News by M

Transport Minister Anthony Loke has dismissed claims that the government is planning to introduce inheritance tax in Budget 2025 scheduled to be tabled on Friday (Oct 18).

SPB Development Bhd, a real estate developer, filed for an initial public offering (IPO) on the Main Market of Bursa Malaysia to raise funds to acquire more land and finance existing projects.

Avaland Bhd (KL:AVALAND) officially opened the sales gallery of Avenue25 and previewed Tower B of Alora Residences serviced apartments in Subang Jaya, Selangor, on Saturday.

Kerjaya Prospek Group Bhd (KL:KERJAYA) has filed a new lawsuit against Yong Tai Bhd (KL:YONGTAI) and its chief executive officer Datuk Boo Kuang Loon over an alleged unpaid contract sum of RM105.14 million related to a construction project in Melaka.

Construction company Fajarbaru Builder Group Bhd (KL:FAJAR) has proposed to dispose of its 44.44% stake in an Australian property development company in a related party transaction.

Gadang Holdings Bhd (KL:GADANG) is disposing of a leasehold land in Damansara Perdana for RM65 million to partially finance its existing construction projects and repay borrowings.

Sunway REIT Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust, announced on Oct 9  that Sunway REIT has completed the acquisition of 163 Retail Park for a purchase consideration of RM215 million and rebranded the mall as Sunway 163 Mall.

EUPE Corp Bhd (KL:EUPE) topped out its Helix2 affordable high-rise development located in PJS 5, Petaling Jaya, Selangor, on Friday.

Gamuda Bhd (KL:GAMUDA) has launched the Gamuda AI Academy aimed at cultivating the local talent pool for artificial intelligence (AI) to support Malaysia’s digital transformation.

Lim Seong Hai Capital Bhd (KL:LSH), a construction and engineering firm, has filed for an initial public offering (IPO) as part of its listing transfer to the ACE Market, from the LEAP Market.