves RM278.9 mil for 86 Fire and Rescue Department development projects under 13MP

news

Updated:
  • The government approved RM278.9 mil for 86 fire department projects this year.
  • This includes 27 new and 59 ongoing projects nationwide.
  • The new Sungai Lembing station strengthens safety and community awareness.
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LRT3: Selangor Sultan thanks Najib for heeding call, Anwar for seeing project through

LRT3: Selangor Sultan thanks Najib for heeding call, Anwar for seeing project through

news

Updated:
  • The Sultan of Selangor expressed his appreciation to PM Anwar Ibrahim for advancing the LRT3 project.
  • He praised the reinstatement of stations and housing plans.
  • The Sultan hopes LRT3 eases traffic and boosts development.
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EC Excel unit to acquire freehold industrial land in Bandar Sri Sendayan for RM10.17 mil

EC Excel unit to acquire freehold industrial land in Bandar Sri Sendayan for RM10.17 mil

news

Updated:
  • EC Excel's subsidiary will acquire industrial land for RM10.17 mil cash.
  • The land will be used for a warehouse to support operational expansion.
  • The acquisition is expected to complete by 4Q2026.
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Oriental Holdings’ RM411 mil Bayview acquisition package clears final SPA 2 condition

Oriental Holdings’ RM411 mil Bayview acquisition package clears final SPA 2 condition

news

Updated:
  • Oriental Holdings Bhd's RM411 mil acquisition of hotel assets is now unconditional.
  • This includes properties in Penang and Langkawi.
  • All remaining conditions for the sale were met or waived by July 1, 2026.
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PRG served with RM21.22 mil statutory demand from shareholder Ng Yan Cheng

PRG served with RM21.22 mil statutory demand from shareholder Ng Yan Cheng

news

Updated:
  • PRG Holdings received a RM21.22 mil statutory demand from shareholder Ng Yan Cheng.
  • Ng seeks repayment for advances made to the company.
  • Failure to pay could lead to winding-up proceedings.
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Sapura Industrial plans RM42.33 mil land sale to fund automotive expansion

Sapura Industrial plans RM42.33 mil land sale to fund automotive expansion

news

Updated:
  • Sapura Industrial Bhd will sell two industrial land parcels for RM42.33 mil.
  • This disposal aims to reallocate funds to core operations and expansion.
  • Expects to recognise an estimated net pro forma gain of about RM29.14 mil.
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SC Estate Builder seeks extension for six‑proposal property, RE and acquisition circular submission

SC Estate Builder seeks extension for six‑proposal property, RE and acquisition circular submission

news

Updated:
  • SC Estate Builder Bhd seeks an extension to submit a circular to shareholders for six proposals.
  • These include diversification into property investment and renewable energy.
  • The company also reported increased revenue but lower profit in its latest quarter.
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Bites
IJM says less than 10 bank accounts frozen by MACC, no impact on ops