Malaysian Resources Corp Bhd (KL:MRCB) has withdrawn from the Berjaya-led consortium bidding for the multi-billion-ringgit Kuala Lumpur-Singapore high-speed rail (HSR) project, Berjaya Group announced on Wednesday.

Aeon Co (M) Bhd (KL:AEON) plans to appeal the High Court's ruling that the department store and mall operator had breached a tenancy agreement it had entered into with Betanaz Properties Sdn Bhd, a 51%-owned subsidiary of Ahmad Zaki Resources Bhd (KL:AZRB).

Earthworks and civil engineering services provider Advancecon Holdings Bhd (KL:ADVCON) has secured a RM417.7 million contract to undertake the development of the Silver Valley Technology Park (SVTP) in Perak.

Quality Concrete Holdings Bhd (KL:QUALITY) has secured a RM75 million construction contract in Kuching, Sarawak.

Noteworthy:

• Built-up size: 4,297 sq ft
• Floor level: low
• 6 bedrooms, 6 bathrooms
• Semi-furnished
• Nearby amenities: The Royal Selangor Golf Club, MRT Ampang Park, MRT Persiaran KLCC, The LINC KL, Sayfol International School, Gleneagles Hospital Kuala Lumpur
• Accessibility: AKLEH, SPE, MEX, SMART Tunnel, Jalan Tun Razak, Jalan Ampang, Jalan Kampung Pandan

When: November 2024

Creating healthier homes goes beyond taking care of the individual units. It involves creating healthier community spaces and designs for our residential developments, according to experts at the SkyWorld Healthy Home panel discussion.

SD Guthrie Bhd, formerly known as Sime Darby Plantation Berhad, Eco World Development Group Berhad (EcoWorld) and NS Corp, representing the Negeri Sembilan state government, have announced plans to jointly develop a 1,166 acre industrial park in Bukit Pelandok, Negeri Sembilan, Malaysia.

YNH Property Bhd (KL:YNHPROP) executive chairman Datuk Dr Yu Kuan Chon has been redesignated as an executive director of the property developer. Kuan Chon, 62, is YNH Property’s largest shareholder controlling a direct and indirect shareholding of 32.58% as at Oct 7, 2024.

Imaging company Crest Group Bhd (KL:CREST), which was listed on the ACE Market two months ago, said it is acquiring an industrial property in Puchong, Selangor for RM16.5 million to establish its new headquarters.

CIMB Securities is positive on Malaysia’s equity market in 2025, underpinned by a third consecutive year of earnings growth at 8%, driven by banks, construction and utilities sectors.