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KUALA LUMPUR (April 21): Tanco Holdings Bhd responded to a Bursa Malaysia’s Unusual Market Activity (UMA) query following a sharp and unusual rise in its share price, stating that its board was not aware of any new or undisclosed corporate developments that may account for the trading activity.

KUALA LUMPUR (April 21): Zelan Bhd — an engineering and construction conglomerate with a track record spanning power plants, ports, airports and high-rise buildings across Malaysia and the Middle East —  said it had secured unanimous creditor approval for its proposed scheme of arrangement, with 100% in value of creditors present and voting at a court-convened meeting approving the scheme.

KUALA LUMPUR (April 21): Malaysian Resources Corp Bhd (MRCB) completed its proposed acquisition of 80% equity interest in Bukit Jalil Sentral Property Sdn Bhd (BJSP), with the balance of the purchase consideration fully paid to the vendor on Monday (April 20).

KUALA LUMPUR (April 20): Sarawak Consolidated Industries Bhd (KL:SCIB) group managing director and CEO Ku Chong Hong (pictured) has emerged as a substantial shareholder of property developer Axteria Group Bhd (KL:AXTERIA) with an indirect 27.

KUALA LUMPUR (April 20): UOB Malaysia on Monday rolled out new investment and talent development initiatives to support the Johor-Singapore Special Economic Zone (JS-SEZ).

KUALA LUMPUR (April 20): Mudajaya Group Bhd (KL:MUDAJYA) has secured a favourable ruling from the Court of Appeal in its fund misappropriation case against former employee Michael Chua Khian Keng, with compensation increased to RM72.

PETALING JAYA (April 20): A1 A.

PETALING JAYA (April 20): UOA Development Bhd (UOA Development) has mutually terminated a shareholders' agreement entered into with Care Concierge Care Centre Sdn Bhd (CCCC) for a managed care services venture at its Komune Living and Wellness Centre commercial building in Cheras, with effect from last Friday (April 17).

This article appeared in the April 9, 2026 issue of the monthly print edition.

PETALING JAYA (April 20): IOI Properties Group Bhd (IOI Properties) last Friday announced that it will acquire CapitaLand Integrated Commercial Trust’s (CICT) 100% interest in Asia Square Tower 2 (AST2), a premium Grade A office asset located in the heart of Singapore’s Marina Bay financial district, for an agreed property value of S$2.