Target 1 — one of the parties seeking to take SMI private — said it has requested SMI's record of depositors, for the intention of dispatching the notice of EGM to SMI’s shareholders.

Through the partnership, Avaland is offering MBSB Bank customers a RM500 credit into their MBSB PrimeGold-i Account, when they purchase homes from the AVA Ria or AVA Prime series.

Gamuda's subsidiary DT Infrastructure Pty Ltd recently secured a RM1.8 billion contract from Lightsource bp Renewable Energy Investments Ltd for the Goulburn River Solar Farm in New South Wales, Australia.

The "Rule of 78" calculates a loan's interest for the entire loan term based on the original principal. A borrower thus gets no interest savings even if the loan is paid off earlier than scheduled.

George Kent (Malaysia) Bhd (KL:GKENT) has secured a RM45.5 million contract from Kwasa Land Sdn Bhd for the Kwasa Damansara township development in Sungai Buloh, Selangor.

EcoWorld Malaysia and MAPLEHOME have inked an MoU to provide hassle-free property management and maximise returns involving two key projects: Luna and Se.Ruma.

Advancecon Holdings Bhd (KL:ADVCON) has bagged a main infrastructure work contract worth RM44.6 million by Sime Darby Property Bhd (KL:SIMEPROP) for the development at Elmina West.

YTL Power International Bhd's (KL:YTLPOWR) data centres are well on track, with the second phase of 8MW under Johor Data Centre 1 (JDC1) expected to come online by end-2024, according to MIDF Research.

Exsim Hospitality Bhd (KL:EXSIMHB), formerly known as Pan Malaysia Holdings Bhd, has secured a sub-contract worth RM20.98 million for renovation works on 62 office units located on Old Klang Road.

A Lotus’s hypermarket in IJM Rimbayu, a township development by IJM Land Bhd in Telok Panglima Garang near here, opened on Friday. The hypermarket, which features its own mall, will be the largest superstore within a 10km radius.