Kitacon bags RM111.23 mil contract to build factories in Klang
Kumpulan Kitacon Bhd (KL:KITACON) has secured a contract worth RM111.23 million for the construction of factories and industrial facilities in Klang, Selangor.
MK Land reaches settlement with tax authority, shrinking final bill by 85%
MK Land Holdings Bhd (KL:MKLAND) said on Thursday it has reached a settlement with the tax authority that would cut the additional bills and penalty imposed on its unit by nearly 85%.
BMI: Planned data centre sustainability framework may affect domestic competitive dynamics
The government's proposal to introduce regulations aimed at enforcing sustainability-linked standards for the domestic data centre market will see some of the data centres becoming non-compliant with the requirement, carrying implications for domestic competitive dynamics, according to Fitch Solutions company BMI.
Businessman Robert Tan offloads half his stake in Paragon Globe, ceases to be substantial shareholder
Businessman Tan Sri Robert Tan Hua Choon has ceased to be a substantial shareholder of Paragon Globe Bhd after disposing of half his stake in the Johor-based developer.
Ecobuilt to be suspended from Aug 9 following High Court approval of winding-up petition
Trading of the shares in Ecobuilt Holdings Bhd (KL:ECOHLDS) will be suspended, after the High Court approved a winding-up petition against the company.
YTL Hospitality REIT’s 4Q NPI up 9.7%, declares 4.09 sen distribution
YTL Hospitality Real Estate Investment Trust (KL:YTLREIT) reported a 9.7% increase in net property income (NPI) for its fourth quarter ended June 30, 2024 (4QFY2024), rising to RM65.8 million from RM59.9 million a year earlier, driven by higher contributions from both the hotel and property rental segments.
JAKS Resources inks land lease MOU with TDM unit for LSS5 project
JAKS Resources Bhd (KL:JAKS) said it has signed a memorandum of understanding (MOU) with a subsidiary of TDM Bhd (KL:TDM) to collaborate on a land lease as part of its bid for the fifth Large Scale Solar (LSS5) programme.
Ahmad Zaki gets RM152 mil contract to build Port Dickson specialist hospital
Ahmad Zaki Resources Bhd (KL:AZRB) said on Thursday it has secured a contract worth RM151.99 million to design and build the Port Dickson Specialist Hospital in Negeri Sembilan.
Gadang narrows losses in 4Q on higher construction revenue
Gadang Holdings Bhd’s (KL:GADANG) net loss narrowed to RM9.37 million for its fourth quarter ended May 31, 2024 (4QFY2024) from RM27.7 million a year ago, as revenue expanded due to higher contributions from its construction division.
KLIA aerotrain expected to resume operations by first quarter of next year
The Kuala Lumpur International Airport (KLIA) aerotrain is expected to resume operations by the first quarter of 2025, according to Transport Minister Anthony Loke.
