- Ahmad Zaki Resources Bhd (AZRB) named Datuk Seri Wan Zakariah Wan Muda as its new chairman.
- He owns a 0.8% stake in the company.
- This follows the resignation of Tan Sri Dr Madinah Mohamad.
AZRB redesignates Wan Zakariah as chairman
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Updated:
MACC says no Johor state officials or agencies linked to RM1.6m housing-lot probe
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Updated:- MACC clarifies no Johor officials are linked to a Felda Tenggaroh 2 housing probe.
- A committee chairman was detained for allegedly soliciting RM1.6 mil.
- MACC urges no speculation and promises a transparent investigation.
Scientex 4Q net profit rises 29.5% on stronger property, packaging contributions
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Updated:- Scientex Bhd's 4Q net profit rose 29.5% to RM199.92 mil, driven by property and packaging.
- Revenue increased 17.7% to RM1.40 bil for the quarter.
- Full-year net profit grew 16.8% to RM620.17 mil, with a 6 sen dividend.
Hektar REIT appoints Jamil Bidin as chairman
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Updated:- Datuk Seri Jamil Bidin is the new chairman of Hektar REIT.
- He brings extensive experience from various leadership roles.
- Jamil's appointment fills a vacancy since 2023.
Crescendo receives balance payment for RM263m Johor data centre land sale
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Updated:- Crescendo Corp Bhd received the balance payment for a RM263.21 mil land sale.
- The payment, including late-payment interest, was made by MSFusion Sdn Bhd.
- This resolves a prior default on the sale of land intended for a data centre.
Centurion's RM214.5m Pasir Gudang buy to be its largest in Malaysia
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Updated:- Centurion Corp will acquire a 7,974-bed worker accommodation in Pasir Gudang, Johor for RM214.5 mil.
- This deal will make it Centurion's largest worker accommodation asset in Malaysia.
- The acquisition boosts Centurion's Malaysian bed capacity by 22% to 43,980 beds.
TRC Synergy unit secures RM149.98m data centre subcontract
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Updated:- TRC Construction secured a RM149.98 mil subcontract from Gamuda Engineering.
- This is for underground services at a hyperscale data centre.
- The project runs from Aug 14 to Nov 25, boosting TRC Synergy's earnings.
Whitmore buys more MKH, MKHOP shares after adviser urges rejection of palm-oil offer
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Updated:- Whitmore Holdings acquired more shares in MKH and MKHOP.
- This occurred after an adviser recommended that shareholders reject Whitmore's offer.
- The adviser deemed the offer "not fair and not reasonable" for MKHOP.
The Light City's retail component to soft-open on Oct 29
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Updated:- The Waterfront Shoppes will open in October 2026.
- It is Penang's largest mall with 300 retail spaces.
- This destination integrates with a large convention centre.
Paramount's six land deals carry RM4b potential GDV
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Updated:- Paramount Corp Bhd has signed six land SPAs with a potential GDV of RM4 bil.
- Two acquisitions are complete, adding 387 acres and RM2 bil GDV.
- Four pending acquisitions total 74.61 acres with RM1.946 bil GDV.
