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News by syafiqah Salim

news

Sime Darby Property to build, lease out data centre in RM2 bil deal

23 May, 2024

Sime Darby Property Bhd (KL:SIMEPROP) said on Thursday it will build and lease out a hyperscale data centre at its Elmina Business Park in a deal worth RM2 billion, marking the group’s entry into the data centre segment.

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news

Lagenda Properties buys land in Kedah for affordable housing development

22 May, 2024

Lagenda Properties Bhd (KL:LAGENDA) said it is buying 855 acres of freehold land in Kuala Muda, Kedah for RM148.98 million to capitalise on the demand for affordable housing.

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Govt extends freeze on foreign worker applications, no new quota

21 May, 2024

The number of foreign workers in the country should not exceed 15% of the 17.1 million labour force projected by the Ministry of Economy. 

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news

Ho Hup's property development unit applies for judicial management

20 May, 2024

Ho Hup Construction Company Bhd (KL:HOHUP) said its 52%-owned unit Golden Wave Sdn Bhd (GWSB) has applied with the High Court to be placed under judicial management.

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Mitrajaya clinches RM174m hospital project in Shah Alam

16 May, 2024

Mitrajaya Holdings Bhd (KL:MITRA) has clinched a contract worth RM174.3 million to build a hospital in Shah Alam, Selangor.

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Menang diversifies into healthcare biz with wellness park in Negeri Sembilan

15 May, 2024

Menang Corp (M) Bhd (KL:MENANG), a property development and management company, is venturing into healthcare by establishing a health and wellness-related development in Negeri Sembilan.

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Ex-TIME dotCom CFO Shahnaz Farouque joins MBSB

15 May, 2024

Former TIME dotCom Bhd (KL:TIMECOM) chief financial officer Shahnaz Farouque Jammal Ahmad has joined Malaysia Building Society Bhd (KL:MBSB) as the banking group’s new CFO.

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AME Elite shares rise to new record high on Pulai land sale

14 May, 2024

AME Elite climbed as much as 10% or 18 sen to RM1.96 during the morning session. The counter settled at RM1.78 at Tuesday’s noon break, valuing the construction company at RM1.14 billion.

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news

AME Elite sells land in Pulai to data centre operator for RM209.84 mil cash

13 May, 2024

AME Elite Consortium Bhd (KL:AME) is selling 11 plots of freehold land measuring over 34.91 acres in Pulai, Johor Bahru, for RM209.84 million cash to Hong Kong-based data centre operator Digital Hyperspace Malaysia Sdn Bhd (DHM).

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Eversendai gets UMA query as share price jumps to five-year high

13 May, 2024

Eversendai Corp Bhd’s recent sharp rise in its share price has attracted scrutiny from Bursa Malaysia, which issued an unusual market activity (UMA) query to the steel structure and fabrication company on Monday.

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