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News by theedgemalaysia.com

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AYER Holdings secures full take-up of Bukit Puchong Boulevard, unveils Phase 2

26 September, 2025

AYER Holdings Bhd (KL:AYER) has recorded a full take-up for all 54 units at Bukit Puchong Boulevard within 11 months of launch and is moving ahead with the second phase of the commercial precinct, it said in a press release on Sept 23.

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Paramount Corporation to open ninth co-working space in Johor this November

26 September, 2025

Paramount Corporation Bhd (KL:PARAMON) plans to launch its ninth Co-labs Coworking location at Mid Valley Southkey in Johor this November—its first expansion outside the Klang Valley.

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PN17 firm Meridian says it can only submit annual report two weeks after cut-off date

26 September, 2025

Practice Note 17 (PN17) property developer Meridian Bhd (KL:MERIDIAN) said it is unable to submit to Bursa Securities and shareholders its annual report, which includes the audited financial statements along with the auditors’ and directors’ reports, for the financial period ended May 31, 2025 (FPE2025), by the Sept 30 deadline.

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Ireka to be suspended on Oct 3, risks delisting after extension bid for regularisation plan rejected

26 September, 2025

Trading in Ireka Corp Bhd (KL:IREKA) will be suspended from Oct 3, after the construction firm’s appeal for more time to submit its regularisation plan was dismissed by Bursa Securities.

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Gagasan Nadi gets nod for partial purchase of hostel management concession

26 September, 2025

Construction firm Gagasan Nadi Cergas Bhd (KL:NADIBHD) said it has received government approval to acquire only a majority stake, and not a 100% stake, in Konsortium PAE Sepakat Sdn Bhd (KPSSB), which owns a facility management concession for student hostel facilities in seven polytechnic campuses.

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F&N to sell PJ property asset for RM180 mil to fund dairy farm business

26 September, 2025

Fraser & Neave Holdings Bhd (KL:F&N) has proposed to dispose of its half stake in a non-core property asset in Petaling Jaya for about RM180 million to focus on growing its dairy farm business.

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EcoWorld, SD Guthrie complete RM573 mil land deal to kick off Negeri Sembilan industrial park

26 September, 2025

The planned RM2.95 billion industrial park in Negeri Sembilan is set to begin development following the completion of the acquisition of 1,195 acres of land in Port Dickson, said SD Guthrie Bhd (KL:SDG) on Thursday.

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Teh Wan Wei steps down as Sentral REIT CEO after over three years

25 September, 2025

Sentral REIT (KL:SENTRAL) said Teh Wan Wei has stepped down as CEO of the investment trust's manager, Sentral REIT Management Sdn Bhd, with immediate effect.

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LB Aluminium’s 1Q profit jumps 31% on stronger property contributions

24 September, 2025

LB Aluminium Bhd (KL:LBALUM), which is involved in the aluminium and property development businesses, posted a 30.9% year-on-year increase in first-quarter earnings, lifted by stronger contributions from its property segment on the back of higher sales.

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Court strikes out KL Tower-linked suit against communications minister, govt, and others

24 September, 2025

The High Court has struck out KL Tower food and beverage concessionaire Asian Kitchen (M) Sdn Bhd’s case against Communications Minister Datuk Fahmi Fadzil and the government over the debacle in relation to the operations of the iconic tower.

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