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Two directors at K Seng Seng Corp resign over personal commitments

Two directors at K Seng Seng Corp resign over personal commitments

news

Updated:
  • K Seng Seng Corp Bhd announced the resignation of two board members due to personal commitments.
  • Dr Lim Pang Kiam and Lee Hai Peng's resignations are effective immediately.
  • The company specialises in producing secondary stainless steel products and trading industrial hardware.
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Sunway Construction named Company of the Year at The Edge BRC Awards

Sunway Construction named Company of the Year at The Edge BRC Awards

news

Updated:
  • Sunway Construction Group Bhd won Company of the Year at The Edge BRC Awards 2026.
  • They also received awards for highest ROE and best corporate responsibility.
  • The awards recognise merit and performance in Malaysian companies.
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Malaysia, China agree on proposed ECRL extension to Rantau Panjang

Malaysia, China agree on proposed ECRL extension to Rantau Panjang

news

Updated:
  • Malaysia and China propose extending the ECRL to Rantau Panjang.
  • This extension aims to boost Kelantan's economy and connect with Thailand.
  • The plan awaits Cabinet approval and further details.
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Sabah Development Bank receives fresh proposal to revive stalled PacifiCity development

Sabah Development Bank receives fresh proposal to revive stalled PacifiCity development

news

Updated:
  • Sabah Development Bank (SDB) received a new proposal for the stalled PacifiCity project.
  • SDB denies claims of obstructing revival efforts for the development.
  • The bank is committed to finding a solution with all stakeholders.
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IOIPG REIT plans listing with RM7.66b portfolio led by IOI City Mall

IOIPG REIT plans listing with RM7.66b portfolio led by IOI City Mall

news

Updated:
  • IOI Properties Group plans to list a REIT with nine properties valued at RM7.66 bil.
  • IOI City Mall comprises about two-thirds of the portfolio's total value.
  • The REIT will acquire properties for RM7.58 bil, funded by units and sukuk.
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RM25m federal allocation follows Penang’s RM40m ATE campus land commitment

RM25m federal allocation follows Penang’s RM40m ATE campus land commitment

news

Updated:
  • The federal government allocated RM25 mil for a National ATE Campus in Penang.
  • This follows Penang's RM40 mil land commitment for the campus.
  • Details on total cost and timeline remain undisclosed.
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MGB targets first KTIP anchor in 2027 following MIP support

MGB targets first KTIP anchor in 2027 following MIP support

news

Updated:
  • MGB Bhd aims for its first anchor tenant at Kertih Terengganu Industrial Park (KTIP) by 2027.
  • KTIP, a 1,007-acre park, is the first on Malaysia's East Coast with MIP support.
  • MGB is collaborating with MIDA to attract investors for the initial 500-acre area.
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EcoWorld’s 3Q net profit rises 11%; sales top RM5b

EcoWorld’s 3Q net profit rises 11%; sales top RM5b

news

Updated:
  • EcoWorld's 3Q net profit rose 10.9% to RM112.16 mil.
  • Revenue increased 27.5% to RM971.53 mil due to higher sales.
  • The company declared a two sen interim dividend, totaling six sen for FY2026.
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KL's 9 most expensive residential transactions of 2026 so far

KL's 9 most expensive residential transactions of 2026 so far

news

Updated:
  • Nine high-value residential properties in Kuala Lumpur recorded top transactions in 2026.
  • A Taman U-Thant bungalow sold for RM70.5 mil, leading the list.
  • Most properties were bungalows, with three located in Kenny Hills.
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PropNex rolls out more properties for September open house this weekend

PropNex rolls out more properties for September open house this weekend

news

Updated:
  • PropNex Malaysia offers great deals on subsale properties.
  • They are showcasing 20 properties, mostly in the Klang Valley.
  • Featured properties include condos, semi-Ds, and bungalows.
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Two directors at K Seng Seng Corp resign over personal commitments