News by M

Lim Seong Hai Capital Bhd (KL:LSH) said AmInvestment Bank has agreed to underwrite its upcoming initial public offering (IPO) as part of the construction-and-engineering firm’s listing transfer to the ACE Market from the LEAP Market.

Avaland Bhd (KL:AVALAND) broke ground for The Island @Cybersouth, a 40-acre centre green space project within the 417-acre Cybersouth township, Cyberjaya earlier this week.

In Malaysia, the property market offers a wide array of choices, from high-rise to landed homes, each with its unique appeal. Buying your first home is an exciting milestone, but it can also feel overwhelming. With so many property options, financing choices, and hidden details, making the right decision requires thorough planning and research. 

Maybank Investment Bank (Maybank IB) believes Eco World Development Group Bhd (KL:ECOWLD) is "actively in talks" with data centre players for projects in its business parks in Klang Valley and Johor.

ALAIA Titiwangsa is set to be relaunched under the Windsor Collection, following the acquisition of Black Lotus Development Sdn Bhd, the project's original developer, by Kenneth Lau, chairman of Multifield International Holdings Ltd, Hong Kong.

In a filing on Thursday, GUH said its wholly-owned subsidiary GUH Circuit Industry (Suzhou) Co Ltd has entered into a compensation agreement with the Suzhou High-Tech Zone Shishan Business Innovation District Management Office (SHZ Management Office) for the compulsory disposal of the land measuring a total of 53,324.56 sq metres.

Property developer Thriven Global Bhd (KL:THRIVEN) said Setiakon Builders Sdn Bhd has initiated arbitration proceedings against its wholly owned subsidiary Mayfair Ventures Sdn Bhd over what Setiakon claimed were unpaid dues for completed work.

Metro Healthcare Bhd (KL:METRO) is acquiring a four-storey shop office in Subang Jaya for a cash consideration of RM9.5 million to expand its business.

Financially-troubled Perak Corp Bhd (KL:PRKCORP) said it is entitled to a RM40.38 million entitlement after entering into a supplemental agreement concerning the development of a 56.3-acre land known as the Teluk Dalam land.

Property developer Glomac Bhd (KL:GLOMAC) has established an Islamic medium-term note (IMTN) programme of up to RM3 billion in nominal value with Malayan Banking Bhd (KL:MAYBANK), to be utilised for land acquisition, capital expenditure and working capital.