News by M

The suspension of operations for a second helicopter involved in maintenance work at the Tenaga Nasional Bhd or TNB (KL:TENAGA) project site in Bentong, Pahang, will not disrupt the East Coast Railway Link (ECRL) project, said Transport Minister Anthony Loke Siew Fook.

YNH Property Bhd (KL:YNHPROP) has clarified that its sale of AEON Mall Seri Manjung in Perak to Sunway Real Estate Investment Trust (KL:SUNREIT) for RM138 million is subject to shareholders’ approval in an extraordinary general meeting (EGM) to be fixed later.

Perak Corp Bhd (KL:PRKCORP) has proposed to undertake a mixed development project on 54.8 acres of land owned by the company in Hulu Kinta, Perak.

Furniture retailer SSF Home Group Bhd (KL:SSF), whose share price hit a record high on Friday, has entered into a deal to supply kitchen cabinets and furniture vouchers for a home ownership scheme offered by social enterprise company Rumah Ibu Sdn Bhd (RISB).

Teladan Setia Group Bhd (KL:TELADAN) has cancelled its plan to purchase a piece of land in Melaka Tengah for RM48.54 million for a health and wellness centre and serviced apartments project.

S P Setia Bhd stood out at the Malaysian Institute of Planners Planning Excellence Awards (MIPPEA) 2024 held on Jan 24 when it won three key master-planning awards via its Setia AlamImpian and Setia Fontaines developments.

The Ministry of Energy Transition and Water Transformation (Petra) is set to introduce the Community Renewable Energy Aggregation Mechanism (CREAM), an initiative that enables the aggregation of residential rooftop space for renewable energy (RE) generation, supplying green electricity to local users.

Tropicana Miyu, a joint-venture project by Tropicana Corp Bhd and Temokin Development Sdn Bhd, is now 100 sold out while the homes are achieving “a timely completion with ongoing VP handover since Nov 7, 2024”, stated Tropicana Corp in a media release.

RHB Research remains upbeat on Matrix Concepts Holdings Bhd (KL:MATRIX), citing steady recurring income from its healthcare business, Mawar Medical Centre (MMC), and stronger growth, as its ward expansion nears completion by the end of 2025.

The Cabinet has given in-principle approval for Selangor and Penang to adopt the Solid Waste and Public Cleansing Management Act 2007 (Act 672), making them the latest states to implement the law.