General manager James Ngio noted that the development order is an important milestone for YNH as it marks the developer's entry into Negeri Sembilan.

NCT Group of Companies has achieved a booking rate of 40% for Phase One of the NCT Smart Industrial Park (NSIP) since its launch last year, according to NCT Group founder and group managing director Datuk Seri Yap Ngan Choy at the development's groundbreaking ceremony on Friday (April 7).

Property developer OCR Group Bhd has planned a private placement of up to 40% of its share base to raise an estimated RM26.97 million to fund its development projects.

Hektar Real Estate Investment Trust (Hektar REIT) has renewed 25% of its leases which are expiring this year, or 234,000 sq ft out of 962,565 sq ft of retail space involving 213 tenancies expiring in 2023.

The group recorded a net profit of RM782.66 million for the financial year ended Dec 31, 2022 (FY2022), up 58% from RM495.85 million, on the back of 24% growth in revenue to RM1.46 billion from RM1.17 billion.

MBSB Bank Bhd appears to be the first to announce an Employees Provident Fund (EPF)-backed loan, or the Account 2 Support Facility (FSA2), for members aged between 40 and 55.

Domestic electricity users with high volume usage may be the next target for higher tariffs, following upward adjustments for large corporations in January, according to CGS-CIMB Research.

Tanco Holdings Bhd has aborted a plan to raise RM100 million through an allotment of 100 million redeemable preference shares (RPS) of RM1 each to the Social Security Organisation (Socso).

Kitchen specialist Signature International Bhd is acquiring a 45% stake in home furnishing company Zig Zag Builders (M) Sdn Bhd (ZZBSB) to diversify its customer base.

PVC products manufacturer Tek Seng Holdings Bhd is acquiring three parcels of freehold vacant land near its factories in Seberang Perai, Penang for RM33.96 million.