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KTI Landmark unit signs MoU with Sabah Rubber to explore 500-acre land development in Tuaran

KTI Landmark unit signs MoU with Sabah Rubber to explore 500-acre land development in Tuaran

news

Updated:
  • KTI Landmark Bhd's subsidiary will explore developing 500 acres in Sabah.
  • They signed an MoU with Sabah Rubber Industry Board for this project.
  • The MoU is not legally binding and has minimal risk.
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PRG Holdings seeks to wind up firm linked to largest shareholder over RM64m project dispute

PRG Holdings seeks to wind up firm linked to largest shareholder over RM64m project dispute

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Updated:
  • PRG Holdings will wind up a company linked to its largest shareholder over alleged outstanding payments.
  • The shareholder then demanded RM21.22 mil from PRG.
  • He has given the group 21 days to settle the amount.
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Titijaya Land discloses RM2.28 mil outstanding loans at moneylending unit

Titijaya Land discloses RM2.28 mil outstanding loans at moneylending unit

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Updated:
  • Titijaya Capital had RM2.28 mil in outstanding unsecured loans to individuals.
  • RM1.60 mil of these loans were in default, representing 70% of total net loans.
  • The largest facility had a limit of RM1.5 mil, with principal outstanding of RM1.33 mil.
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LSH Capital gets another extension to sign RAC land development deal

LSH Capital gets another extension to sign RAC land development deal

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Updated:
  • The company said RAC agreed to extend the deadline for signing the agreement to July 15, 2026.
  • The agreement relates to the proposed development of two parcels of land in Selangor.
  • All other terms remain unchanged.
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Ge-Shen clarifies Johor land disposal terms, expects RM12.63 mil gain

Ge-Shen clarifies Johor land disposal terms, expects RM12.63 mil gain

news

Updated:
  • Ge-Shen Corp Bhd plans to sell five land parcels in Johor Bahru.
  • The sale includes a 7.26% discount for a quick, certain transaction.
  • This disposal is expected to yield a RM12.63 mil gain for the company.
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Hartanah Kenyalang unit wins RM283.9 mil contract for Wisma JKR Sarawak

Hartanah Kenyalang unit wins RM283.9 mil contract for Wisma JKR Sarawak

news

Updated:
  • Hartanah Kenyalang Bhd secured a RM283.9 mil contract.
  • Its subsidiary will build Wisma JKR Sarawak.
  • This project is expected to boost earnings.
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PTT Synergy sells Bandar Bukit Raja factory for RM17 mil to rationalise assets

PTT Synergy sells Bandar Bukit Raja factory for RM17 mil to rationalise assets

news

Updated:
  • PTT Synergy Group Bhd is selling an industrial property for RM17 mil.
  • This disposal aims to rationalise non-core assets and reduce costs.
  • The sale is expected to generate a RM2 mil gain for the group.
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From chicken hotpot to data centre: Penang restaurant chain owner bags RM204m tech services deal

From chicken hotpot to data centre: Penang restaurant chain owner bags RM204m tech services deal

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Updated:
  • A chicken hotpot operator secured a US$50 mil deal for data centre services.
  • This marks their entry into tech infrastructure, diversifying their business.
  • The company will continue its restaurant operations alongside this new venture.
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Data centres to keep Malaysia’s growth steady as IMF leaves forecast intact

Data centres to keep Malaysia’s growth steady as IMF leaves forecast intact

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Updated:
  • Malaysia's economy will grow by 4.7% in 2026, driven by data centres and tech.
  • Global tech demand, especially AI, supports this growth.
  • However, risks like conflict and high energy prices persist.
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Govt expects stable construction material prices, supply as diesel prices moderate

Govt expects stable construction material prices, supply as diesel prices moderate

news

Updated:
  • Construction material prices are expected to be stable due to moderated fuel costs.
  • Overall construction costs rose 5-10% from elevated fuel prices.
  • The government monitors projects to mitigate contractor burdens.
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KTI Landmark unit signs MoU with Sabah Rubber to explore 500-acre land development in Tuaran