News by M

IJM Land Bhd will introduce premium grocer Village Grocer to Seremban 2 in the fourth quarter of 2027 under a RM25 million investment.

Hextar World at Empire City in Petaling Jaya began operations on Nov 29 with the unveiling of High Street, an enclosed lifestyle promenade, accompanied by cultural performances and public activities.

The Federal Land Development Authority (Felda) and its wholly owned unit, FGV Holdings Bhd, said they take a serious view of the warning notices issued by the Terengganu government over alleged unlawful occupation of plantation land in the state.

Johor Land Group Sdn Bhd (JLG), the property arm of Johor Corporation, launched a 7,290 acres technology park in Sedenak, Kulai, some 50km to the north of the city centre of Johor Baru and 70km from Singapore.

SD Guthrie Bhd (KL:SDG), the world’s largest palm oil producer by acreage, is increasing its stake in a planned integrated industrial park in Johor, becoming an equal partner with Eco World Development Group Bhd (KL:ECOWLD) after EcoWorld reduces its share.

Sunway Bhd (KL:SUNWAY) said its unit Sunway Cochrane Sdn Bhd has proposed to establish a sukuk wakalah programme of up to RM2 billion to support its working capital and expansion plans.

Property developer Asian Pac Holdings Bhd (KL:ASIANPAC) said its chief executive officer Chai Yee Choong has resigned effective Monday (Dec 1) “to pursue other opportunities".

Sunway Real Estate Investment Trust (KL:SUNREIT) has appointed Derek Teh Wan Wei as its new chief executive officer (CEO), effective Monday.

Tuju Setia Bhd (KL:TJSETIA) on Monday secured a  construction contract from Sunway Bhd (KL:SUNWAY) worth RM420 million, nearly six times the company’s market capitalisation of RM62.73 million.

Ho Hup Construction Company Bhd’s (KL:HOHUP) shareholders have rejected the re-election of the founding family’s last board member Datin Chan Bee Leng and blocked RM500,000 in directors’ fees at Monday’s annual general meeting.