News by M

Sarawak Consolidated Industries Bhd (KL:SCIB) said it has accepted a second revised contract worth RM172.4 million to build affordable housing in Kota Bharu, Kelantan.

Industrial packaging firm L&P Global Bhd (KL:L&PBHD) is disposing of a leasehold industrial property in Kulim, Kedah, for RM13.88 million cash, to unlock the value of the underutilised property and redeploy capital.

A company that had in February this year obtained a summary judgment against Bina Puri Holdings Bhd (KL:BPURI) for owing it RM28.1 million, has filed a winding-up petition over the unpaid debt.

Malaysia’s first Nvidia-powered AI data centre in Johor, developed by YTL Power International Bhd (KL:YTLPOWR) in partnership with tech giant Nvidia Corp, is now operational.

Sunway Healthcare Group officially launched the RM430 million Sunway Medical Centre Ipoh, Perak yesterday, officiated by the Sultan of Perak Sultan Nazrin Muizzuddin Shah and the Raja Permaisuri of Perak Tuanku Zara Salim.

Pavilion Real Estate Investment Trust's (KL:PAVREIT) net property income (NPI) rose 10% to RM145.49 million for the third quarter ended Sept 30, 2025 (3QFY2025) from RM131.86 million a year earlier, driven by its newly acquired assets—Banyan Tree Kuala Lumpur and Pavilion Hotel Kuala Lumpur.

EWI Capital Bhd (KL:EWICAP), formerly Eco World International Bhd, is pivoting its business to investment holding with a A$100 million (RM276.5 million) commitment to a fund investing in prime Australian office buildings.

Pharmaniaga Bhd (KL:PHARMA) is acquiring two industrial buildings in Terengganu and Sarawak for a total of RM30.5 million.

REN Wellness Retreat, a traditional and complementary medicine (T&CM) health destination developed by IJM Land Bhd, marked its soft launch with a ribbon-cutting and signing ceremony officiated by Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing on Wednesday (Oct 29).

Construction and property developer Mudajaya Group Bhd has announced that its wholly owned subsidiary, Mudajaya Corporation Bhd, has entered into a Sale and Purchase Agreement (SPA) with Serba Wangi (KL) Sdn Bhd for the disposal of four parcels of land in Mukim Ijok, Kuala Selangor, Selangor, for a total cash consideration of RM36.8 million.