News by Myia S Nair

The contract is expected to be completed within 10 months.

Hotayi Electronic (M) Sdn Bhd, a Taiwanese electronics manufacturing services company, has launched the third phase of its expansion in Batu Kawan, Penang, with an investment of RM500 million in a manufacturing facility.

IGB Commercial Real Estate Investment Trust (KL:IGBCR) and IGB Real Estate Investment Trust (KL:IGBREIT) on Wednesday announced that their chief executive officer Elizabeth Tan Hui Ning, 41, is stepping down due to medical reasons, effective immediately.

Video surveillance company ITMAX System Bhd (KL:ITMAX) has secured a contract

Construction firm Kerjaya Prospek Group Bhd (KL:KERJAYA) has bolstered its outstanding order book to RM4.1 billion with the latest award of a RM11.64 million construction contract in Penang.

Kerjaya Prospek Group Bhd's (KL:KERJAYA) net profit rose 21% in the fourth quarter ended Dec 31, 2024 as progress of construction work activities improved.

KSL Holdings Bhd (KL:KSL) achieved record-high annual profit for the second consecutive year, following a 16% growth in fourth-quarter earnings.

OSK Holdings Bhd (KL:OSK) has proposed a bonus issue exercise involving one bonus share for every two existing shares held.

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.

MIDF Research has raised concern over the sharp selloff in Malaysian construction stocks, suggesting that market reaction may be overdone.