Lulu Group shuts down retail operations in Malaysia
Lulu Group is shutting down its hypermarkets in Malaysia, while keeping its wholesale division in the country.
Mitraland founder Chuah Theong Yee ceases to be substantial shareholder of Eonmetall
Mitraland Group founder Chuah Theong Yee has ceased to be a substantial shareholder in steel products maker Eonmetall Group Bhd (KL:EMETALL).
Taghill CEO Ng Wai Hoe steps down
Construction outfit Taghill Holdings Bhd (KL:TAGHILL) has announced the resignation of its CEO and executive director, Ng Wai Hoe, effective immediately.
Dispute resolution panel orders Zelan to pay subcontractor RM22.4 mil
An arbitral tribunal has ruled against Zelan Bhd’s (KL:ZELAN) in a dispute related to a construction contract with subcontractor Landasan Kapital (M) Sdn Bhd.
Lagenda 1Q profit grows 4%, doubles FY2025 property launch target
Lagenda Properties Bhd (KL:LAGENDA) posted a 4.4% year-on-year (y-o-y) increase in net profit for the first quarter, thanks to earnings recognised from elimination adjustments.
Symphony Life plans RM23m private placement to fund Lembah Ledang project
Symphony Life Bhd (KL:SYMLIFE) has proposed to raise up to RM23.53 million via a private placement of 10% of its enlarged share base to fund a joint development project.
YTL Corp's 3Q profit down 16%, dragged by weak YTL Power results, offset by Malayan Cement's strong showing
YTL Corp Bhd (KL:YTL) on Thursday posted a 15.5% year-on-year drop in quarterly net profit, dragged by YTL Power International Bhd's (KL:YTLPOWR) weaker results, offset by a strong showing from Malayan Cement Bhd (KL:MCEMENT).
Axis REIT to establish RM3 bil sukuk programme
Axis Real Estate Investment Trust (KL:AXREIT) has proposed the establishment of a sukuk programme of up to RM3 billion in nominal value.
Exsim Hospitality returns to black on new segment contribution
Exsim Hospitality Bhd (KL:EXSIMHB), formerly known as Pan Malaysia Holdings Bhd, has returned to the black in its third quarter, thanks to a new segment’s contribution.
Acme Holdings to sell 5.85-acre land in Penang for RM22m
Acme Holdings Bhd (KL:ACME) is selling a 5.86-acre parcel together with a building atop in Perai, Penang, for RM22 million cash to Nation Robo Sdn Bhd.
