Govt in active talks for amicable solutions over Duta enclave dispute with Semantan Estate
The government is actively negotiating for an amicable solution over the ‘Duta enclave’ conundrum, the court heard on Thursday.
TSR Capital secures RM75m contract for construction work in Gombak
TSR Capital Bhd (KL:TSRCAP) said on Wednesday that it has secured a RM75 million contract to undertake construction works at Elmina Business Park 2 in Gombak, Selangor.
KPMG's resignation part of routine governance practice, says Bina Darulaman
Bina Darulaman Bhd (KL:BDB) said the resignation of its external auditor KPMG four months after its reappointment “is part of a routine governance practice” following the extension of its tenure.
Chin Hin MD ceases to be substantial shareholder in NCT Alliance after selling 0.62% stake for RM5.8m
Chin Hin Group Bhd (KL:CHINHIN) managing director Chiau Haw Choon is no longer a substantial shareholder in NCT Alliance Bhd (KL:NCT) after disposing of a 0.62% stake for RM5.8 million.
Haily Group bags RM76 mil housing construction contract from Mah Sing
Haily Group Bhd (KL:HAILY) said on Wednesday that it has secured a RM75.9 million contract from Mah Sing Group Bhd’s (KL:MAHSING) subsidiary for construction works on a residential development in Johor Bahru.
WCT Holdings proposes RM2.44 bil disposal of retail properties to a newly established REIT
WCT Holdings Bhd (KL:WCT) has proposed to dispose of three retail properties for RM2.44 billion to a newly established real estate investment trust (REIT) named Paradigm REIT, which will be listed on the Main Market of Bursa Malaysia.
Glomac 1Q net profit up 79% on better property development, investment revenue
Glomac Bhd's (KL:GLOMAC) net profit rose 79.04% to RM7.28 million for its first quarter ended July 31, 2024 (1QFY2025), from RM4.06 million a year ago, driven by higher revenue and improved profit margins from better margin projects.
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SCIB buys land in Bintulu to undertake housing project
Precast concrete product maker Sarawak Consolidated Industries Bhd (KL:SCIB) said it is buying a vacant leasehold land measuring 2.49 hectares in Bintulu to undertake a housing project.
Kimlun bags RM128m job to build residential development in JB
Kimlun Corp Bhd (KL:KIMLUN) has secured a RM128.13 million contract to build a residential development in Johor Bahru, the fifth contract win it has announced this year.
Widely expected US rate cut to boost large-cap banks, energy stocks, REITs — Kenanga
A widely expected US policy rate cut this week will boost Malaysian stocks in the oil and gas (O&G), real estate investment trust (REIT), and large-cap banking sectors, Kenanga Investment Bank said.
