Azam Jaya surges 28% on Main Market debut
At its last price, the company had a market capitalisation of RM540 million.
Fajarbaru pulls out of RM192m affordable housing project in Putrajaya
Fajarbaru said Perbadanan Putrajaya has accepted its wholly owned subsidiary Fajarbaru Land (M) Sdn Bhd's withdrawal as the developer for the proposed development.
Sabah MP alleges 'multiple levels of subcontracting' in Pan Borneo Highway project
A federal lawmaker from Sabah has alleged that one of the packages under the Pan Borneo Highway project in the state involved "multiple levels of subcontracting" and wants Putrajaya to terminate the contractor.
Kumpulan Jetson says it is not a party to disputed contract under OCR’s RM88 mil suit
Kumpulan Jetson Bhd (KL:JETSON), which is being sued by OCR Group Bhd (KL:OCR) over alleged breaches of an RM88.03 million contract to build four blocks of serviced apartments in Jalan Yap Kwan Seng here, said on Thursday it is not a party to the disputed contract as Jetson Construction Sdn Bhd (JCSB) — which was contracted to undertake the job — is no longer its subsidiary.
Sentral REIT's 3Q net property income rises 25% as Menara CelcomDigi boosts revenue
Sentral REIT (KL:SENTRAL), which mainly manages office towers, said on Thursday its net property income rose 25% in the third quarter ended Sept 30, 2024 (3QFY2024) from a year earlier, boosted by revenue from a newly acquired property.
Lawyers dispute govt's claim Semantan Estate only entitled to compensation, not return of Duta Enclave land
The federal government on Thursday disputed Semantan Estate (1952) Sdn Bhd’s possession of the 263.72-acre (106.72-hectare) ‘Duta Enclave’ prime land, saying that the company, which is presently under liquidators’ control, is only entitled to monetary compensation based on the Government Proceedings Act 1956 (GPA) and the Specific Relief Act 1950 (SRA).
Mah Sing acquires 5.24-acre Old Klang Road land for transit-oriented M Aurora
Mah Sing Group Bhd (KL:MAHSING) has acquired a 5.24-acre (2.12-hectare) freehold parcel in Old Klang Road here for approximately RM113 million from Team Keris Bhd to develop a new transit-oriented development (TOD) named M Aurora.
BNM seen keeping OPR at 3% throughout 2025 as it stays pat in latest review
Following Bank Negara Malaysia's (BNM) decision on Wednesday to maintain the overnight policy rate (OPR) at 3%, which marks 18 months of rate pause, economists expect the central bank to leave the benchmark interest rate unchanged throughout 2025 as well.
Haily's outstanding order book breaches RM1b as it bags RM89.9 mil construction job in Johor
Haily Group Bhd (KL:HAILY) has secured a contract worth RM89.9 million from Mah Sing Group Bhd (KL:MAHSING) to build terrace homes for a housing project in Taman Tiara Indah, Johor Bharu, Johor, which pushes the value of its outstanding orders past RM1 billion.
JAKS to pay RM5 mil cash to Star Media under land deal dispute settlement
JAKS Resources Bhd (KL:JAKS) on Wednesday said it has agreed to pay RM5 million cash to Star Media Group Bhd (KL:STAR) to settle their legal dispute over the development of a parcel of land in Section 13, Petaling Jaya.
