GDB chairman Zaini Omar resigns due to health issues, Chia Lui Meng takes over
GDB Holdings Bhd (KL:GDB) said its non-executive chairman Tan Sri Zaini Omar has resigned from the position due to health issues.
Meta Bright plans RM21m private placement to fund energy projects, working capital
The placement shares, totalling up to 253 million or 10% of the company’s share base, will be placed out to independent third-party investors.
Paramount CEO says group will stay invested in Eco World International despite Malaysian pivot
Property developer Paramount Corp Bhd (KL:PARAMON) is keeping invested in Eco World International Bhd (KL:EWINT), in which it bought a 21.45% stake last year to speed up its overseas expansion, despite EWI’s recent decision to shift its focus to the Malaysian property market instead.
E&O in no rush to sell UK assets
Eastern & Oriental Bhd (KL:E&O) said it is "not in a hurry" to sell its properties in the UK, as it keeps the doors open to potential suitors to monetise the non-core assets.
Titijaya acquires properties in Kota Kinabalu for RM105 mil
Titijaya Land Bhd (KL:TITIJAYA) has proposed the acquisition of two properties located adjacent to Universiti Malaysia Sabah (UMS) in Kota Kinabalu for a total of RM105 million.
Bursa grills Genting Malaysia over US$41m Empire Resorts buyout
Genting Malaysia Bhd’s (KL:GENM) proposed US$41 million (RM175.5 million) acquisition to gain full control of the loss-making Empire Resorts Inc from Genting group's founding Lim family has come under the scrutiny of Bursa Malaysia Securities Bhd.
Unitholders give green light to Pavilion REIT's RM480 mil hotel acquisitions
Pavilion Real Estate Investment Trust (KL:PAVREIT) has received its unitholders’ approval to acquire two hospitality assets, namely Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel Kuala Lumpur (PHKL), for RM480 million.
Kumpulan Jetson gets writ of summons to void shareholders' requisition notice
Kumpulan Jetson Bhd (KL:JETSON) has received a writ of summons from three minority shareholders who are seeking a court order to void a requisition notice dated April 23, 2025, and to halt any corporate action based on it.
Genting Malaysia takes full control of Empire Resorts from Lim family in US$41 mil deal
Genting Malaysia Bhd (KL:GENM) is going to gain full control of loss-making Empire Resorts Inc in a US$41 million (RM177 million) deal from the Lim family's Kien Huat Realty III Ltd, by acquiring the remaining 51% stake in Genting Empire Resorts LLC (GERL) that it does not own. It currently holds 49% interest in GERL, which owns Empire Resorts.
Tuju Setia bags RM264 mil job from MKH to build serviced apartments
Builder Tuju Setia Bhd (KL:TJSETIA) has bagged a contract worth RM264.07 million for the construction of serviced apartments in Cheras, Selangor.
