DXN Holdings Bhd (KL:DXN) said it is terminating its plan to develop a medicine facility and a wellness centre due to a lack of progress and failure to achieve the expected benefits.

Citaglobal Bhd (KL:CITAGLB) signed a deal on Friday to buy a 1.58-acre land at Jalan Tun Razak from Bank Islam Malaysia Bhd (KL:BIMB), for RM73 million.

Construction player and property developer Vizione Holdings Bhd (KL:VIZIONE) slipped into the red with a net loss of RM79.68 million for the second quarter ended Nov 30, 2024 (2QFY2025), reversing from a net profit of RM213,000 a year ago.

MIDF Research has raised concern over the sharp selloff in Malaysian construction stocks, suggesting that market reaction may be overdone. 

Lebtech Bhd (KL:LEBTECH) has secured a RM21 million contract to develop 104 units of two-storey terraced houses in Seksyen U13, Shah Alam.

S P Setia Bhd will be ushering in the Year of the Snake with its Setia Chinese New Year (CNY) 2025 campaign with plenty of fun-filled activities and offers.

The Eco World Foundation donated a haemodialysis machine worth RM52,000 to the St John Ambulance Malaysia-Kawasan Pantai Selangor Foundation (SJAM-KPS) on Friday (Jan 24).

Loss-making construction company Ecobuilt Holdings Bhd (KL:ECOHLDS) has proposed a share capital reduction to wipe out its accumulated losses, as well as a rights issue to raise fresh capital.

Taghill Holdings Bhd (KL:TAGHILL) said it is not proceeding with a RM38.88 million contract to build a 15-storey columbarium in the city centre due to escalating material costs.

Noteworthy:

• Freehold
• Built-up size: 1,800 sq ft
• Floor level: Mid
• 3 bedrooms, 2 bathrooms
• Fully furnished
• Nearby amenities: TERKL, KLCC Park, Perdana Botanical Gardens, Pavilion KL, Tung Shin Hospital, Raja Chulan monorail station, MRT Bukit Bintang, Central Market, schools
• Accessibility: Jalan Raja Chulan, Jalan Pudu, Jalan Imbi, Jalan Sultan Ismail, MEX, Sungai Besi Expressway, AKLEH, Jalan Ampang, Jalan Tun Razak

When: August 2024