Cash-rich Luxchem to acquire Klang land for future development
Cash-rich industrial chemical firm Luxchem Corporation Bhd (KL:LUXCHEM) is acquiring three plots of land in Klang for RM40.55 million to be developed in the future.
i-City and Wyndham to launch Wyndham i-City and debut i-City AI World
i-Bhd (KL:IBHD) and Wyndham Hotels & Resorts will jointly launch the 200-room Wyndham i-City in December and will debut i-City AI World, an AI and robotics experience centre that will be open to the public.
After delays, KLIA aerotrain now ready for 24/7 operations
After a scheduled two-week maintenance period, the KLIA aerotrain has successfully resumed round-the-clock operations, according to airport operator Malaysia Airports Holdings Bhd (MAHB).
Kumpulan Jetson appoints five minority shareholders’ nominees as directors ahead of AGM
Kumpulan Jetson Bhd (KL:JETSON) has appointed five new independent and non-executive directors to its board, all of whom were nominees of a group of minority shareholders that had earlier sought to remove the company’s existing directors.
OSK Holdings enters Rawang market, acquires three freehold parcels for residential, commercial
The land parcels measure approximately 14.48 acres and are located within the established township of Bandar Country Homes.
BNM likely to stand pat on policy rate after July’s surprise, economists say
BNM will maintain the overnight policy rate at 2.75% at its second-last meeting of the year, according to 22 of 24 economists polled by Bloomberg.
S P Setia previews landed Starter Homes priced from RM500k at Setia Alamsari, Kajang
With prices starting from RM500,000, it targets first-time homeowners, young couples, and upgraders seeking family-oriented residences.
Johor earthquakes shake sentiment rather than buildings safety, says BIMB Securities
Most data centres in Malaysia are single-storey, under 10 metres tall, with minimal reliance on load-bearing columns, giving them inherent seismic stability, the research house said in a note.
KSK's ambitious project 8 Conlay forced to sell after legal battles
KSK Group's ambitious pivot from insurance to property development has turned awry as its flagship 8 Conlay project—the group's maiden property venture—has been officially put up for sale.
Ekovest continues to bleed in 4Q, but narrower on lower taxation
Diversified group Ekovest Bhd (KL:EKOVEST) extended its quarterly streak in the red, but with a narrower net loss in the fourth quarter, helped by lower taxation.
