News by TheEdgeMarkets.com

AEON CO (M) Bhd (AEON) have signed a supply agreement for renewable energy (SARE) with Tenaga Nasional Bhd (TNB) and GSPARX Sdn Bhd (GSPARX) for the installation of solar photovoltaic (PV) facilities.

Mutiara Johan Group anticipates strong sales for its Mutiara Central bumi lots once they are released in a few weeks time.

Glomac Bhd has proposed to acquire the remaining 49% stake in Glomac Bina Sdn Bhd from the group's executive chairman and major shareholder Tan Sri Mohamed Mansor Fateh Din (FD Mansor) and another major shareholder, Mohd Yasin Loh Abdullah.

News that property developer Country Heights Holdings Bhd's founder and largest shareholder Tan Sri Lee Kim Yew had been declared bankrupt by the Shah Alam High Court went viral yesterday.

Country Heights Holdings Bhd founder and largest shareholder Tan Sri Lee Kim Yew has been declared a bankrupt by the Shah Alam High Court.

MBSB Bank Bhd will offer a specially designed financing programme to contractors and vendors involved in current and future projects by Mass Rapid Transit Corp Sdn Bhd (MRT Corp), including the Rapid Transit System (RTS) Link project between Johor Bahru and Singapore.

Malaysia emerged as the top destination for data centre investment among the Southeast Asia five (SEA-5), with 113MW of take-up in 2022, and around 20% forecasted supply growth for the next five years.

IJM Corp Bhd has come up with a climate strategy outlining mitigation and adaptation measures it will take to face climate change, as the group said it is compelled to act now, with global warming expected to reach 1.5°C above pre-industrial levels by the early 2030s.

Bintai Kinden Corp Bhd said the group is working towards reaching an amicable solution after the company was sued by MBSB Bank Bhd for allegedly defaulting on a RM109 million Islamic financing facility.

The company said for the time being, there are no definitive agreements finalised and presented to the board of directors for consideration.