Parkson’s subsidiaries in China renew tenancy for 10 years
Parkson Holdings Bhd (KL:PARKSON) said two of its units in mainland China have renewed their respective tenancy for another 10 years until December 2034.
TAFI Industries unit disposes of Muar property for RM12 mil
TAFI Industries Bhd's (KL:TAFI) wholly-owned unit, TA Furniture & Projects Sdn Bhd (TAFPSB) is disposing of one of its industrial premises comprising a factory annexed with a storey office in Muar, Johor for RM12 million.
Tasco to invest additional RM400m to expand warehouse capacity over next two years
Integrated logistics solutions provider Tasco Bhd (KL:TASCO) plans to invest an additional RM400 million from now to 2026 to expand its warehouse capacity.
Nestcon bags RM37.7 mil construction job in Selangor
Nestcon Bhd (KL:NESTCON) has secured a RM37.7 million contract for construction works on a development project in Kota Seri Langat in Banting, Selangor.
Nextgreen inks MOU with SPOIC to establish Green Technology Park Sandakan
Nextgreen Global Bhd (KL:NGGB) has signed a memorandum of understanding (MOU) with Sawit Palm Oil Industrial Cluster Sdn Bhd (SPOIC) to collaborate on establishing the 400-acre Green Technology Park Sandakan in Sabah.
Sime Darby Property plans internal reorganisation to streamline business operations
Sime Darby Property Bhd (KL:SIMEPROP) announced that it has proposed an internal reorganisation, which involves transferring selected assets, liabilities and business activities to its wholly-owned subsidiaries.
JLL Malaysia anticipates more data centre developments across Malaysia due to rising demand
While Greater Kuala Lumpur and Johor remain the two locations with the highest growth in the number of data centres in Malaysia, other locations will also start seeing more data centre developments as demand continues to increase, according to JLL Malaysia.
Paramount Corp eyes profit boost with EWI stake, targets 30% earnings from overseas projects by 2030
Real estate developer Paramount Corp Bhd (KL:PARAMON) is aiming for 30% of its annual profit to stem from overseas property projects by 2030, supported by its recent acquisition of a 21.5% stake in Eco World International Bhd (EWI) (KL:EWINT), as domestic orders are expected to saturate.
WCT climbs 27%, trading volume swells to record high
Shares in WCT Holdings Bhd (KL:WCT) climbed to their highest in more than four years on Thursday.
Court sets August 9 to hear winding-up petition against SPNB Aspirasi
The High Court here has set August 9 to hear Tunas Manja Development & Construction (KL) Sdn Bhd's (TMDC KL) winding-up petition against SPNB Aspirasi Sdn Bhd, a wholly-owned subsidiary of national housing development company Syarikat Perumahan Negara Bhd (SPNB).
