News by Jazlin Zakri

The sharp fall in Tanco Holdings Bhd’s (KL:TANCO) share price did not stop group managing director Datuk Seri Andrew Tan Jun Suan from buying and selling its shares.

Shares of the loss-making company were down as much as 33.5 sen or 30% to 78.5 sen — its lower limit for the day.

Sentoria Group Bhd's (KL:SNTORIA) shares will be delisted from the Main Market of Bursa Malaysia on June 16, the company said following failure to submit its regularisation plan within the extended deadline of June 3.

Bina Puri Holdings Bhd (KL:BPURI) has defended its decision to complete its acquisition of a water treatment contractor prior to the finalisation of legal, financial and operational due diligence, saying contractual safeguards in a supplemental agreement were sufficient.

Encorp Bhd (KL:ENCORP) has signed an initial pact that may lead to a contract to build staff housing for the Federal Land Development Authority.

Tan Sri Vincent Tan Chee Yioun has reduced his stake in Berjaya Corporation Bhd (KL:BJCORP) and ceased to be a substantial shareholder in six listed companies, according to filings with Bursa Malaysia.

Real estate developer Mulpha International Bhd (KL:MULPHA) swung back to profit in the first quarter, lifted by stronger property settlements in Australia and improved contributions from its hotel operations.

Sunway Bhd’s (KL:SUNWAY) shares climbed after its first-quarterly earnings booked a RM9.4 billion gain in net profit.

US authorities have secured a court order to seize a luxury apartment in New York that was bought using funds allegedly misappropriated from 1Malaysia Development Bhd (1MDB).

Property developer Gold Li Holdings Bhd (KL:GOLDLI) said it is targeting revenue growth of about 10% for its financial year 2026, citing stable demand from its core markets in Muar, Tangkak and Batu Pahat in Johor.