E&O pitches its Andaman Island as site of RM10 bil Penang International Financial Centre
Eastern & Oriental Bhd (KL:E&O) is pitching its Andaman Island as the site of the proposed RM10 billion Penang International Financial Centre.
Kerjaya Prospek eyes land acquisitions to expand property pipeline
Kerjaya Prospek Group Bhd (KL:KERJAYA) said it is eyeing new land acquisitions to bolster its property development pipeline, while also exploring opportunities in industrial park projects.
More than 80 residents associations in Klang Valley demand withdrawal of Urban Renewal Act
A coalition of more than 80 residents associations in Klang Valley is rejecting the Urban Renewal Act 2025 and calling on the government to withdraw the legislation.
George Kent swings to net loss in 1Q despite revenue growth
Engineering and construction outfit George Kent (Malaysia) Bhd (KL:GKENT) slipped into the red in the first financial quarter ended June 30, 2025 (1QFY2026), with a net loss of RM8.10 million compared with a net profit of RM236,000 a year ago.
Axis REIT completes maiden RM300m senior sukuk issuance
Axis Real Estate Investment Trust (Axis REIT) (KL:AXREIT) has completed its maiden issuance of RM300 million senior Islamic medium-term notes under its RM3 billion sukuk programme.
Tanco formalises land deal for Port Dickson Free Zone, sets stage for phased development
Tanco Holdings Bhd (KL:TANCO) has entered into a supplemental agreement with Menteri Besar Negeri Sembilan (Inc) (MBINS) to formalise the acquisition structure and financing arrangements for the Port Dickson Free Zone (PDFZ).
Prolintas Infra appoints Mohamad Idros Mosin as CEO, dissolves interim management team
Idros, 53, brings with him nearly three decades of experience in strategic investment and real estate, primarily at PNB.
NexG acquires Petaling Jaya property for RM28.5 mil to boost production capacity
NexG Bhd (KL:NEXG), formerly known as Datasonic Group Bhd, is buying an industrial property in Petaling Jaya for RM28.5 million to boost production and efficiency for current and future projects. The move aims to bring research, design, and production under one roof, improving cost efficiency, quality control, and output.
Ahmad Zaki Resources unit gets winding-up petition over RM5.86 mil payment dispute
Ahmad Zaki Resources Bhd (KL:AZRB) said on Wednesday that one of its subsidiaries has been served with a winding-up petition by Giga Engineering & Construction Sdn Bhd over an alleged unpaid sum of RM5.86 million.
Ecobuilt unit served with winding-up petition over unpaid debt
Ecobuilt Holdings Bhd (KL:ECOHLDS) said on Wednesday that a major subsidiary has been served with a winding-up petition over an alleged debt amounting to RM447,886.46.
