Noteworthy:
When: May 2025
LB Aluminium Bhd (KL:LBALUM), which is involved in the aluminium and property development businesses, posted a 30.9% year-on-year increase in first-quarter earnings, lifted by stronger contributions from its property segment on the back of higher sales.
The High Court has struck out KL Tower food and beverage concessionaire Asian Kitchen (M) Sdn Bhd’s case against Communications Minister Datuk Fahmi Fadzil and the government over the debacle in relation to the operations of the iconic tower.
TXCD Bhd’s wholly-owned unit Ageson Kensetsu Sdn Bhd has secured a new RM75.86 million construction contract in Sepang after ending an earlier agreement with Mateen Group Sdn Bhd, according to its exchange filing yesterday.
The Housing and Local Government Ministry (KPKT) will introduce the Certificate of the Auditor-General and the Public Service Corruption Rating by the Malaysian Anti-Corruption Commission as two new indicators under the Local Authority Star Rating System (SPB-PBT) starting 2026.
IOI Properties Group Bhd (KL:IOIPG) marked a construction milestone with the topping out of COVO on Sept 19, which is its first transit-oriented development in the 16 Sierra township in Puchong South.
The Selangor State Development Corporation (PKNS) has launched its Buy & Win Campaign that will run until Nov 30, 2025.
Kuchai Development Bhd (KL:KUCHAI) has proposed a special dividend of 44.8 sen per share to be followed by the company's voluntary withdrawal from Bursa Malaysia.
IGB Real Estate Investment Trust (REIT) (KL:IGBREIT) has proposed to set up a RM5 billion medium-term notes (MTN) programme.
Chin Hin Group Property Bhd (KL:CHGP) is disposing of two freehold industrial plots in Johor Bahru for RM19.3 million cash to Miroad Rubber Industries Sdn Bhd.
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