News by Izzul Ikram

Acme Holdings Bhd (KL:ACME) is selling a 5.86-acre parcel together with a building atop in Perai, Penang, for RM22 million cash to Nation Robo Sdn Bhd.

Aneka Jaringan Holdings Bhd (KL:ANEKA) has secured a RM50.54 million contract to undertake earthworks, piling and substructure works for an apartment and hotel development project in Jalan Sultan Ismail, Kuala Lumpur.

Kerjaya Prospek Group Bhd (KL:KERJAYA) said an adjudicator has ordered Yong Tai Bhd (KL:YONGTAI) to pay the construction outfit RM75.46 million over an alleged unpaid contract for a mixed development project in Melaka, known as “The Apple”.

These include headline inflation staying below 3% year-on-year after the implementation of the RON95 targeted subsidy. 

KPM filed the adjudication against Apple 99 in November 2024.

Beihai Asia International Arbitration Centre (BAIAC) and Country Garden Pacificview Sdn Bhd have inked a MoU on the proposed establishment of the platform.

Iskandar Waterfront City Bhd (KL:IWCITY) has requested another six months from tycoon Tan Sri Lim Kang Hoo to deliberate its potential merger with Iskandar Waterfront Holdings Sdn Bhd (IWH).

Former prime minister Tun Dr Mahathir Mohamad has issued a legal notice to Umno president Datuk Seri Dr Ahmad Zahid Hamidi, demanding a public and written apology.

Chin Hin Group Bhd (KL:CHINHIN) completed its purchase of an additional 12.27% stake in Ajiya Bhd (KL:AJIYA) for RM54.2 million, raising its stake in the building materials maker to 66.36%.

The company is also seeking a restraining order to prevent legal action being taken against the company “to allow the company the necessary breathing space" to come out with the scheme of arrangement.