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News by Choy Nyen Yiau

news

Taghill bags RM494m construction contract in Bandar Sri Damansara

28 April, 2025

Taghill Holdings Bhd (KL:TAGHILL), formerly known as Siab Holdings Bhd, announced on Friday that it has secured a RM494 million construction contract in Bandar Sri Damansara, Selangor.

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news

Kumpulan Jetson’s board faces third removal attempt since December 2023

25 April, 2025

Kumpulan Jetson Bhd’s board faces a new removal attempt by minority shareholders, who claim to hold at least 10% of shares, giving them the right to call an EGM to vote on removing the board and appointing new directors.

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news

IGB REITs bring former CFO Chai Lai Sim out of retirement as new CEO

25 April, 2025

IGB Real Estate Investment Trust (KL:IGBREIT) and IGB Commercial Real Estate Investment Trust (KL:IGBCR) will see their former group chief financial officer Chai Lai Sim return from retirement to take the helm at both REITs.

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news

Lee Chong Wei among Magma's newly emerged substantial shareholders after land deal

25 April, 2025

Magma Group Bhd (KL:MAGMA), which is primarily in hotel management and property development, announced the emergence of several new substantial shareholders on Thursday, including former national badminton player Datuk Wira Lee Chong Wei.

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news

IGB REITs report higher 1Q earnings but warn of challenges ahead

24 April, 2025

IGB REIT and IGB Commercial REIT reported higher earnings in the first quarter ended March 31, 2025, but warned investors of challenges ahead.

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Sime Darby Property launches RM2.4 bil Vision Business Park in Negeri Sembilan

21 April, 2025

Sime Darby Property Bhd (KL:SIMEPROP) on Friday unveiled a 760-acre industrial development within the Malaysia Vision Valley 2.0 growth area in Negeri Sembilan.

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Ho Hup slips into PN17 status after unit defaults on RM113m loan facility

21 April, 2025

Ho Hup Construction Co Bhd (KL:HOHUP) said on Friday it has been classified as a Practice Note 17 (PN17) issuer after its subsidiary defaulted on outstanding loan facilities of RM112.69 million.

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news

CapitaLand Malaysia Trust kicks off FY2025 with 9.6% rise in net property income

17 April, 2025

CapitaLand Malaysia Trust (KL:CLMT) started financial year 2025 with a 9.6% year-on-year increase in first-quarter net property income (NPI), boosted by higher revenue from most properties, strong retail rental growth, and income from the fully occupied Glenmarie Distribution Centre after its upgrade.

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news

TXCD bags RM85.5 mil subcontract for construction job in Subang Jaya

14 April, 2025

Practice Note 17 (PN17) construction outfit TXCD Bhd (KL:TXCD), formerly known as Ageson Bhd, said on Friday that it has secured an RM85.5 million subcontract to undertake a construction project in Bandar Subang Jaya, Selangor.

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news

Fajarbaru bags RM63 mil construction work, order book at RM1.14 bil

09 April, 2025

Fajarbaru Builder Group Bhd (KL:FAJAR) said on Tuesday it has clinched a RM63.7 million contract for construction works in Klang, Selangor.

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