News by M

S P Setia Bhd has disposed of 275 acres of freehold parcels in Semenyih to Mah Sing Group Bhd for RM273.5 million, adjacent to its existing 500-acre M Legasi township

Malaysia Airports Holdings Bhd (MAHB) said it has demanded immediate corrective action from its aerotrain contractors as its preliminary assessments revealed a declining trend in the train's system reliability, in particular its vehicle and power distribution systems.

Bina Puri Holdings Bhd (KL:BPURI) has outlined a "conceptual" scheme of arrangement that proposes creditors grant a 10% waiver on debts it owes them, as the company seeks court protection to finalise its financial overhaul.

The external auditor of Country Heights Holdings Bhd (KL:CHHB) has flagged a material uncertainty related to the property developer’s ability to continue as a going concern considering its net loss and its liabilities exceeding assets for the financial year ended June 30, 2025 (FY2025).

Sarawak Consolidated Industries Bhd (KL:SCIB) said it has accepted a second revised contract worth RM172.4 million to build affordable housing in Kota Bharu, Kelantan.

Industrial packaging firm L&P Global Bhd (KL:L&PBHD) is disposing of a leasehold industrial property in Kulim, Kedah, for RM13.88 million cash, to unlock the value of the underutilised property and redeploy capital.

A company that had in February this year obtained a summary judgment against Bina Puri Holdings Bhd (KL:BPURI) for owing it RM28.1 million, has filed a winding-up petition over the unpaid debt.

Malaysia’s first Nvidia-powered AI data centre in Johor, developed by YTL Power International Bhd (KL:YTLPOWR) in partnership with tech giant Nvidia Corp, is now operational.

Sunway Healthcare Group officially launched the RM430 million Sunway Medical Centre Ipoh, Perak yesterday, officiated by the Sultan of Perak Sultan Nazrin Muizzuddin Shah and the Raja Permaisuri of Perak Tuanku Zara Salim.

Pavilion Real Estate Investment Trust's (KL:PAVREIT) net property income (NPI) rose 10% to RM145.49 million for the third quarter ended Sept 30, 2025 (3QFY2025) from RM131.86 million a year earlier, driven by its newly acquired assets—Banyan Tree Kuala Lumpur and Pavilion Hotel Kuala Lumpur.