Genting Malaysia submits bid for New York casino licence
Genting Malaysia Bhd (KL:GENM) announced that a formal bid has been submitted for a casino licence in New York as part of a US$5.5 billion (RM23.19 billion) resort development in Queens.
SD Guthrie, Sime Darby Property to co-develop 2,000 acres on Carey Island into industrial, logistics hub
Palm oil producer SD Guthrie Bhd (KL:SDG), formerly known as Sime Darby Plantation Bhd, and its sister company Sime Darby Property Bhd (KL:SIMEPROP) have entered into an agreement to jointly develop up to 2,000 acres of land on Carey Island, Selangor.
Advancecon initiates adjudication over ECRL project works payment dispute
Advancecon Holdings Bhd (KL:ADVCON) said the group has issued a notice of adjudication to China Communications Construction (ECRL) Sdn Bhd (CCC) over a payment dispute relating to the East Coast Rail Link (ECRL) project.
DayOne secures RM15b multicurrency financing for data centres in Johor
A developer of data centres planned in the Johor-Singapore Special Economic Zone (JS-SEZ) has secured RM15 billion in financing from a group of lenders.
Binastra gets RM268m job to build Segambut serviced apartment
Binastra Corporation Bhd (KL:BNASTRA) on Wednesday said it has secured a contract worth RM268 million to build serviced apartments.
Analysts upbeat on M-REITs’ dividend yields amid easing rate outlook
Maybank IB said that M-REITs are projected to deliver attractive average dividend yields of 5.6% in 2025 and 6.1% in 2026.
Econpile secures RM43 mil piling job for Penang LRT project
Econpile Holdings Bhd (KL:ECONBHD) has secured a RM42.82 million subcontract to undertake piling works for the Mutiara Line light rail transit (LRT) project in Penang.
Jaya Tiasa diversifies into property development with RM100m land purchase in Sarawak
Palm oil and timber producer Jaya Tiasa Holdings Bhd (KL:JTIASA) is buying four parcels of land sited one kilometre away from the Sibu town in Sarawak for RM100 million in cash, as it bids to expand into property development.
AME Elite’s 4Q net profit rises 40% on strong construction revenue
AME Elite Consortium Bhd (KL:AME) on Friday reported a 40.11% increase in net profit for its fourth quarter ended March 31, 2025 (4QFY2025), mainly driven by higher revenue from its construction services segment.
Chin Hin’s 1Q net profit doubles on contribution from Signature International, turnaround in property development
Chin Hin Group Bhd (KL:CHINHIN) saw its first-quarter net profit double, mainly on contributions from kitchen and wardrobe maker Signature International Bhd (KL:SIGN) and a turnaround in its loss-making property development segment.
