News by Syafiqah Salim

Kerjaya Prospek Group Bhd (KL:KERJAYA) has secured a RM51.03 million contract for piling and earthworks at a service apartment project in Andaman Island, Penang, in a related party transaction (RPT).

Exsim has clarified that discussions to terminate its data centre contract with Singapore-based technology company Aperia Cloud Services had started before Aperia Cloud became embroiled in a legal case involving two of its executives.

Currently, 62.9% of LTAT’s portfolio consists of strategic assets.

Inta Bina Group Bhd (KL:INTA) has secured a RM181 million contract to undertake the construction of a mixed commercial development project in Kuala Langat, Selangor.

IJM Corp Bhd (KL:IJM) reported a 12.9% year-on-year increase in net profit for the third quarter ended Dec 31, 2024 (3QFY2025), driven by higher construction activities and a land sale in Penang.

Paramount Corp Bhd (KL:PARAMON), which has set a property sales target of RM1.5 billion for 2025, on Friday posted a 91.9% jump in net profit for the fourth quarter ended Dec 31, 2024 (4QFY2024).

Hektar Real Estate Investment Trust (KL:HEKTAR) is acquiring a light industrial asset in the Bayan Lepas Free Industrial Zone, Penang, for RM30 million from Microlead Precision Technology Sdn Bhd (MPT), a wholly owned subsidiary of MQ Technology Bhd (KL:MQTECH).

Data centre jobs in Malaysia appear intact despite the US’ attempt to curb exports of advanced chips thanks to strong demand for digital infrastructure, said IJM Corporation Bhd (KL:IJM).

Seremban-based property developer Matrix Concepts Holdings Bhd (KL:MATRIX) is divesting 38.65 acres of land in the town for RM90.91 million in a related-party transaction.

IJM Corp Bhd (KL:IJM), through its joint-venture (JV) company Exio Logistics Sdn Bhd, will invest RM460 million in a new logistics hub in Sungai Buloh to support Malaysia’s supply chain and e-commerce.