News about S

KUALA LUMPUR (March 4): Malaysian contractors and building materials companies may face margin pressure from rising costs amid escalating conflict in the Middle East, CIMB Securities said.

PUTRAJAYA (March 4): Malaysia’s anti-graft agency said it has opened an investigation paper linked to Sunway Bhd’s (KL:SUNWAY) ongoing takeover offer for IJM Corp Bhd (KL:IJM).

KUALA LUMPUR (March 4): TA Global Bhd officially unveiled Tower B of Amaya Residences in Bandar Sri Damansara, Selangor on March 1, following an 80% take-up rate for Tower A of the development.

PETALING JAYA (March 4): Tropicana Corp Bhd has formalised 10 memoranda of understanding through its hospitality arm, T Journey Collection Sdn Bhd, to strengthen its ecosystem ahead of its official launch next month.

PETALING JAYA (March 4): Sime Darby Property Bhd (SimeProp) has closed FY2025 with a record profit before tax (PBT) of RM803.

PETALING JAYA (March 4): IJM Corp Bhd posted a 12.

KUALA LUMPUR (March 4): Light Rail Transit 3 (LRT3)’s main contractor could face penalties of more than RM475 million due to project delays, Transport Minister Anthony Loke (pictured) said.

KUALA LUMPUR (March 4): Rivertree STF Synergies Bhd (KL:RSSB), formerly known as Sinmah Capital Bhd, has entered into a heads of agreement (HOA) to collaborate on the design, construction and operation of up to four centralised labour quarters (CLQs) in the Klang Valley, with a total indicative value of RM600 million.

KUALA LUMPUR (March 4): Gadang Holdings Bhd (KL:GADANG) is buying an 11.

PUTRAJAYA (March 4): The national property sector recorded RM240 billion in transactions in 2025, the highest in more than a decade, said Housing and Local Government Minister Nga Kor Ming.