Chin Hin Group Property wraps up private placement, abandons remaining tranche
PETALING JAYA (April 21): Chin Hin Group Property Bhd (Chin Hin) has concluded its private placement exercise after placing out 64.
MRCB profit holds steady at RM73.2m PBT as new project wins offset 27% revenue drop from LRT3 taper
PETALING JAYA (April 21): Malaysian Resources Corp Bhd (MRCB) recorded a group revenue of RM1.
Maybank sets May 6 for Merdeka 118 move, anchoring world’s second-tallest building
PETALING JAYA (April 21): After years of delays, false starts and construction hold-ups, Malayan Banking Bhd (Maybank) has put a firm date on one of the most consequential office relocations in Malaysian corporate history.
Tanco denies new undisclosed developments behind share price surge, points to Midport Project media coverage
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.
Zelan's proposed scheme of arrangement receives 100% creditor approval at court-convened meeting
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.
MRCB completes acquisition of 80% equity interest in Bukit Jalil Sentral Property, pays RM1.49b to EPF
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).
SCIB's Ku Chong Hong emerges as Axteria substantial shareholder, appointed executive director
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.
UOB Malaysia unveils RM1b investment commitments to support Johor–Singapore SEZ
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).
Mudajaya wins appeal, court raises compensation to RM72.2 mil in fund misappropriation case
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.
Historic Mountbatten bungalow on Millionaires’ Row relisted at S$45m, 17% lower
This article appeared in the April 9, 2026 issue of the monthly print edition.
