Hack-hit Bina Puri shares fall to 18-month low, short selling suspended
Shares of Bina Puri Holdings Bhd (KL:BPURI) fell to an 18-month low, after The Edge reported that the stock and its Warrant B were affected by a major hacking incident.
Kumpulan Jetson’s board faces third removal attempt since December 2023
Kumpulan Jetson Bhd’s board faces a new removal attempt by minority shareholders, who claim to hold at least 10% of shares, giving them the right to call an EGM to vote on removing the board and appointing new directors.
IGB REITs bring former CFO Chai Lai Sim out of retirement as new CEO
IGB Real Estate Investment Trust (KL:IGBREIT) and IGB Commercial Real Estate Investment Trust (KL:IGBCR) will see their former group chief financial officer Chai Lai Sim return from retirement to take the helm at both REITs.
Chin Hin completes 12.27% stake buy in Ajiya for RM54.2 mil
Chin Hin Group Bhd (KL:CHINHIN) completed its purchase of an additional 12.27% stake in Ajiya Bhd (KL:AJIYA) for RM54.2 million, raising its stake in the building materials maker to 66.36%.
Lee Chong Wei among Magma's newly emerged substantial shareholders after land deal
Magma Group Bhd (KL:MAGMA), which is primarily in hotel management and property development, announced the emergence of several new substantial shareholders on Thursday, including former national badminton player Datuk Wira Lee Chong Wei.
Axis REIT 1Q income jumps on new acquisitions, tenancies and rental rates
Axis Real Estate Investment Trust (Axis REIT) (KL:AXREIT) net income rose 16.2% to RM49.13 million in its first quarter ended March (1QFY2025) from RM42.27 million in 1QFY2024, as new acquisitions, tenancies and rental rates boosted its property income.
IGB REITs report higher 1Q earnings but warn of challenges ahead
IGB REIT and IGB Commercial REIT reported higher earnings in the first quarter ended March 31, 2025, but warned investors of challenges ahead.
AME REIT posts slight rise in 4Q property income, to pay 1.83 sen per unit
AME Real Estate Investment Trust (KL:AMEREIT) on Wednesday reported a marginal increase in net property income (NPI) for its fourth financial quarter, thanks to contributions from two newly-acquired industrial properties which were, however, offset by higher operating expenses.
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SCIB clarifies suit against developer Awana JV over scrapped Perak project still on
Sarawak Consolidated Industries Bhd (KL:SCIB) on Wednesday clarified that its subsidiary’s RM19.72 million recovery claim against Awana JV Suria Saga Sdn Bhd has not been withdrawn, but has instead been consolidated into a main suit to streamline litigation proceedings.
Forest City SFZ welcomes first 2 family offices, sees interest from 30 other companies
Johor Investment, Trade, Consumer Affairs and Human Resources Committee chairman Lee Ting Han announced that Forest City’s Special Financial Zone (SFZ) has welcomed its first two family offices, CMY Capital Family Office and Yow Kee Family Office, and attracted interest from 30 other companies to set up operations in Johor Bahru.
