LSH Capital inks development deals with combined GDV of RM904 mil

LSH Capital inks development deals with combined GDV of RM904 mil

news

Updated:
  • Lim Seong Hai Capital Bhd has signed two mixed development deals in KL and Selangor worth RM903.9 million.
  • The projects involve a 52-storey development in Setapak and a residential-commercial project in Gombak.
  • Shareholders also approved the Morib rejuvenation project.
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OSK Property to launch RM43 mil shop office project in Sungai Petani

OSK Property to launch RM43 mil shop office project in Sungai Petani

news

Updated:
  • OSK Property will launch OSK Yarra 33, a RM43.23 million commercial project in Sungai Petani by 3Q2026.
  • The development includes 33 freehold shop offices priced from RM785,000, catering to modern business needs.
  • Positioned near a hypermarket, it aims to serve 220,000 residents in the area.
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EPF chief says no decision yet on Sunway’s offer for IJM

EPF chief says no decision yet on Sunway’s offer for IJM

news

Updated:
  • EPF is awaiting an independent advice circular before deciding on Sunway's takeover offer.
  • Sunway's proposal values IJM at RM3.15 per share, with a cash-and-share deal structure.
  • IJM shareholders are not obligated to sell, and the offer is open until April 6.
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Twenty-six new train sets for Kelana Jaya LRT expected in 2028—Loke

Twenty-six new train sets for Kelana Jaya LRT expected in 2028—Loke

news

Updated:
  • Twenty-six new trains for the Kelana Jaya LRT line are set to arrive by 2028.
  • Transport Minister Loke emphasised the need for better maintenance strategies for the ageing train sets.
  • The government allocated RM1 billion for this replacement to enhance public transport services.
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S P Setia partners RHB Bank to ease homeownership transition

S P Setia partners RHB Bank to ease homeownership transition

news

Updated:
  • S P Setia has partnered with RHB Bank to enhance home purchasing experiences.
  • Their 'Sign & Prosper' campaign offers new purchasers a rebate of RM3,888.
  • Eligible purchasers can access financing up to 120% for properties valued at RM500,000 and above.
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IGB, developer of Mid Valley City, expects broad growth after 20% rise in 4Q earnings

IGB, developer of Mid Valley City, expects broad growth after 20% rise in 4Q earnings

news

Updated:
  • IGB Bhd reported a 20% net profit increase in 4Q2025, reaching RM99.14 million.
  • Revenue rose 14% to RM499.6 million, driven by strong rental income and home sales.
  • The company anticipates continued growth in 2026, supported by domestic spending and new project launches.
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GDB’s former managing director disposes of 6.3% stake at discount

GDB’s former managing director disposes of 6.3% stake at discount

news

Updated:
  • Cheah Ham Chia sold a 6.3% stake in GDB Holdings for RM21.125 million at a discount.
  • His stake is now reduced to 11.34%, having offloaded 341.905 million shares since December.
  • Despite the sales, he remains one of the largest shareholders alongside Alexander Lo Tzone Leong.
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Berjaya Corp appoints Levin Tan as executive director

Berjaya Corp appoints Levin Tan as executive director

news

Updated:
  • Berjaya Corp Bhd has appointed Levin Tan Eng Kien as executive director, effective immediately.
  • Levin brings over 18 years of investment banking experience and will help drive strategic direction.
  • BCorp's workforce is 44.2% women, with women holding over half of management roles.
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KSL posts record 4Q profit and revenue, proposes 10 sen dividend

KSL posts record 4Q profit and revenue, proposes 10 sen dividend

news

Updated:
  • KSL Holdings Bhd reported a record fourth-quarter net profit of RM258.41 million, up 66.4%.
  • Revenue for the quarter rose 41.1% to RM548.66 million, driven by ongoing projects.
  • Company remains optimistic about growth, supported by housing initiatives and regional connectivity projects.
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115 companies to be recognised as smart factories by end-2026—Miti

115 companies to be recognised as smart factories by end-2026—Miti

news

Updated:
  • By the end of the year, 115 companies will be recognised as smart factories in Malaysia.
  • Currently, 30 factories are identified as smart, with 71 of 241 companies in various implementation stages.
  • The Smart Tech Up program aims to enhance industry capabilities and support 3,000 smart factories by 2030!
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