AWC plans one-for-four bonus warrants
AWC currently has 339.36 million shares in circulation and no outstanding warrants.
MAHB demands immediate fixes from contractors as aerotrain reliability dives; restarts shuttle bus service
Malaysia Airports Holdings Bhd (MAHB) said it has demanded immediate corrective action from its aerotrain contractors as its preliminary assessments revealed a declining trend in the train's system reliability, in particular its vehicle and power distribution systems.
Bina Puri seeks 10% debt waiver under conceptual restructuring plan
Bina Puri Holdings Bhd (KL:BPURI) has outlined a "conceptual" scheme of arrangement that proposes creditors grant a 10% waiver on debts it owes them, as the company seeks court protection to finalise its financial overhaul.
Country Heights auditor flags going concern uncertainty after FY2025 losses and liabilities exceeding assets
The external auditor of Country Heights Holdings Bhd (KL:CHHB) has flagged a material uncertainty related to the property developer’s ability to continue as a going concern considering its net loss and its liabilities exceeding assets for the financial year ended June 30, 2025 (FY2025).
EWI Capital commits RM276.5m to Australian prime office fund
EWI Capital Bhd (KL:EWICAP), formerly Eco World International Bhd, is pivoting its business to investment holding with a A$100 million (RM276.5 million) commitment to a fund investing in prime Australian office buildings.
PNB, EPF say no plan to exit Battersea project amid sale murmurs
Permodalan Nasional Bhd (PNB) and the Employees Provident Fund (EPF) said there are no immediate plans to exit the Battersea Power Station project in London. This comes amid talk of the funds looking to sell the commercial asset within the development they acquired in 2019.
LBS Bina, Oriental Holdings seal RM600m Melaka mixed-use JV
Ultra Green, which owns the land, will be entitled to 17% of the estimated RM600 million GDV for Phases 1A and 1B, with the remainder allocated to Business Park Development.
EcoFirst's 1Q profit soars over 11 times; plans project adjustments to counter SST impact
The 6% SST on certain construction materials and construction services from July this year may lead to higher home prices, lower margins and a potential market slowdown.
Bina Darulaman names Che Abdul Khalid Md Din as new CEO
Che Abdul Khalid is set to succeed YM Raja Shahreen Raja Othman, whose fixed-term contract is set to expire at the end of this month.
IWCity seeks fifth extension to deliberate IWH merger
The plan, first proposed in September 2023, is part of a wider reorganisation of Lim’s stable of companies and entails IWCity's acquisition of IWH’s units via the issuance of IWCity shares.
