A consortium between Citaglobal Bhd and Reneuco Bhd has secured a 30-year concession to supply electricity to the East Coast Rail Link (ECRL) from project owner Malaysia Rail Link Sdn Bhd (MRL).

The Sessions Court has allowed Hydroshoppe Sdn Bhd director Datuk Abdul Hamid Shaikh Abdul Razak Shaikh's passport to be returned temporarily for him to attend work-related engagements in the US and Germany.

Kuala Lumpur Kepong Bhd has redesignated its chief executive officer Tan Sri Lee Oi Hian as its executive chairman, following the retirement of Tun Raja Muhammad Alias Raja Muhammad Ali as the group's non-executive chairman on Wednesday.

Builder cum property developer LBS Bina Group Bhd has reported a 31% growth in its fourth quarter net profit, underpinned by increased contribution from its property development business and better progress of construction activities. 

Co-labs Coworking is eyeing to double its total space under management to 300,000 sq ft across Malaysia in the next two years, its director Benjamin Teo told the press at the official launch of the seventh Co-labs Coworking space at The Five in Damansara Heights, Kuala Lumpur, on Wednesday.

Noteworthy:

• Built-up size: 50,000 sq ft
• Land size: 80,000 sq ft
• Freehold
• Fully furnished
• 15 bedrooms, 8 bathrooms
• Nearby amenities: Variety of small businesses, F&B outlets, Giant Kemuning Utama, Gamuda Walk Mall
• Accessibility: ELITE, NKVE, KESAS

When: November 2023

Gamuda Land, the property arm of Gamuda Bhd, signed memorandums of understanding (MOUs) with three higher educational institutions on Feb 3 for research on environment conservation.

Tropicana Metropark will be hosting the largest Pingmin Market here on Feb 24 and 25.

TH Properties Sdn Bhd, a company fully owned by Lembaga Tabung Haji, signed sale and purchase agreements on Tuesday with four companies that purchased around 50 acres (20.23 hectares) of industrial and agriculture land in Bandar Enstek, Negeri Sembilan, totalling RM70.257 million in sales.

Batu Kawan Bhd and its 47.74%-owned Kuala Lumpur Kepong Bhd (KLK) has reported lower earnings for the first quarter of financial year 2024 (1QFY2024), dragged by the losses incurred in the manufacturing and farming segments.