- AmBank seeks MOE approval to acquire Menara AmBank for RM331 mil.
- The application was submitted on July 2.
- This acquisition is a related party transaction.
AMMB submits MOE application for RM331 mil Menara AmBank acquisition
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Updated:
Economy Ministry defends JS-SEZ master plan timeline amid Johor’s call for immediate release
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Updated:- The Economy Ministry has defended the handling of the JS-SEZ master plan.
- It states the plan is on track, despite calls for immediate release of the master plan from Johor.
- The Economy Ministry highlights ongoing implementation and significant investment figures.
TWL discloses RM1.8 mil pending refunds from three terminated JV agreements
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Updated:- TWL Holdings Bhd has furnished additional details on the mutual termination of three joint venture agreements.
- Its subsidiary is owed RM1.8 mil in refunds from these terminations.
- The refunds are due by June 2027, with no penalties for delays.
ASM Automation provides further details on proposed Perak industrial land acquisition
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Updated:- ASM Automation Group Bhd will acquire land and a factory in Perak.
- The existing factory will be demolished for a new one.
- Construction starts in 2027, funded by IPO proceeds.
Karyon Industries to acquire Johor factory and industrial land for RM8.61 mil
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Updated:- Karyon Industries Bhd will acquire industrial land and a factory for RM8.61 mil cash.
- This purchase expands manufacturing and storage near existing facilities.
- The acquisition is expected to contribute positively to future earnings.
Gamuda Land, Taylor's advance integrated placemaking with mixed-use groundbreaking
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Updated:- Gamuda Land and Taylor's Assets to redevelop the former Taylor's College Subang Jaya campus.
- The project, Haus on 15, will be a mixed-use community.
- It includes student housing, residential units, and retail spaces.
Gov’t approves RM278.9 mil for 86 Fire and Rescue Department development projects under 13MP
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Updated:- The government approved RM278.9 mil for 86 fire department projects this year.
- This includes 27 new and 59 ongoing projects nationwide.
- The new Sungai Lembing station strengthens safety and community awareness.
LRT3: Selangor Sultan thanks Najib for heeding call, Anwar for seeing project through
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Updated:- The Sultan of Selangor expressed his appreciation to PM Anwar Ibrahim for advancing the LRT3 project.
- He praised the reinstatement of stations and housing plans.
- The Sultan hopes LRT3 eases traffic and boosts development.
EC Excel unit to acquire freehold industrial land in Bandar Sri Sendayan for RM10.17 mil
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Updated:- EC Excel's subsidiary will acquire industrial land for RM10.17 mil cash.
- The land will be used for a warehouse to support operational expansion.
- The acquisition is expected to complete by 4Q2026.
