Binastra appointed to revive Subang Sentral, gets RM316 mil contract
Binastra Corporation Bhd (KL:BNASTRA) has been appointed to complete construction of Subang Sentral for RM316 million and revive the long-stalled project in Subang Jaya.
Axis REIT to convert remaining facilities to sustainability-linked financing
Axis REIT (KL:AXREIT) aims to convert its remaining loans to sustainability-linked financing and explore more of such funding as the real estate investment trust expands its portfolio.
Axis REIT to convert remaining facilities to sustainability-linked financing
The trust said it will also benefit from profit rebates tied to achieving pre-agreed sustainability targets.
IJM reviewing key businesses, assets after rebuffing Sunway’s offer
IJM Corporation Bhd (KL:IJM) said it is reviewing the strategy for its key businesses, including monetising part of its vast land bank at its property division, after rebuffing a takeover offer.
IJM says takeover offer reflects low point in earnings while asset value stays high
IJM Corporation Bhd (KL:IJM) said a takeover bid now on the table reflects the low point in its earnings cycle as the company urged shareholders to reject the offer.
Paramount targets higher sales for 2026, confident margins will withstand cost pressures
Paramount Corp Bhd (KL:PARAMON) is aiming for higher property sales this year and is confident that its margins will withstand cost pressures amid Middle East tensions.
Jeffrey Cheah: Sunway not a bully, will walk away if IJM bid is rejected
Sunway Bhd (KL:SUNWAY) will walk away from its proposed takeover of IJM Corp Bhd (KL:IJM) if the construction group’s shareholders do not accept the offer by the early April deadline.
Sunway’s healthcare arm eyes Southeast Asia expansion
Sunway Healthcare Holdings Bhd (SHH) is exploring opportunities to expand to Southeast Asian nations as part of its longer-term regional growth strategy, said executive chairman Tan Sri Dr Jeffrey Cheah.
Kerjaya Prospek bags RM502 mil contract for reclamation and dredging works for Seri Tanjung Pinang
Kerjaya Prospek Group Bhd (KL:KERJAYA) has received a RM502.27 million contract from Tanjung Pinang Development Sdn Bhd for the execution and completion of reclamation and dredging works for the Seri Tanjung Pinang (Phase 2B and 2C) Development (STP2) in Penang.
Sunsuria 1Q profit slips amid lower progressive property recognition
Property developer Sunsuria Bhd (KL:SUNSURIA) reported sharp drops in its first quarter net profit and revenue, primarily due to lower progressive profit recognition from its completed property projects.
