Sim Leisure demands settlement talks with Bandar Malaysia over scrapped Escape theme park
Sim Leisure announced on Dec 19 that it had received a notice of termination over the project.
Fadillah: Govt reviewing electricity tariff adjustment for Kulim Hi-Tech Park to align with scheduled Peninsular Malaysia hike
“The government will consider allowing them [including industry players at KHTP] to apply for the new electricity tariff to be implemented simultaneously with the rest of Peninsular Malaysia in July — we are evaluating this due to its financial cost implications.
No settlement, so hearing of appeals by Semantan Estate and govt to proceed tomorrow
At the last Nov 7 sitting, Court of Appeal judge Datuk Lee Swee Seng had asked both parties to look into settling the long dispute, and, should there be none, the hearing is to proceed on Feb 20 and 21.
Cahya Mata Sarawak shares hit six-week high after surge in profits
For the fourth quarter ended Dec 31, 2024 (4QFY2024), the group’s net profit soared 85.
MGB posts 22% rise in 4Q net profit on higher other income, pays 1.52 sen dividend
According to MGB, the improvement in FY2024 was predominantly attributed to its property development segment’s fourfold leap in revenue to RM483.
Perak Corp plans share capital reduction, RM90 mil land sales, preference shares issuance to regularise financial condition
The share capital reduction entails the cancellation of RM185 million of its RM272.
Cahya Mata books highest quarterly net profit in more than two years, declares three sen dividend
Its property development segment had returned to black, with an operating profit of RM18.
Crowne Plaza Penang Straits City opens, kicks off RM4.3b master development in Butterworth
As the first Crowne Plaza in Penang, the 23-storey, five-star waterfront hotel features 343 rooms and suites, catering to increased business travel and foreign investment activity in the northern state.
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EcoWorld takes full control of Puncak Alam-based developer after buying out EPF's 40% stake
Following the acquisition, EcoWorld Malaysia will fully consolidate Paragon Pinnacle’s balance sheet — instead of the 60% share of results previously.
DONE DEAL: Bukit Bintang condo sold (Verticas Residensi)
DONE DEAL: Condo unit, Trinity Pentamont, Mont’Kiara, Kuala Lumpur DONE DEAL: Condo unit, Verticas Residensi, Bukit Bintang, Kuala Lumpur Average transacted prices for non-landed properties in Bukit Bintang saw a 23% decrease between 2023 and 2024.
