News by M

Property developer NCT Alliance Bhd (KL:NCT) has appointed Ong Chou Wen as its first chief executive officer.

Ministry of Housing and Local Government Malaysia (KPKT) reported continued progress in addressing problematic private housing developments, with Melaka, Perlis and the Federal Territory of Putrajaya recording zero abandoned projects as at end-February 2026.

UDA Holdings Bhd (UDA) has appointed Datuk Seri Ahmad Fuaad Mohd Kenali as its chief executive officer, effective today (April 1).

IJM Corp Bhd has secured a RM658.01 million contract for the construction of a hyperscale data centre in Elmina Business Park, Selangor.

The High Court on Wednesday has dismissed two separate discovery applications made by Semantan Estate (1952) Sdn Bhd on the federal government with regards to compensation for the 263.27 acres of prime ‘Duta enclave’ land that was acquired pre-Merdeka in 1956.

Former KL Tower operator Menara Kuala Lumpur Sdn Bhd and its subsidiary Hydroshoppe Sdn Bhd will get their day in court over eviction notices issued last year.

Kenanga Investment Bank Bhd has initiated coverage on Al-Aqar Healthcare REIT (KL:ALAQAR) with an 'outperform' call for its recession-proof portfolio, steady distribution per unit projections and decent visibility on sponsor-led assets injection pipeline.

Boustead Heavy Industries Corp Bhd (BHIC) is disposing of three adjoining parcels of mixed industrial and building land in Penang for a total cash consideration of RM28 million.

NCT Alliance Bhd is expanding its flagship NCT Smart Industrial Park (NSIP) in Kuala Langat through a RM53 million subscription that will secure control of 176.71 acres of adjoining industrial land.