Eco World Development Group Bhd (EcoWorld Malaysia) recorded RM46.4 million profit after tax (PAT) in 3Q2022, which is 32% higher than 3Q2021.

NCT Group of Companies (NCT) has entered into four synergistic collaborations to further strengthen its value proposition for the upcoming NCT Smart Industrial Park (NSIP) project.

This will involve the “sprucing up of the areas and upgrading the amenities”.

JAKS Resources Bhd has offered share options under its long-term incentive plan (LTIP) to eligible directors and employees of the group and its subsidiaries.

It may be challenging for older office buildings in the Klang Valley, which have been left vacant as their owners or tenants move to newer developments, to be filled up, as more new office buildings spring up and more companies move out of the older buildings, said experts in the property sector.

CGS-CIMB Research has maintained its “Hold’ rating on Eco World International Bhd (EWI) at 32 sen with a lower target price (TP) of 35 sen (from 38 sen) and said the company’s 9MFY10/22 results were worse than expectations due to additional costs recognised for built-to-rent (BTR) projects.

Nexgram Holdings Bhd is planning to consolidate every 10 shares in the ACE Market-listed telecommunications and media firm into one new share.

Property tycoon Tan Sri Lim Soon Peng has apparently settled a RM330,800 suit filed by SRC International Sdn Bhd and two others against him last year, for receiving money from the companies via instructions from former Prime Minister Datuk Seri Najib Razak.

Menara Maybank appears to have an advantage over its fellow older buildings in terms of securing tenants in the Klang Valley when owner Malayan Banking Bhd (Maybank) moves its head office to Merdeka 118 in 2025.