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Maxim Global gets 24 sen takeover offer from managing director

Maxim Global gets 24 sen takeover offer from managing director

news

Updated:
  • Maxim Global Bhd received a takeover offer of 24 sen per share from managing director Tan Sri Gan Seong Liam.
  • The offer is below recent trading levels, with a discount of 11.11% from the last price of 27 sen.
  • Gan's acquisition raised his stake to 37.33%, and he must extend the offer to other shareholders.
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Forensic reports conclude claims of Battersea's overvaluation unfounded, says MOF

Forensic reports conclude claims of Battersea's overvaluation unfounded, says MOF

news

Updated:
  • An independent audit cleared Battersea Power Station of overvaluation claims.
  • Forensic reports found allegations unfounded, requiring no further investigation.
  • Accounting practices align with international standards, and PwC also certified accounts.
KPKT allocates RM216.44 mil to boost Johor housing, infrastructure

KPKT allocates RM216.44 mil to boost Johor housing, infrastructure

news

Updated:
  • KPKT allocated RM216.44 mil to Johor under the 13th Malaysia Plan.
  • This funding supports housing, infrastructure, and community well-being projects.
  • The initiative aims to enhance residents' quality of life and ensure sustainable living.
Mah Sing targets higher 2026 sales after strongest property year in a decade at RM2.51 bil

Mah Sing targets higher 2026 sales after strongest property year in a decade at RM2.51 bil

news

Updated:
  • Mah Sing achieved RM2.51 bil in property sales for FY2025, a decade high.
  • They target RM2.76 bil for 2026, supported by a RM3.45 bil launch pipeline.
  • Their growth strategy includes industrial land, data centers, and manufacturing expansion.
Rehda Institute RIYI mentors stress sustainability, industry readiness

Rehda Institute RIYI mentors stress sustainability, industry readiness

news

Updated:
  • Chin Hin Group board adviser Ngian Siew Siong said companies must prioritise sustainability in making money.
  • Avaland Bhd chief operating officer Aw Sei Cheh said that AI is increasingly used in market research.
  • The RIYI 2026 brought together 50 students from 15 universities to engage directly with industry leaders.
Myra partners Unity Kitchen to offer fitted kitchen packages at Myra Senja in Subang 2

Myra partners Unity Kitchen to offer fitted kitchen packages at Myra Senja in Subang 2

news

Updated:
  • Myra, by Oriental Interest Bhd, partners with Unity Kitchen for fitted kitchen cabinetry in Myra Senja units.
  • This collaboration aims to reduce renovation stress for homebuyers, offering functional and quality kitchens.
  • Myra Senja targets upgraders with larger units, seeing strong demand in Subang 2.
Why are RM300,000-and-below ‘affordable homes’ still unsold?

Why are RM300,000-and-below ‘affordable homes’ still unsold?

news

Updated:
  • Malaysia faces a housing paradox: affordable homes remain unsold.
  • This is due to location, product, and financing mismatches.
  • A coordinated effort is needed from all stakeholders to fix this issue.
Malaysia’s data centres using only half of approved power, water capacity, says minister

Malaysia’s data centres using only half of approved power, water capacity, says minister

news

Updated:
  • Malaysian data centres use about half their approved electricity and water capacity.
  • Actual electricity consumption is 1,102 MW versus 2,050 MW approved.
  • Water usage is 28.68 MLD, compared to 55.83 MLD approved.
Battersea Power Station awards Phase 3C construction contract to Sisk

Battersea Power Station awards Phase 3C construction contract to Sisk

news

Updated:
  • Sisk will lead Phase 3C construction at Battersea Power Station.
  • This phase adds 300 homes, shops, and a community hub.
  • The project creates 400 jobs, boosting the local economy.
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Maxim Global gets 24 sen takeover offer from managing director