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SCIB's Ku Chong Hong emerges as Axteria substantial shareholder, appointed executive director

SCIB's Ku Chong Hong emerges as Axteria substantial shareholder, appointed executive director

news

Updated:
  • Ku Chong Hong has acquired a 27.13% stake in Axteria Group Bhd through Atlantis Corporate Sdn Bhd.
  • Woo Wai Onn has exited Axteria after selling his 23.62% stake, while Datuk Abdullah Abdul Mannan and Mok Juan Chek resigned from their positions.
  • Axteria appointed Oh Bang Han as an executive director amid these changes.
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Yong Tai seeks fourth extension for RM160 mil Courtyard by Marriott Melaka sale circular

Yong Tai seeks fourth extension for RM160 mil Courtyard by Marriott Melaka sale circular

news

Updated:
  • Yong Tai Bhd has requested a fourth six-month extension to submit its draft circular for a RM160 mil sale.
  • The proposed sale of the Courtyard by Marriott Melaka has faced legal challenges.
  • As of March 31, 2026, the company reported a net debt of RM202.81 mil and a reduced net loss of RM2.1 mil.
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Sentoria to delist from Main Market on June 16

Sentoria to delist from Main Market on June 16

news

Updated:
  • Sentoria Group Bhd's shares will be delisted from Bursa Malaysia on June 16.
  • The company failed to submit its regularisation plan by the June 3 deadline.
  • Sentoria has faced financial distress, and has been in the red since 2018.
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Bina Puri defends early completion of Sarawak company acquisition amid Bursa query

Bina Puri defends early completion of Sarawak company acquisition amid Bursa query

news

Updated:
  • Bina Puri Holdings defends its early acquisition of Enforture (Sarawak) despite ongoing due diligence.
  • The group believes timely integration is crucial for managing ongoing projects effectively.
  • They assure that contractual safeguards will protect their interests and no issues have been found so far.
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Chin Hin Group lifts stakes in Ajiya and Chin Hin Group Property via open and off-market acquisitions

Chin Hin Group lifts stakes in Ajiya and Chin Hin Group Property via open and off-market acquisitions

news

Updated:
  • Chin Hin Group Bhd has acquired shares in Ajiya Bhd and Chin Hin Group Property Bhd recently.
  • The acquisitions include 217,300 shares in Ajiya and 3,185,300 shares in Chin Hin Group Property.
  • These transactions triggered multiple Bursa filings due to the ownership structure of the Chiau family.
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Sheng Tai judicial management bid stalls Infraharta's RM4.59 mil recovery effort

Sheng Tai judicial management bid stalls Infraharta's RM4.59 mil recovery effort

news

Updated:
  • Infraharta Holdings Bhd is facing a statutory moratorium after STISB filed a Judicial Management application.
  • A subsidiary is also defending a RM600,032 claim related to a road project in Negeri Sembilan.
  • Infraharta plans to take necessary legal steps and will update on developments in both cases.
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KPKT revived 1,576 sick and abandoned housing projects since 2023, says Nga

KPKT revived 1,576 sick and abandoned housing projects since 2023, says Nga

news

Updated:
  • The Ministry of Housing revived over 1,500 sick housing projects, benefiting 188,525 units.
  • The M101 Skywheel project, now KL360 @ Menara GD, was successfully rescued after being stalled.
  • The initiative aims to ensure homebuyers' investments are protected and projects are completed on time.
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Encorp inks initial pact for Felda staff housing project

Encorp inks initial pact for Felda staff housing project

news

Updated:
  • Encorp Bhd has signed a preliminary agreement to potentially build staff housing for Felda.
  • The MOU indicates Encorp's commitment to quality residential environments for Felda's workforce.
  • Encorp's shares rose 4.4% following the announcement, reflecting positive market sentiment.
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Myra Embun brings integrated living to Jenderam–Putrajaya growth corridor

Myra Embun brings integrated living to Jenderam–Putrajaya growth corridor

news

Updated:
  • Myra Embun, a mixed development by Myra, is launched in Jenderam to cater to the Putrajaya fringe.
  • The project features 594 serviced residences, retail spaces, and community facilities on 5.08 acres.
  • It aims to provide spacious homes and a self-sustaining environment, inspired by the Malay tikar concept.
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