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Mitrajaya bags another data centre job from NEXTDC

Mitrajaya bags another data centre job from NEXTDC

news

Updated:
  • Mitrajaya Holdings Bhd has secured a RM54 million contract for a data centre in Kuala Lumpur.
  • The project, for NEXTDC's KL1 Stage 4 Data Centre, is set for completion by October.
  • This contract brings Mitrajaya's contracts with NEXTDC to RM844.66 million.
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EWI Capital to seek shareholder approval for A$32 mil Macquarie Park land disposal; independent adviser recommends in favour

EWI Capital to seek shareholder approval for A$32 mil Macquarie Park land disposal; independent adviser recommends in favour

news

Updated:
  • EWI Capital Bhd seeks shareholder approval to sell its Macquarie Park land for A$32 mil.
  • The sale aims to exit a loss-making subsidiary and improve financial stability.
  • An extraordinary general meeting is set for June 22, 2026, to discuss the proposal.
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Sentoria risks June 16 delisting after failure to submit regularisation plan

Sentoria risks June 16 delisting after failure to submit regularisation plan

news

Updated:
  • Sentoria Group Bhd faces delisting on June 16 after missing its regularisation plan deadline.
  • An appeal must be submitted by June 11 to defer the delisting, or it will proceed.
  • The company has been financially distressed, posting significant losses since 2018 and has no plan to appeal.
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Sapura Industrial proposes RM10.48 mil disposal of Melaka industrial land to unlock capital gains

Sapura Industrial proposes RM10.48 mil disposal of Melaka industrial land to unlock capital gains

news

Updated:
  • Sapura Industrial Bhd plans to sell a 2.163-hectare industrial land in Melaka for RM10,477,260.
  • The sale aims to capitalize on asset appreciation and support future expansion plans.
  • The transaction is subject to a sale agreement and state authority approval.
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KIP REIT submits listing application for proposed placement; Klang property SPA terminated

KIP REIT submits listing application for proposed placement; Klang property SPA terminated

news

Updated:
  • KIP Real Estate Investment Trust has applied for a listing on Bursa Malaysia for new unit placements.
  • The application was submitted on June 3, 2026, as part of a larger acquisition proposal.
  • KIP REIT also terminated an agreement for a Klang property, which won't impact its financial metrics.
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Chin Hin Property buys Kota Damansara industrial site for RM92.5 mil, plans RM612 mil logistics hub

Chin Hin Property buys Kota Damansara industrial site for RM92.5 mil, plans RM612 mil logistics hub

news

Updated:
  • Chin Hin Group Property Bhd is acquiring a factory and warehouse in Selangor for RM92.5 mil.
  • The site will be redeveloped into a stratified industrial hub with an estimated GDV of RM612 mil.
  • The acquisition is expected to complete in 4Q2026, enhancing CHGP's industrial landbank.
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OCR Group extends deadline for Chester Properties stake acquisition by two months

OCR Group extends deadline for Chester Properties stake acquisition by two months

news

Updated:
  • OCR Group Bhd has extended the HOA deadline for acquiring 49% of Chester Properties by two months.
  • The new expiry date is Aug 4, 2026, to allow for further negotiations.
  • All other terms of the HOA remain unchanged, with updates to follow on any significant developments.
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Vincent Tan cuts Berjaya Corp stake for at least RM115m, exits substantial shareholder list in six firms

Vincent Tan cuts Berjaya Corp stake for at least RM115m, exits substantial shareholder list in six firms

news

Updated:
  • Tan Sri Vincent Tan has reduced his stake in Berjaya Corporation and lost substantial shareholder status.
  • He sold 461.65 million shares for about RM115 mil, lowering his total shareholding to 15.08%.
  • Berjaya remains a substantial shareholder in the 6 companies, while Tan has significant stakes in others.
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YLI to dispose of Penang industrial land for RM28.5 mil, book RM6.8 mil gain

YLI to dispose of Penang industrial land for RM28.5 mil, book RM6.8 mil gain

news

Updated:
  • YLI Holdings Bhd is selling two land parcels in Prai for RM28.5 mil to reduce losses.
  • The sale is expected to improve net assets per share and generate a net gain of RM6.83 mil.
  • Completion is anticipated by 4Q2026, pending necessary approvals.
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Mitrajaya bags another data centre job from NEXTDC