News by M

Ho Hup Construction Co Bhd (KL:HOHUP) said its substantial shareholder Omesti Holdings Bhd (KL:OMESTI) has sought an extraordinary general meeting (EGM) to replace two of the construction outfit’s directors with appointees.

Manufacturer of sheet metal products and supplier of scaffoldings BWYS Group Bhd announced the acquisition of a 28.92-acre freehold industrial parcel in Kuala Langat, Selangor, worth RM94.5 million.

Malaysia Airports Holdings Bhd (MAHB) said it is holding its contractors—Alstom and the IJM-Pestech Joint Venture (IPJV)—accountable, following a series of service disruptions involving the newly commissioned aerotrain system at Kuala Lumpur International Airport (KLIA) Terminal 1.

Rapid Bus Sdn Bhd, the operator of the Rapid KL On-Demand van services in the Klang Valley, will improve its services through the streamlining of its booking applications and expansion of its service zones starting next month.

IGB Real Estate Investment Trust (KL:IGBREIT) and its sister trust, IGB Commercial REIT (KL:IGBCR), posted higher net property income (NPI) for the third quarter ended Sept 30, 2025 (3QFY2025), supported by stronger rental income.

CapitaLand Malaysia Trust (KL:CLMT) on Wednesday (Oct 22) announced an increase in its third-quarter revenue and net property income, largely due to rental growth at most of its properties and the commencement of income from its newly acquired Glenmarie Distribution Centre.

Kota Kemuning, a well-established township in Shah Alam, Selangor, has continued to see stable growth in its property market despite its history as a flood-prone area.

Hextar World at Empire City is set to open its doors to the public with a soft launch on Nov 29, with the complete unveiling scheduled for 2026.

Exsim Hospitality Bhd, formerly known as Pan Malaysia Holdings Bhd, has accepted a RM17.64 million letter of award (LOA) from Binastra Builders Sdn Bhd for subcontract works involving apartment units.

Flood risk has now been made one of the key factors in the technical assessment process for all new housing projects nationwide to ensure that buyers do not become victims of developments in flood-prone areas, Deputy Prime Minister Datuk Seri Fadillah Yusof said.