Econpile bags contract for RM30m substructure works in Shah Alam
Econpile Holdings Bhd has secured a RM30 million contract to undertake substructure works for a 15-storey office building in Shah Alam.
KLCCP Stapled Group posts 38% jump in 4Q profit, declares highest yearly dividend since listing in 2013
KLCCP Stapled Group’s net profit rose 37.6% to RM384.59 million for the fourth quarter ended Dec 31, 2023 (4QFY2023), from RM279.47 million a year ago, primarily contributed by improvement in the hotel and retail segments, while the office segment remained stable.
FGV unit wins RM12.6 mil in estate workers housing project dispute with contractor
An arbitral tribunal has awarded a unit of FGV Holdings Bhd RM12.64 million in the plantation group’s contract dispute with construction company Multazam Development Sdn Bhd concerning the latter’s termination from an estate workers housing project.
YTL Hospitality REIT acquires Syeun Hotel in Ipoh for RM55m cash
YTL Hospitality REIT (YTL REIT) is acquiring Syeun Hotel in Ipoh, Perak, for RM55 million cash, as it looks to continuously acquire and invest in high-quality hospitality properties in Malaysia and internationally, with a view to providing long-term and sustainable income distribution to unitholders and achieving long-term growth in net asset value per unit.
Suria Capital inches up after inking deal for RM4.2b mixed commercial project in Kota Kinabalu
Shares of Suria Capital Holdings Bhd inched higher to RM2.15 in the afternoon trading session on Wednesday after the Sabah ports operator signed two shareholders' agreements with BEDI Development Sdn Bhd to establish two joint venture (JV) companies for the development of prime land within the Kota Kinabalu Port area.
Bina Puri hit with winding-up petition by YTL unit over alleged unsettled sum of RM1.7m
Bina Puri Holdings Bhd said it was hit with a winding-up petition by an indirect subsidiary of YTL Corp Bhd, for an alleged unsettled amount of RM1.74 million.
Gamuda Land partners DNB to drive smart city initiatives with 5G technology
In a move towards the development of smart cities in Malaysia, Gamuda Land has announced a collaboration with Digital Nasional Bhd (DNB), marking a key step in enhancing 5G connectivity and infrastructure within its townships.
Advancecon bags RM27 mil earthworks contract for Rawang project
Advancecon Holdings Bhd announced that its wholly owned subsidiary Advancecon Infra Sdn Bhd (AISB) has bagged a RM27.3 million contract from Mujur Minat Sdn Bhd to carry out site clearing and earthworks construction (stage 1) for the Gamuda Gardens Park mixed development project in Rawang, Selangor.
Eco World International plans further RM500m capital repayment after RM1.5b last year
Eco World International Bhd (EWI) plans to reduce its share capital by a further RM500 million to pay a targeted 21 sen per share in dividends or RM504 million in total payout over the next two years.
UEM Sunrise partners Alliance Bank Malaysia to provide home financing solutions
The partnership is an initiative to allow homebuyers to customise their living spaces for renovations and interior design.
