News by theedgemalaysia.com

UEM Sunrise Bhd’s (KL:UEMS) collaborative company, Mega Legacy (M) Sdn Bhd, has signed a memorandum of understanding (MOU) with Kuala Lumpur City Hall (DBKL) to implement Phase 2 of the lake rehabilitation programme at Kepong Metropolitan Park, Kuala Lumpur.

Semantan Estate (1952) Sdn Bhd may consider filing for a review of Thursday’s Federal Court decision, which rejected its appeal for the physical recovery of the ‘Duta Enclave’ land and the transfer of the registration of the title to the company.

Semantan Estate (1952) Sdn Bhd has lost its appeal over the Court of Appeal decision on June 24, upholding a ruling that prevents its registration of the prime "Duta Enclave" land currently owned by the government and the physical handover of the land to the company.

YNH Property Bhd (KL:YNH) said the deadline for its proposed disposal of a five-acre freehold land in Desa Sri Hartamas to Sunway Bhd (KL:SUNWAY) for RM170 million has been further extended  to mid-June 2026.

Digital and outsourcing solutions provider Privasia Technology Bhd (KL:PRIVA) said on Wednesday that it will independently lead the development of a planned data centre project in Bagan Datuk, Perak.

Kerjaya Prospek Group Bhd (KL:KERJAYA) has secured a RM56.4 million construction contract from the Penang Chief Minister’s Department.

Malaysia’s construction sector recorded 10.6% growth, with the value of work done reaching RM45.4 billion in the third quarter of 2025, according to the Department of Statistics Malaysia's (DOSM) latest data.

The mandatory general offer (MGO) from Vestland Bhd’s (KL:VLB) largest shareholders, at a discount to its market price, has come to a close with a sliver of acceptances.

Amanahraya Real Estate Investment Trust (KL:ARREIT) plans to establish a RM2 billion medium-term note programme to raise capital for refinancing and funds for working capital and capital expenditure.

Construction firm Taghill Holdings Bhd (KL:TAGHILL) said two of its wholly owned subsidiaries, which are not major contributors, have filed applications for a judicial management order to address their financial position and cash flow constraints.