DXN Holdings Bhd (KL:DXN) said it is terminating its plan to develop a medicine facility and a wellness centre due to a lack of progress and failure to achieve the expected benefits.

Citaglobal Bhd (KL:CITAGLB) signed a deal on Friday to buy a 1.58-acre land at Jalan Tun Razak from Bank Islam Malaysia Bhd (KL:BIMB), for RM73 million.

Construction player and property developer Vizione Holdings Bhd (KL:VIZIONE) slipped into the red with a net loss of RM79.68 million for the second quarter ended Nov 30, 2024 (2QFY2025), reversing from a net profit of RM213,000 a year ago.

The government has approved an allocation of RM60 million for the expansion of the Sultan Azlan Shah Airport (LTSAS) in Ipoh.

Malaysia’s real estate transactions value hit RM217.46 billion in 2024, far exceeding the initial target of RM100 billion set at the beginning of the year, said Minister of Housing and Local Government, Nga Kor Ming.

MIDF Research has raised concern over the sharp selloff in Malaysian construction stocks, suggesting that market reaction may be overdone. 

Lebtech Bhd (KL:LEBTECH) has secured a RM21 million contract to develop 104 units of two-storey terraced houses in Seksyen U13, Shah Alam.

The Penang government will expand CCTV coverage across Seberang Perai to boost security and uphold the state’s status as Malaysia’s safest city.

Sarawak Deputy Premier Datuk Amar Douglas Uggah Embas said the safety of residences at hillside areas will be discussed at the state Disaster Management Committee (JPBN) meeting in the near future.

S P Setia Bhd will be ushering in the Year of the Snake with its Setia Chinese New Year (CNY) 2025 campaign with plenty of fun-filled activities and offers.