Sunway Healthcare unveils senior living residence, Sunway Sanctuary
Sunway Healthcare Group has unveiled its flagship senior living residence, Sunway Sanctuary in Bandar Sunway, Petaling Jaya, Selangor.
Scientex's 3Q net profit rises 24%, propelled by property business
Scientex Bhd's net profit rose 24.28% to RM109.78 million for the third quarter ended April 30, 2023 (3QFY2023) from RM88.33 million a year earlier, carried by the group’s property development business’ higher progress billing and robust demand for new launches.
Analysts mostly positive on S P Setia-Mah Sing Semenyih land deal
The deal announced by developer S P Setia Bhd on Monday (June 19) pertaining to the divestment of 500 acres of freehold land in Semenyih, Selangor to peer Mah Sing Group Bhd for RM392.04 million, has been viewed positively by analysts in general.
Boustead redesignates Ahmad Nazim as executive chairman
Ahmad Nazim, 47, is also the chief executive of LTAT, which controls over 97% of Boustead and is in the process of privatising the company.
CGS-CIMB expects Gamuda's core net profit to rise 7% in FY23F
It said Gamuda’s foray into Australia already accounted for 71% of its orderbook of RM20.5 billion as at Jan 31.
Sim Leisure says Khazanah was never involved in its negotiations to buy KidZania Singapore's assets
It said it took up a bid from the liquidator for KidZania Singapore's non-movable assets at the height of the pandemic towards the end of 2020.
Malaysia ranks 27th in 2023 IMD World Competitiveness Ranking
Denmark retained its position at the top of the ranking for the second straight year.
KIP REIT buys KIPMall Kota Warisan for RM80m, proposes private placement to raise up to RM10m
KIP Real Estate Investment Trust (KIP REIT) is buying KIPMall Kota Warisan in Sepang, Selangor for RM80 million cash.
Khazanah-Boustead JV sells assets of discontinued KidZania Singapore to Singapore-listed Sim Leisure for RM380,000
Khazanah Nasional Bhd and Boustead Holdings Bhd have offloaded the assets of discontinued indoor family attraction KidZania Singapore to Singapore-listed Sim Leisure Group Ltd for S$110,000 (RM380,000), after fulfilling the requisite conditions of the deal.
Seremban Engineering sued over payments for subcontract works
Seremban Engineering Bhd (SEB) said it is being sued by construction firm See Yong & Son Construction Sdn Bhd (SYS) over payments for subcontract works.
