Jakel Group is partnering with PiDC Holding Bhd to build a 51MW data centre in Cyberjaya worth RM1.2 billion.

Bina Puri Holdings Bhd (KL:BPURI) registered a net profit of RM13.84 million for the third quarter ended March 31, 2024 (3QFY2024) compared to a net loss of RM20.74 million a year earlier, due to gains arising from scheme of arrangements between the group’s unit and creditors.

Feytech Holdings Bhd (KL:FEYTECH), an automotive seat manufacturer listed just last Tuesday (May 21), proposed to acquire a plot of land measuring 9.76 acres for RM19.98 million from DRB-Hicom Bhd (KL:DRBHCOM)’s unit Proton City Development Corp Sdn Bhd (PCDC).

I-Bhd's (KL:IBHD) first quarter net profit rose sixfold to RM4.07 million from RM675,000 a year earlier, which the group attributed to its "strong financial management and strategic foresight".

Ekovest Bhd (KL:EKOVEST) reported on Friday a smaller loss in its latest quarterly results compared with a year earlier despite still grappling with high finance costs. 

Sime Darby Property Bhd’s endeavour to promote urban biodiversity was rewarded at the 2024 FIABCI World Prix d'Excellence Awards in Singapore yesterday.

UEM Sunrise Bhd (KL:UEMS) has partnered with Logos Infrastructure Holdco Pte Ltd to explore the opportunity to develop a data centre campus in Gerbang Nusajaya, Johor.

AME Elite Consortium Bhd (KL:AME) is buying three parcels of freehold land, measuring 37.5 acres, in Kulai, Johor for RM106.17 million to develop an industrial cluster.

Shares in Malaysian Resources Corp Bhd (KL:MRCB) fell on Friday, and nearly wiped out their gains this month, as the latest weaker-than-expected quarterly results prompted caution among investors and analysts.

The government said it will prioritise addressing the issue of unlicensed abandoned private housing projects, including by collaborating with stakeholders.