News by izzul Ikram

Berjaya Corp Bhd (KL:BJCORP) remained in the red for its second quarter ended Dec 31, 2024 (2QFY2025), dragged by high finance costs and investment-related expenses.

Axis Real Estate Investment Trust (KL:AXREIT) is selling a warehouse property in Petaling Jaya, called The Annex, for RM24.2 million.

Telekom Malaysia Bhd (KL:TM) expects the second phase of its data centres in Cyberjaya and Iskandar Puteri, Johor, to achieve commercial operation in the third quarter of 2025 (3Q2025).

Practice Note 17 (PN17) company Perak Corp Bhd (KL:PRKCORP) has proposed a regularisation plan that consists of a capital reduction, joint development project, RM89.6 million in land sales, RM40.38 million entitlement from a joint development, and preference share issuance to settle debt owed to creditors.

Eco World Development Group Bhd (EcoWorld Malaysia) (KL:ECOWLD) has taken full control of a firm developing properties in Puncak Alam by acquiring the Employees Provident Fund's (EPF) 40% stake in the firm.

YNH Property Bhd (KL:YNHPROP) has clarified that its sale of AEON Mall Seri Manjung in Perak to Sunway Real Estate Investment Trust (KL:SUNREIT) for RM138 million is subject to shareholders’ approval in an extraordinary general meeting (EGM) to be fixed later.

Perak Corp Bhd (KL:PRKCORP) has proposed to undertake a mixed development project on 54.8 acres of land owned by the company in Hulu Kinta, Perak.

Teladan Setia Group Bhd (KL:TELADAN) has cancelled its plan to purchase a piece of land in Melaka Tengah for RM48.54 million for a health and wellness centre and serviced apartments project.

YTL Corp Bhd (KL:YTL) said its Singapore-listed industrialised building systems (IBS) unit NSL Ltd has received a four-month extension until June 6 to adhere to the Singapore Exchange's (SGX) 10% public shareholding requirement.

KLCCP Stapled Group (KL:KLCC) posted a 12% rise in net profit for the fourth quarter, driven by full ownership of Suria KLCC Mall and higher fair value gains.