Gamuda in the running for second, third Penang LRT work packages, say analysts
The third segment could be valued at RM4 billion.
BMI says Malaysia's planned RON95 subsidy removal heightens rate hike risk, but keeps OPR target at 3%
Risks are building up towards an earlier rate hike due to Malaysia's removal of RON95 petrol subsidies, according to BMI, a Fitch Solutions company, though it officially forecasts the rate to remain unchanged this year.
Malaysia, Singapore reaffirm plan to revamp joint ministerial committee after special economic zone agreement
Malaysia and Singapore reaffirmed their commitment to revamp the Joint Ministerial Committee for Iskandar Malaysia (JMCIM) to better support the Johor-Singapore Special Economic Zone (JS-SEZ).
OCBC Malaysia ready to support those looking to tap opportunities in Johor-Singapore Special Economic Zone
These offerings aim to simplify market entry and expansion while fostering a thriving ecosystem for businesses.
Plenty of jobs ahead for Kerjaya Prospek after its first contract win in 2025, analysts say
Up for grabs are the dredging and reclamation works for further phases of Seri Tanjung Pinang 2 in Penang, potentially worth more than RM500 million.
Kerjaya Prospek wins first job in 2025 — RM256m contract in Shah Alam for E&O’s unit
Construction outfit Kerjaya Prospek Group Bhd (KL:KERJAYA) has bagged a RM256.4 million contract from Eastern & Oriental Express Sdn Bhd (E&OE) to undertake construction works in Elmina West, Shah Alam, Selangor.
Property stocks may see rising valuations as investors watch for recurring income, says RHB IB
Malaysia’s property developers may see their valuations rise further even after 2024’s strong rally, with stocks in the high-risk-high-return sector continuing to perform, said RHB Investment Bank.
Data centre land sales lift Crescendo's 3Q net profit
Crescendo Corporation Bhd (KL:CRESNDO) reported a more than fivefold increase in net profit for its third quarter, driven by data centre land sales in Nusa Cemerlang Industrial Park (NCIP) in Iskandar Puteri, Johor.
Aeon to appeal High Court's ruling in tenancy dispute with Ahmad Zaki's unit
Aeon Co (M) Bhd (KL:AEON) plans to appeal the High Court's ruling that the department store and mall operator had breached a tenancy agreement it had entered into with Betanaz Properties Sdn Bhd, a 51%-owned subsidiary of Ahmad Zaki Resources Bhd (KL:AZRB).
Crest Group acquires industrial property in Puchong to house new HQ
Imaging company Crest Group Bhd (KL:CREST), which was listed on the ACE Market two months ago, said it is acquiring an industrial property in Puchong, Selangor for RM16.5 million to establish its new headquarters.
