Andara, which is Sime Darby Property Bhd’s final landed residential project in Ara Damansara, recorded an 85% take-up rate to date since its launch on April 27.

A bid by the former operator of Kuala Lumpur Tower to institute contempt proceedings against Communications Minister Datuk Fahmi Fadzil and others was tossed out of court on Monday.

LBS Bina Group Bhd’s special purpose vehicle, Suria Hijauan Sdn Bhd has secured an RM88.4 million green financing facility from Alliance Bank Malaysia Bhd to fund the engineering, procurement, construction and commissioning (EPCC) costs for its maiden 43 MWp solar farm project.

Ho Hup Construction Co Bhd (KL:HOHUP), which slipped into Practice Note 17 (PN17) status earlier in April, has defaulted on revolving credit facilities from AmBank Islamic Bhd amounting to RM45.3 million.

Gadang Holdings Bhd (KL:GADANG) announced it will allocate about RM19 million in additional costs for the financial year ending May 31, 2025 (FY2025), following the termination of an agreement to jointly develop a parcel of land in the Cyber 9 precinct of Cyberjaya with Cyberview Sdn Bhd.

Mitraland Group founder Chuah Theong Yee has ceased to be a substantial shareholder in steel products maker Eonmetall Group Bhd (KL:EMETALL).

The Malaysian Anti-Corruption Commission (MACC) will apply to forfeit the 60-storey Ilham Tower, worth about a billion ringgit, owned by the late Tun Daim Zainuddin’s family, a report says.

Pavilion Real Estate Investment Trust (KL:PAVREIT) raised about RM360 million from a private placement of shares priced at RM1.40 per unit.

UEM Sunrise Bhd garnered strong response during the first day of its sales preview of Allegro, a premium freehold landed development within the Symphony Hills township, in Cyberjaya.

Toh Puan Na'imah Khalid, widow of the late former finance minister Tun Daim Zainuddin, will immediately challenge the Malaysian Anti-Corruption Commission’s (MACC) second seizure of Ilham Tower in court, said her lawyers.