Axis REIT said it has issued a notice to terminate its lease agreement with Yongnam Engineering Sdn Bhd, which is a major tenant at the Axis Steel Centre @ SiLC, following the default.
The group’s executive director Toh Hong Chye will spearhead and oversee the moneylending business via PHB Capital Sdn Bhd.
Setia Awan Group has announced the commencement of sales of SOHO Suites 2 (SS2), the latest addition to its transit-oriented development (TOD) Astrum Ampang in Kuala Lumpur.
Data centre arm of TIME dotCom Bhd, AIMS Group will construct AIMS Cyberjaya Block 2 to meet the overwhelming demand for data centre space in Malaysia.
Eversendai Corp Bhd said its independent auditors have raised concerns about the loss-making construction firm’s ability to operate as a going concern in its audited financial statements for the year ended Dec 31, 2022 (FY2022).
Steel products manufacturer YKGI Holdings Bhd said its venture into construction and property development will potentially contribute 25% or more to the group's net profit or net assets.
This came after the open-ended fund, established in the Cayman Islands, disposed of 3.13 million shares in Impiana on Wednesday (May 3), according to a bourse filing on Friday.
Maju Offshore Sdn Bhd has emerged as a substantial shareholder of Bina Puri Holdings Bhd with a deemed interest of 5.03% in the construction company.
Genting Malaysia Bhd via its wholly owned subsidiary GenM Capital Bhd has issued medium-term notes (MTNs) of RM500 million across three tranches.
The banking sector emerged a winner, while the property and real estate investment trust (REIT) sectors were the unfortunate recipients of Bank Negara Malaysia’s (BNM) surprise move to increase the overnight policy rate (OPR) by 25 basis points (bps) to 3% on May 3, 2023.
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