SPNB to build 6,545 Rumah Mesra Rakyat units nationwide in 2026

SPNB to build 6,545 Rumah Mesra Rakyat units nationwide in 2026

news

Updated:
  • SPNB will build 6,545 Rumah Mesra Rakyat units in 2026 to enhance affordable housing access.
  • It will be implemented in phases, starting with 1,623 completed units and 2,300 units beginning next week.
  • Eligible applicants can apply through SPNB’s website to receive financial support for home construction.
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Econpile set to surge despite slower project rollout, says RHB IB after cutting targets

Econpile set to surge despite slower project rollout, says RHB IB after cutting targets

news

Updated:
  • RHB Investment Bank expects Econpile Bhd's share price to rise to 44 sen despite cutting earnings forecasts.
  • The firm maintains a "buy" rating, citing a strong order book and earnings recovery.
  • Econpile's order book has reached RM700 million, bolstered by new job wins this financial year.
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Andrew Tan trades 28.65m Tanco shares, ends with marginal net gain

Andrew Tan trades 28.65m Tanco shares, ends with marginal net gain

news

Updated:
  • Datuk Seri Andrew Tan Jun Suan traded shares in Tanco Holdings Bhd, acquiring 14.36 million shares.
  • His direct interest increased by 61,600 shares, totaling 1,142,150,492 shares (18.955%).
  • The filings show no change in control, with indirect interests remaining at 2,086,141,352 shares (34.622%).
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FBG bags RM238 mil contract to build 25-storey hotel at JB's Mid Valley Southkey

FBG bags RM238 mil contract to build 25-storey hotel at JB's Mid Valley Southkey

news

Updated:
  • FBG Holdings Bhd has secured a RM238.1 million contract for a 25-storey hotel in Johor Bahru.
  • The project will add 375 rooms and is set to be completed by June 30, 2028.
  • This contract boosts FBG's order book to RM1.23 billion, enhancing its growth prospects.
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Radium completes RM45m Ampang land acquisition

Radium completes RM45m Ampang land acquisition

news

Updated:
  • Radium Development Bhd has completed its RM45 million land acquisition in Bandar Ampang, Selangor.
  • The sale became unconditional on July 23, 2025, with full payment made on Feb 13, 2026.
  • Vacant possession was delivered on Jan 31, 2026, after extensions were granted without penalties.
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EPF lifts stake in KLCC Stapled Group to 10.95%

EPF lifts stake in KLCC Stapled Group to 10.95%

news

Updated:
  • The EPF has increased its interest in the KLCC Stapled Group by acquiring additional securities.
  • EPF now holds 197,693,975 stapled securities, a 10.951% stake.
  • This acquisition was disclosed on Feb 19, following a notice dated Feb 13.
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EPF raises stake in IOI Properties; group CEO Lee buys 10.7m shares

EPF raises stake in IOI Properties; group CEO Lee buys 10.7m shares

news

Updated:
  • EPF increased its stake in IOI Properties by acquiring 1,269,200 shares on Feb 12, 2026.
  • CEO Datuk Lee Yeow Seng disclosed that he had acquired 10,690,300 ordinary shares on Feb 16, 2026.
  • The disclosures fall under the reporting requirements for changes in the interests of substantial shareholders
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URA Bill misstep highlights greater professionalism needed from ministers, civil servants

URA Bill misstep highlights greater professionalism needed from ministers, civil servants

indepth

Updated:
  • On January 23, the Madani Cabinet withdrew the Urban Renewal Bill for comprehensive revisions.
  • This decision followed criticism from various stakeholders regarding serious structural flaws in the Bill.
  • Episode highlights the need for civil servants to give rigorous legal advice and ensure legislative integrity.
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Sunway discloses institutional dealings during ongoing takeover offer

Sunway discloses institutional dealings during ongoing takeover offer

news

Updated:
  • Sunway Bhd reported share dealings by institutional parties during its takeover offer period.
  • The transactions involved the Employees Provident Fund Board, Malayan Banking Bhd, and UBS AG.
  • This announcement serves as a regulatory update and does not alter the offer terms.
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Pavilion REIT issues 3.12 million units for part payment of management fees

Pavilion REIT issues 3.12 million units for part payment of management fees

news

Updated:
  • Pavilion REIT will issue 3.12 million new units to settle management fees for 2H2025.
  • The units will be priced at RM1.9236 each, based on the average price prior to the announcement.
  • This issuance will increase total units to 3,927,958,409, with listing set for Feb 20, 2026.
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