News by syafiqah Salim

The proposed development of a port city on Carey Island could significantly boost the land value of SD Guthrie Bhd (KL:SDG), formerly known as Sime Darby Plantation Bhd, over time to the tune of RM7.1 billion, according to Maybank Investment Bank (Maybank IB).

Shares of construction and property group WCT Holdings Bhd (KL:WCT) plunged to their lowest in one month, after the stock exchange suspended intraday short-selling activities of the stock on Monday morning.

Avillion Bhd’s (KL:AVI) external auditor has flagged material uncertainty that would affect the hotel-and-travel company’s ability to continue as a going concern.

US data centre company Equinix Inc announced on Monday, a RM23 million investment to acquire land in Cyberjaya, Selangor, to expand its data centre capacity.

Property developer Ecofirst Consolidated Bhd (KL:ECOFIRS) said on Monday its net profit for the fourth quarter more than doubled from a year earlier thanks to higher sales conversion rate for the KL-48 project.

SC Estate Builder Bhd (KL:SCBUILD) is forming a consortium to bid for projects with a total capacity of 2,000 megawatts (MW) under the fifth large-scale solar programme (LSS5).

Industrial space solutions provider AME Elite Consortium Bhd (KL:AME) plans to launch the 176-acre Northern TechValley industrial park in Penang, with a gross development value (GDV) of RM1 billion, in the second half of 2024 (2H2024).

Shares in Haily Group Bhd (KL:HAILY) surged on Friday to a new all-time high since the construction company's listing three years ago, after announcing a contract win.

AmanahRaya Real Estate Investment Trust (KL:ARREIT) said on Thursday that it has signed a long-term tenancy agreement with Alfa International College Sdn Bhd for its property in Subang Jaya.

Internet of Things (IoT) solutions provider G3 Global Bhd (KL:G3) has secured a project to develop the National Integrated Migrant Workers Dormitory (NiMWD) for the Maldives government.