Sime Darby Property hits record RM803.4m PBT as SHIFT32 strategy begins; KWAP raises stake
PETALING JAYA (March 4): Sime Darby Property Bhd (SimeProp) has closed FY2025 with a record profit before tax (PBT) of RM803.
IJM revenue tops RM5b in 9MFY2026 as construction rebound offsets property drag amid Sunway takeover bid
PETALING JAYA (March 4): IJM Corp Bhd posted a 12.
Loke says LRT3 contractor may face over RM475m penalties, vows accountability over delays
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.
Rivertree enters into a RM600m related-party deal to build labour quarters
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.
Gadang to acquire Johor Bahru land from Ekovest for RM75.5 mil
KUALA LUMPUR (March 4): Gadang Holdings Bhd (KL:GADANG) is buying an 11.
Pavilion Damansara Heights, Kuala Lumpur office rented for RM13k | DONE DEAL
TTDI Jaya, Selangor shop sold for RM880k | DONE DEAL Bangsar Park, Kuala Lumpur terrace house rented for RM11k | DONE DEAL Seventy Damansara, Kuala Lumpur bungalow sold for RM9.
Armani Group debuts 383-key golf-front serviced residence in Cameron Highlands, with Ascott as operator
PETALING JAYA (March 3): Armani Group has officially opened Oakwood Cameron Highlands, a 383-key golf-front serviced residence managed by The Ascott Ltd, marking a significant addition to its hospitality and lifestyle portfolio in Cameron Highlands, Pahang.
Jiankun says director automatically removed over board meeting absences
KUALA LUMPUR (March 3): Jiankun International Bhd said one of its directors has been automatically removed for failing to attend the requisite number of board meetings.
Shangri-La managing director Christopher Phong to step down on March 31
KUALA LUMPUR (March 3): Shangri-La Hotels (M) Bhd (KL:SHANG) announced that managing director Christopher Phong Siew San will resign, effective May 31, according to a bourse filing on Monday.
GenM president Lee Choong Yan now senior adviser, to be redesignated as non-executive director in May
KUALA LUMPUR (March 3): Genting Malaysia Bhd said its long-time president Datuk Seri Lee Choong Yan has been redesignated as a senior adviser, and is slated to step down from the new role in May.
