News by theedgemalaysia.com

Malaysia’s central bank kept interest rates unchanged on Thursday as expected amid stable prices and strong growth.

IOI Properties Group Bhd (KL:IOIPG) won the Best of the Best award at The Edge Malaysia ESG Awards 2026 on Tuesday, recognising companies that have demonstrated consistent ESG performance over three consecutive years.

A government valuation officer told the High Court on Tuesday that the RM1,390,602.70 compensation the government paid to Semantan Estate (1952) Sdn Bhd for the acquisition of 263.272 acres of prime ‘Duta Enclave’ land here was adequate and there should be no additional payments.

KLCC (Holdings) Sdn Bhd welcomes visitors to Ombak KLCC, its latest component to the KLCC Precinct in Kuala Lumpur

IJM Corporation Bhd (KL:IJM) said it expects a strong showing from its construction division in the current financial year, after stronger construction activities helped lift its first-quarter net profit by 43.7%.

IJM Corp Bhd (KL:IJM) has appointed industry veteran Datuk Lee Teck Yuen as chairman of the construction and infrastructure giant effective Aug 27.

BIMB Securities reported in its initiation coverage that Avaland Bhd (KL:AVALAND) could see upsides of 59% to its stock, as the premium-focused Klang Valley property developer’s strong project pipeline provides multi-year earnings visibility.

Engineering and construction group Ahmad Zaki Resources Bhd (KL:AZRB) has been hit with another winding-up petition, this time over RM407,753 in alleged unpaid bills for goods and materials supplied.

Engineering and construction group Ahmad Zaki Resources Bhd (KL:AZRB) has been hit with another winding-up petition, this time over RM407,753 in alleged unpaid bills for goods and materials supplied.

The government on Friday challenged the valuation presented by Semantan Estate (1952) Sdn Bhd's valuer to the High Court, contending that his estimation for the 263.272-acre ‘Duta Enclave’ land compensation based on 1956 market rates was flawed.