News by theedgemalaysia.com

Tropicana Corp Bhd (KL:TROP) has announced a partnership with Samsung Malaysia Electronics Sdn Bhd to offer artificial intelligence (AI) home appliances in its upcoming developments.

Property developer Glomac Bhd’s net profit rose 8% to RM15.34 million for the fourth quarter ended April 30, 2024 (4QFY2024), from RM14.1 million a year ago, thanks to its recognition of RM17 million fair value gain on investment property.

Property developer LBS Bina Group Bhd (KL:LBS) said on Thursday that it has unbilled sales of RM1.71 billion as at end-May, which will be recognised in the upcoming years.

Solarvest Holdings Bhd (KL:SLVEST) is buying four levels of office space with 200 parking bays and a rooftop retail unit in the Solarvest Tower, which is currently under construction, from Chin Hin Group Property Bhd (KL:CHGP).

Avaland Bhd (KL:AVALAND) officially launched its latest high-rise residential development, Aetas Seputeh, on Thursday in Seputeh, Kuala Lumpur.

The Master Builders Association Malaysia (MBAM) and Persatuan Kontraktor Bumiputera Malaysia (PKBM) have appealed to the federal government to include vehicles transporting building materials and cranes in the list of transportation eligible for diesel subsidies.

Property developer YNH Property Bhd (KL:YNHPROP) has appointed UHY as a special independent reviewer to assess certain joint venture (JV) and turnkey contracts entered into by its unit, Kar Sin Bhd.

A lawyer who was detained by the Malaysian Anti-Corruption Commission (MACC) last week has come out to say that the graft buster did not tell him that he was being investigated for embezzlement and abuse of power.

Tycoon Tan Sri Desmond Lim Siew Choon has trimmed his stake in Malton Bhd (KL:MALTON), a day after the counter charted a new 30-month high.

Construction progress of the Rapid Transit System (RTS) Link project between Johor Bahru and Singapore has reached 77.61% as of May 31, according to Mass Rapid Transit Corp Sdn Bhd (MRT Corp).