News by Syafiqah Salim

Property developer LBS Bina Group Bhd (KL:LBS) said on Thursday that it has unbilled sales of RM1.71 billion as at end-May, which will be recognised in the upcoming years.

Soaring Success Sdn Bhd, a company linked to the Loh family, has emerged as the largest shareholder in Oriental Holdings Bhd (KL:ORIENT), while some family members have been excluded from ownership.

Crescendo Corp Bhd (KL:CRESNDO) announced another land sale to a data centre company. This time around, the property developer is selling a parcel of land in Pulai for RM115.88 million, cash.

Hektar Asset Management Sdn Bhd, the manager of Hektar Real Estate Investment Trust (KL:HEKTAR), has announced the resignation of its executive director and CEO Johari Shukri Jamil effective immediately.

Muhamad Mat Yakim said that the Kedah MB met with a delegation from China's Henan Airport Group on Sunday.

The Malaysian REIT Managers Association (MRMA) has appointed Leong Kit May, the chief executive officer (CEO) of Axis REIT Managers Bhd, as its new chairman.

Sime Darby Property Bhd (KL:SIMEPROP) announced that it has proposed an internal reorganisation, which involves transferring selected assets, liabilities and business activities to its wholly-owned subsidiaries.

Shares in Inta Bina Group Bhd (KL:INTA) touched a new record high on Wednesday, after the construction company announced that it had secured a RM111.98 million contract.

AEON Co (M) Bhd (KL:AEON) is buying two pieces of land in Seremban, Negeri Sembilan for RM102.89 million to build a shopping mall.

AME Elite Consortium Bhd (KL:AME) is buying three parcels of freehold land, measuring 37.5 acres, in Kulai, Johor for RM106.17 million to develop an industrial cluster.