Loss-making MUI Properties Bhd (KL:MUIPROP), in which Malayan United Industries Bhd (KL:MUIIND) owns a 23.48% stake, is selling 53 acres of freehold land in Port Dickson, Negeri Sembilan, for RM80.8 million cash.

Azam Jaya Bhd, a Sabah-based construction company, filed for an initial public offering (IPO) on the Main Market of Bursa Malaysia to raise funds to buy equipment and free up working capital to pursue larger projects.

Econpile Holdings Bhd (KL:ECONBHD) has secured a RM26.5 million contract to undertake piling, earthworks and sub-structure works for a 40-storey condominium project in Mont Kiara.

Noteworthy:

• Freehold
• Built-up size: 1,500 sq ft
• 3 bedrooms, 3 bathrooms
• Floor location: Low
• Fully furnished
• Nearby amenities: TERKL, KLCC Park, Pavilion Bukit Bintang, Jalan Alor Food Street, Plaza Low Yat, Tung Shin Hospital, Raja Chulan monorail station, MRT Bukit Bintang, Dataran Merdeka, Central Market, schools
• Accessibility: Jalan Raja Chulan, Jalan Pudu, Jalan Imbi, Jalan Sultan Ismail, MEX, Sungai Besi Expressway, AKLEH

When: May 2024

The new office will offer a wide range of services, including residential and commercial property sales and leasing, property management, transactions, valuation and advisory services.

RHB Investment Bank favours Kerjaya Prospek Group Bhd (KL:KERJAYA) for its attractive dividend yield of 5% estimated for the financial year ending Dec 31, 2025, alongside a steady profit after tax margin.

Wawasan Dengkil Holdings Bhd, a construction services company, filed for an initial public offering (IPO) on the ACE Market to raise funds to buy equipment, and to finance project working capital.

“I want to buy a house as a newlywed with my partner but both of us do not have enough money to afford a house in Selangor.” Don’t worry! Rumah Selangorku has got you covered!

Noteworthy:

• Freehold
• Built-up size: 8,000 sq ft
• Land size: 8,000 sq ft
• 6 bedrooms, 8 bathrooms
• Semi-furnished
• Nearby amenities: MRT Pusat Bandar Damansara, Bangsar LRT station, Bangsar Shopping Center, Bangsar Village I & II, and various F&B outlets
• Accessibility: SPRINT - Damansara Link and Kerinchi Link, Jalan Maarof, Jalan Tuanku Abdul Halim

When: December 2023

The Court of Appeal's decision to overturn a defamation case in favour of CTOS Digital Bhd's (KL:CTOS) unit confirms its legal right to publish credit scores, boosting the group’s credit reporting business, said analysts.