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News by Choy Nyen Yiau

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KJTS secures second subcontract from SunCon unit for data centre job in Selangor

11 October, 2024

KJTS Group Bhd (KL:KJTS) said on Thursday that it has secured a subcontract worth RM12.3 million for a data centre project in Selangor.

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Atlan Holdings' units get compulsory land acquisition for road construction project in Bukit Kayu Hitam

04 October, 2024

Atlan Holdings Bhd (KL:ATLAN) said its indirectly owned units, Cergasjaya Sdn Bhd and Cergasjaya Properties Sdn Bhd (CPPA), have received notices for the compulsory acquisition of their lands in Bukit Kayu Hitam, Kedah, for a road construction project.

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Econpile bags RM33m piling and substructure jobs in KL

03 October, 2024

Econpile Holdings Bhd (KL:ECONBHD) has secured two contracts from Sg Besi Construction Sdn Bhd, totalling RM33.3 million, to carry out piling and substructure works for residential and office buildings in Kuala Lumpur.

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Ho Hup unit gets restraining order against creditor following dismissal of judicial management application

02 October, 2024

Ho Hup Construction Company Bhd (KL:HOHUP) said its 52%-owned unit, Golden Wave Sdn Bhd (GWSB), has obtained an interim restraining order from the High Court in Kota Kinabalu, shielding it from legal actions by its creditors.

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Central Global acquires office space for RM19.5m

01 October, 2024

... measuring approximately 48,690 sq ft, in Kota Kinabalu, Sabah.

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Crescendo set to hit record-breaking FY2025 results as 2Q profit surges over 30-fold on data centre-linked land sales

30 September, 2024

Crescendo Corporation Bhd’s (KL:CRESNDO) net profit for the second quarter ended July 31, 2024 (2QFY2025) surged more than 30-fold year-on-year (y-o-y), boosted by its data centre-linked land sales in Nusa Cemerlang Industrial Park (NCIP), Johor.

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Talam Transform plans five-to-one share consolidation, capital reduction and private placement

30 September, 2024

Talam said the consolidation may reduce the volatility of its share price, as they are currently trading at a low, so much so that even a small change can have a significant percentage impact.

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news

Liquidators appointed to wind up Ivory Properties' subsidiary

26 September, 2024

Practice Note 17 (PN17) company Ivory Properties Group Bhd (KL:IVORY) announced on Wednesday that its wholly-owned subsidiary, Ivory Gleneary Sdn Bhd (IGSB), has appointed interim liquidators to initiate the winding-up of the company as part of its regularisation plan.

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Magma proposes capital reduction, RM80m land buy from company owned by major shareholder and Lee Chong Wei

25 September, 2024

Magma Group Bhd (KL:MAGMA) said on Tuesday it is acquiring a 2.26-acre plot of land in the Persiaran Dutamas area of Kuala Lumpur from a company connected to its executive chairman and major shareholder Datuk Seri Lee Hock Seng, for RM80 million.

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Ecobuilt to resume trading on Wednesday

24 September, 2024

The shares have been suspended from trading since Aug 9 due to the now-set-aside winding-up petition filed by Strong Force (M) Sdn Bhd.

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