News by theedgemalaysia.com

Avaland Bhd (KL:AVALAND) officially opened the sales gallery of Avenue25 and previewed Tower B of Alora Residences serviced apartments in Subang Jaya, Selangor, on Saturday.

Kerjaya Prospek Group Bhd (KL:KERJAYA) has filed a new lawsuit against Yong Tai Bhd (KL:YONGTAI) and its chief executive officer Datuk Boo Kuang Loon over an alleged unpaid contract sum of RM105.14 million related to a construction project in Melaka.

Construction company Fajarbaru Builder Group Bhd (KL:FAJAR) has proposed to dispose of its 44.44% stake in an Australian property development company in a related party transaction.

Gadang Holdings Bhd (KL:GADANG) is disposing of a leasehold land in Damansara Perdana for RM65 million to partially finance its existing construction projects and repay borrowings.

EUPE Corp Bhd (KL:EUPE) topped out its Helix2 affordable high-rise development located in PJS 5, Petaling Jaya, Selangor, on Friday.

Gamuda Bhd (KL:GAMUDA) has launched the Gamuda AI Academy aimed at cultivating the local talent pool for artificial intelligence (AI) to support Malaysia’s digital transformation.

Lim Seong Hai Capital Bhd (KL:LSH), a construction and engineering firm, has filed for an initial public offering (IPO) as part of its listing transfer to the ACE Market, from the LEAP Market.

Sunway Bhd’s (KL:SUNWAY) unit Sunway Developments Pte Ltd (SDPL), together with Hoi Hup Realty Pte Ltd, have been awarded a parcel of land by the Housing and Development Board of Singapore.

KJTS Group Bhd (KL:KJTS) said on Thursday that it has secured a subcontract worth RM12.3 million for a data centre project in Selangor.

Construction and property development company MGB Bhd (KL:MGB) said it will undertake mixed development and residential projects on 26 acres of land in Taman Bukit Serdang, Seri Kembangan with a combined gross development value (GDV) of RM861.35 million.