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.
Sunway unit starts RM2b bond programme to fund flagship Johor township project
Sunway Bhd’s (KL:SUNWAY) fully-owned subsidiary, Sunway Iskandar Development Sdn Bhd (SIDSB), has set up a perpetual medium-term note (MTN) programme of up to RM2 billion to fund its flagship Johor township project.
Unique Fire buys industrial land in Kota Kemuning for RM15.5 mil
Fire protection solutions provider Unique Fire Holdings Bhd (KL:UNIQUE), which recently transferred to the Main Market of Bursa Malaysia, is acquiring a land parcel measuring 4,926 square metres in Shah Alam for RM15.54 million, to support its long-term expansion plans.
DXN to buy Burj Khalifa apartment for RM7.4 mil from chairman
DXN Holdings Bhd (KL:DXN), a multi-level marketing company specialising in health and wellness products, is buying an apartment in Dubai's iconic Burj Khalifa for 6.4 million dhirhams (RM7.37 million), cash.
BNM likely to stand pat on policy rate after July’s surprise, economists say
BNM will maintain the overnight policy rate at 2.75% at its second-last meeting of the year, according to 22 of 24 economists polled by Bloomberg.
