News by M

Flexible packaging materials manufacturer Tomypak Holdings Bhd (KL:TOMYPAK) said it is disposing of a property in Senai, Johor for RM31 million, cash, as it seeks to realise the value of its investment in non-core assets.

KIP Real Estate Investment Trust (KL:KIPREIT), which primarily invests in retail properties, is acquiring a 4,663-sq metre (100,416 sq feet) parcel of land in Gerik, Perak, for RM14.8 million, cash.

Property developer Yong Tai Bhd (KL:YONGTAI) said it will defend itself against a lawsuit filed by construction firm Kerjaya Prospek Group Bhd (KL:KERJAYA) over an alleged unpaid contract dispute, and may also consider countersuing.

Gamuda Bhd has won the coveted The Edge Billion Ringgit Club (BRC) 2024 Company of the Year award, while Public Bank Bhd managing director and chief executive officer Tan Sri Tay Ah Lek was named this year’s Outstanding CEO & Value Creator.

Sunsuria Bhd announced today that its revenue and profit before tax (PBT) were RM170.56 million and RM26.85 million for the third quarter ended June 30, 2024 (3Q).

Sime Darby Property Bhd (KL:SIMEPROP) expects a higher occupancy rate for Phase 3B of Battersea Power Station in the UK at between 50% and 80% by next year, from 20% currently.

Sime Darby Property Bhd (KL:SIMEPROP) said on Friday that it is pursuing an "aggressive plan" for data centre development.

S P Setia Bhd (KL:SPSETIA) said on Friday Datuk Choong Kai Wai remains as the president and chief executive officer of the state-owned property developer.

Radium Development Bhd recorded revenue of RM30.6 million, a growth of 9.7% for 2QFYE2024, compared to RM27.9 million in the preceding corresponding quarter a year ago.

Construction firm Kerjaya Prospek Group Bhd's (KL:KERJAYA) unit is suing Apple 99 Development Sdn Bhd, a wholly owned subsidiary of Yong Tai Bhd (KL:YONGTAI), over an alleged failure to pay an outstanding contract sum of RM105.14 million.