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PETALING JAYA (June 16): Gabungan AQRS Bhd has executed a new joint venture agreement (JVA) with landowner Rising Charm Sdn Bhd to supersede the original December 2025 agreement for an integrated commercial development in Bangi, Selangor, with the key revision restructuring how and when the landowner receives its unit entitlement from the project.

PETALING JAYA (June 16): Hextar Technologies Solutions Bhd (HexTech) and Widad Group Bhd have permanently terminated their proposed disposal of vacant freehold industrial land in Nilai, Negeri Sembilan, with both parties releasing each other from all further obligations — and this time with no stated intention to renegotiate.

ISKANDAR PUTERI (June 16): The Works Ministry has recommended that the Public Works Department (JKR) scrutinise and conduct an immediate study on the use of the modular precast system (MPS) to expedite the implementation of building construction projects nationwide.

PETALING JAYA (June 16): Around midday, the commercial streets along Jalan Wangsa Delima move at a steady pace.

KUALA LUMPUR (June 16): Country Heights Holdings Bhd (KL:CHHB) is searching for a new CEO after Mohd Rizal Zubair (pictured) resigned from the position barely two months after taking the helm.

SEPANG (June 16): The Light Rail Transit 3 (LRT3) that connects Shah Alam and its surrounding areas in Selangor is expected to begin operations at the end of this month, Transport Minister Anthony Loke Siew Fook said.

KUALA LUMPUR (June 16): Tan Sri Vincent Tan (pictured) has increased his direct shareholding in Berjaya Corp Bhd (KL:BJCORP), just a few weeks after ceasing to be a substantial shareholder in the group.

KUALA LUMPUR (June 16): Mycron Steel Bhd (KL:MYCRON) is moving to take ownership of the Shah Alam property housing its manufacturing operations in a RM30 million deal that it says will reduce rental costs and provide greater flexibility for future expansion plans.

KUALA LUMPUR (June 16): Taghill Holdings Bhd (KL:TAGHILL) has secured a RM133 million contract to build serviced apartments in Kwasa Damansara, Sungai Buloh.

PETALING JAYA (June 16): Batu Kawan Bhd has submitted an application to the Securities Commission Malaysia (SC) for a ruling to modify the basis of determining the offer price under its proposed mandatory offer (MO), if triggered, for MKH One Properties Sdn Bhd (MKHOP), as part of its broader suite of corporate proposals involving MKH-related entities.