News by Hee En Qi

Founder of Gamuda Bhd (KL:GAMUDA) Datuk Lin Yun Ling has exercised his share options under the Employees' Share Options Scheme (ESOS) to acquire 1.2 million shares at RM2.55 apiece.

Construction engineering company Nestcon Bhd (KL:NESTCON) has bagged two high-rise building projects in the Klang Valley worth a total of RM165.56 million.

Tycoon Tan Sri Desmond Lim Siew Choon has trimmed his stake in Malton Bhd (KL:MALTON), a day after the counter charted a new 30-month high.

The group said it had acquired the land — which forms part of the master land measuring 403.78 acres within Eco Business Park VI (EBP VI) — in September 2023 at RM12 per sq ft.

Parkson Holdings Bhd (KL:PARKSON) said two of its units in mainland China have renewed their respective tenancy for another 10 years until December 2034.

Real estate developer Paramount Corp Bhd (KL:PARAMON) is aiming for 30% of its annual profit to stem from overseas property projects by 2030, supported by its recent acquisition of a 21.5% stake in Eco World International Bhd (EWI) (KL:EWINT), as domestic orders are expected to saturate.

Property developer Mah Sing Group Bhd (KL:MAHSING) announced it is setting up a joint venture to develop a data centre in Bangi, Selangor.

Lagenda Properties Bhd (KL:LAGENDA) hit limit down during the early trading session on Wednesday and remained there till market close, placing it among the top losers on Bursa Malaysia.

Kerjaya Prospek Group Bhd (KL:KERJAYA), which mainly builds homes, is bidding for the construction of data centres and semiconductor factories worth over RM3 billion this year.

Fajarbaru Builder Group Bhd (KL:FAJAR) has bagged an additional contract worth RM15.71 million from the Australian Department of Defence.