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News by theedgemarkets.com

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High debt, weak administration add to Malaysia’s economic challenges, says Anwar

24 February, 2023

The country faces five core challenges in its domestic economy — a debt level that is too high, a decline in quality of administration, global economic uncertainties, a slow recovery in investments to pre-pandemic levels, and the impact of economic challenges on the rakyat — said Prime Minister Datuk Seri Anwar Ibrahim.

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Myra launches Begonia double-storey link homes in Myra Gardens

21 February, 2023

The RM62.77 million Begonia offers two layouts, namely Venosa and Grandis, which are spread across 7.26 acres.

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Passenger EV sales in Malaysia will expand in 2023, says Fitch Solutions

21 February, 2023

According to its projections, sales of passenger EVs will rise by 82.0% in 2023, reaching a volume of roughly 5,840 units annually.

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MRCB posts lower net profit in 4QFY22; declares one sen dividend

21 February, 2023

The group attributed the lower earnings to the fall in other operating income, which declined by 88% to RM17.01 million from RM146.09 million a year before.

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Sunview ventures into biogas renewable energy industry

21 February, 2023

The four buyers are acquiring Provectus Bioenergy Sdn Bhd for RM115,688 from Ee Hood Liang and Wong Pak Wei.

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YKGI bags RM271.6m contract to build affordable homes in Sarawak

21 February, 2023

YKGI said its 80.36%-owned subsidiary ASTEEL Development Sdn Bhd will undertake the Housing Development Corporation project.

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WCE shareholders give nod for disposal of 40% stake in RPSB to IJM Properties

21 February, 2023

IJM Properties is an indirect wholly-owned unit of IJM Corp Bhd, who also owns 26.65% stake in WCE.

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Tropicana sells Chin Hin shares to its chairman Danny Tan for RM12.5m

21 February, 2023

Danny Tan Chee Sing holds a 21.35% direct stake and 33.76% indirect stake in the property developer.

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MCT to pay RM58m for 1.57-acre land in Seputeh for residential project

20 February, 2023

The group has proposed to develop “Aetas Seputeh”, a residential development comprising two 38-storey blocks housing 126 units of luxury apartments.

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news

Haily wins RM78.2m construction contract to build landed properties in Johor

20 February, 2023

With the latest new job win, which is its largest contract to date, Haily’s total outstanding orderbook has increased to RM660.77 million. 

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