Datuk Doh Tee Leong — via his investment vehicle Bright Meadow Sdn Bhd — acquired an aggregate 59.88% stake (38.5 million shares) in Mercury Industries from various vendors for RM34.65 million or 90 sen per share on Monday.

This step, according to a bourse filing on Monday, is intended to enhance the credibility of the group with its bankers, investors, customers, and other stakeholders.

... thanks to higher contributions across all business segments — property development, property investment as well as leisure and hospitality.

AWC said the five-year contract will run from Dec 12, 2024, to Dec 11, 2029. 

The construction outfit stated the works awarded are related to a large-scale mixed-use development in Damansara Perdana, Selangor.

The stop-work order stemmed from complaints from nearby residents about an explosion at the site.

The transport ministry will hold discussions with the State Railway of Thailand regarding the proposed revival of the service, aimed at enhancing connectivity for both cargo and passenger transport between the two countries.

The collaboration will provide residents with the convenience of daily essentials. 

UEM Sunrise Bhd has received development approval from the Western Australian State Government's central land and development agency, DevelopmentWA, for Lots 1 and 2 at The Oval within Subiaco East.

CBRE Group has appointed Hugh Macdonald as CBRE head of capital advisors for Asia Pacific.