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Sentoria shares to be suspended on April 21 after being wound-up

Sentoria shares to be suspended on April 21 after being wound-up

news

Updated:
  • Sentoria Group Bhd's shares will be suspended on April 21 after a court-ordered winding-up.
  • The company faces a RM134.95 million debt to RHB Bank and has been financially distressed since 2018.
  • Sentoria must present a financial recovery plan by June 3 to address its Practice Note 17 status.
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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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PDC, Aspen formally close Batu Kawan Industrial Park 2 request-for-proposal matter

PDC, Aspen formally close Batu Kawan Industrial Park 2 request-for-proposal matter

news

Updated:
  • PDC and Aspen have officially closed all matters related to the BKIP2 RFP exercise.
  • They resolved outstanding issues in a meeting and will not make further public statements.
  • Both parties acknowledged PDC's authority in the evaluation process.
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SkyWorld unveils 15-year plan to become Top 30 Southeast Asian developer by 2040

SkyWorld unveils 15-year plan to become Top 30 Southeast Asian developer by 2040

news

Updated:
  • SkyWorld Development Bhd launched "SkyWorld 2040," a 15-year plan to become a top 30 property developer.
  • The first phase aims for RM1 bil profit and RM12 bil in development launches by FY2031.
  • Strategies include accelerating launches, expanding into SEA, and innovating affordable housing solutions.
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T7 Global acquires KL Trillion office unit in RM1.6 mil related-party deal

T7 Global acquires KL Trillion office unit in RM1.6 mil related-party deal

news

Updated:
  • T7 Global Bhd's subsidiary is acquiring an office unit at KL Trillion for RM1.6 mil.
  • The deal is a related-party transaction involving Tan Kay Shen, linked to major shareholders.
  • The acquisition aims to expand office space and is expected to complete by 3Q2026.
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Penang mulls fire safety improvements for old, heritage buildings

Penang mulls fire safety improvements for old, heritage buildings

news

Updated:
  • Penang will review fire safety measures for old buildings after a fatal fire at the Odeon building.
  • The state government emphasizes compliance, monitoring, and awareness among building owners.
  • Local authorities will enhance procedures and guidelines to improve safety for heritage properties.
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Nga calls for greater emphasis on arts, culture in urban development

Nga calls for greater emphasis on arts, culture in urban development

news

Updated:
  • Housing Minister Nga Kor Ming emphasises that cities need arts and culture for community identity.
  • He believes that music and cultural initiatives foster unity and understanding among diverse Malaysians.
  • Nga urges citizens to embrace diversity and reject extremism for national progress and harmony.
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RM6.5 mil Lembah Kiara Park upgrade focused on infrastructure rehabilitation, says Yeoh

RM6.5 mil Lembah Kiara Park upgrade focused on infrastructure rehabilitation, says Yeoh

news

Updated:
  • Upgrading works at Lembah Kiara Park, costing RM6.5 mil, are now complete.
  • Most funds were spent on drainage and electrical infrastructure, with RM700,000 for landscaping.
  • Park has reopened to the public, operating from 5:30am to 8pm, and will be monitored for defects for one year.
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Sarawak longhouses have unique advantage as community tourism products, says Tiong

Sarawak longhouses have unique advantage as community tourism products, says Tiong

news

Updated:
  • Sarawak longhouses are ideal for community-based tourism, offering unique cultural experiences.
  • They preserve heritage while creating economic opportunities through homestays and local crafts.
  • Longhouses symbolise harmony and unity, showcasing the progressive nature of indigenous communities in Borneo.
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Sentoria shares to be suspended on April 21 after being wound-up