LTAT aims to reduce strategic asset holdings to 35% under Project Earth, says CEO
Currently, 62.9% of LTAT’s portfolio consists of strategic assets.
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.
Compugates Holdings Bhd (KL:COMPUGT) said it has teamed up with a property developer to undertake a mixed-use development on a 14.5-hectare land in Cyberjaya with an estimated gross development value (GDV) of RM1.36 billion.
DXN Holdings Bhd (KL:DXN) said it is terminating its plan to develop a medicine facility and a wellness centre due to a lack of progress and failure to achieve the expected benefits.