Malaysia Airports Holdings Bhd (MAHB) is said to be mulling on hiring a IJM Corp Bhd-led consortium to carry on with the aerotrain replacement project that was halted in August, according to sources familiar with the matter.

Lim Seong Hai Capital Bhd (LSH Capital), which is seeking a transfer from the LEAP Market to the ACE Market of Bursa Malaysia, has obtained undertaking letters from its minority shareholders to waive their entitlement to an exit offer.

Crescendo Corp Bhd saw its net profit for the third quarter ended Oct 31, 2023 (3QFY2024) rose by 270% to RM17.97 million, compared with RM4.86 million a year earlier, underpinned by higher properties sales compounded with high-margin industrial land sale.

Throughout 2023, EdgeProp has delivered numerous industry stories to ensure you stay well-versed and empowered in navigating the property landscape. Dive into the highlights below as we bid farewell to the passing year.

Ekovest Bhd is teaming up with Zhejiang Communications Investment Group Co Ltd (CICO), the largest state-owned enterprise established by the Zhejiang provincial government in China, for the joint exploration and development of infrastructure and other projects in Malaysia.

Rakuten Trade said buying interest for IOI Properties Group Bhd may have returned following a break-out from the one-week rectangular pattern with a long white candle on Wednesday.

Noteworthy:

• Freehold
• Built up size: 1,031 sq ft
• 3 bedrooms, 2 bathrooms
• Nearby amenities: Hotels, convenience stores, F&B outlets, Suria KLCC,  Pavilion  KL, international schools,  MRT KLCC, Ampang Park LRT
• Accessibility: Jalan Tun Razak, Jalan Ampang, MRR2, SMART Tunnel, DUKE expressway

When: November 2023

High electricity consumption households, alongside commercial and industrial (C&I) users in the Kulim Hi-Tech Park (KHTP) in Kedah will be charged 6.5 sen per kilowatt-hour (kWh)surcharge on their electricity tariffs for the first six months of 2024.

TCS Group Holdings Bhd is making a cash call to raise working capital for its existing construction projects.

Gabungan AQRS Bhd is claiming RM89.74 million from Econpile Holdings Bhd for what it alleged was wrongful termination of a sub-contract under Package SUKE-CA3 of the Sungai Besi-Ulu Kelang Elevated Expressway (SUKE) project in 2016.