Propel Global JV lands RM70 mil civil works job for data centre in JB
Propel Global Bhd (KL:PGB) has secured a contract worth approximately RM70 million for the civil and structural works of a data centre development in Johor Bahru.
KTI Landmark clarifies RM70 mil Wisma Budaya redevelopment job not in the bag yet
KTI Landmark Bhd (KL:KTI) has clarified that its recent announcement regarding the proposed redevelopment of Wisma Budaya in Kota Kinabalu does not constitute a contract award, but merely a non-binding Letter of Intent (LOI) from the Ministry of Tourism, Culture and Environment Sabah (KePKAS).
MAHB to appoint independent assessor after latest KLIA aerotrain breakdown
Malaysia Airports Holdings Bhd (KL:MAHB) will appoint an independent assessor to review the power supply design and installation quality of the Kuala Lumpur International Airport (KLIA) aerotrain system following the latest disruption on Wednesday night.
MRT Corp invites bids for Penang LRT Mutiara Line
Malaysia Rapid Transit Corp Sdn Bhd (MRT Corp) has launched a series of tenders and expressions of interest (EOI) for the Penang Light Rail Transit (LRT) Mutiara Line, inviting bids from qualified local and international contractors as the project enters its implementation phase.
MACC freezes bank accounts of Mayu Global's unit after summoning director for questioning
The director, Tang Tiam Hok, was summoned on both Sept 19 and Sept 23. No charges have been filed against him at this juncture.
Taghill wins dispute with developer over unpaid construction works
Taghill Holdings Bhd (KL:TAGHILL), formerly known as Siab Holdings Bhd, has secured an adjudication decision in favour of its wholly-owned subsidiary Taghill Projects Sdn Bhd in a dispute with property developer Dreamlike Development Sdn Bhd over unpaid construction works.
Glomac posts first quarterly net loss in four years as property development revenue slumps
Glomac Bhd (KL:GLOMAC) has posted a net loss of RM1.42 million for its first financial quarter ended July 31, 2025 (1QFY2026) compared with a net profit of RM7.28 million a year ago.
YLI to sell Prai factory land for RM18 mil cash to pare borrowings
Pipe manufacturer YLI Holdings Bhd (KL:YLI) is disposing of a piece of industrial land in Prai, Penang, together with a factory building, for RM18 million cash, to strengthen its working capital and reduce borrowings.
HCK Capital inks JV deal for RM600m Cheras development
HCK Capital Group Bhd (KL:HCK) said it had entered into a joint-venture deal with a landowner to undertake a property development in Cheras with an estimated gross development value of RM600 million.
SunCon divests district cooling JV to Sunway’s facilities arm in group realignment
Sunway Construction Group Bhd (KL:SUNCON) is divesting its entire 40% stake in Engie-Sunway DCS Sdn Bhd to Sunway Bhd’s (KL:SUNWAY) facilities management arm, Sunway Property & Facility Management Sdn Bhd (SPFM), for RM10.98 million cash.
