IJM: MACC clarifies probe targets individuals only, not the group as an entity
IJM said it had received a letter from the MACC clarifying that "the investigation is confined to several individuals associated with IJM, and not the company itself”.
Berjaya Property appoints Johor princess Tunku Aminah as chairman after more than two years of vacancy
Berjaya Property Bhd (KL:BPROP), formerly Berjaya Land Bhd, has appointed Johor princess Tunku Tun Aminah Sultan Ibrahim as its new non-independent non-executive chairman, filling a role that had been vacant for more than two years.
Kumpulan Kitacon wins RM89 mil construction job in Gombak
The contract was awarded to the company’s unit, Kitacon Sdn Bhd, by Rawang Lakes Sdn Bhd, according to a filing to the stock exchange.
AME Elite buys two Senai plots from IOI Properties unit for RM101.18 mil
Construction and property player AME Elite Consortium Bhd (KL:AME) is acquiring two parcels of freehold land measuring a total of 31.82 acres in Senai, Johor, for RM101.18 million, cash, from Nice Frontier Sdn Bhd (NFSB).
Magma to acquire LUMA Hotel in Kota Kinabalu for RM61m in cash-and-shares deal
Magma Group Bhd (KL:MAGMA) said on Thursday it plans to acquire the LUMA Hotel in Kota Kinabalu for RM60.9 million in a cash-and-shares deal, to expand its hotel portfolio.
Sunway's ongoing takeover offer for IJM under MACC investigation, says Azam Baki
Malaysia’s anti-graft agency said it has opened an investigation paper linked to Sunway Bhd’s (KL:SUNWAY) ongoing takeover offer for IJM Corp Bhd (KL:IJM).
Loke says LRT3 contractor may face over RM475m penalties, vows accountability over delays
Light Rail Transit 3 (LRT3)’s main contractor could face penalties of more than RM475 million due to project delays, Transport Minister Anthony Loke said.
Govt reviewing proposal to complete beleaguered MEX II highway project, says minister
“The government is currently reviewing the proposal before presenting it to the Cabinet for a decision.”
LRT3 set to operate from June 2026, Loke tells Dewan Negara
Transport Minister Anthony Loke told the Dewan Negara on Monday that the delayed Light Rail Transit 3 (LRT3) line is set to be operational by June this year.
High cost derails Putrajaya's proposed trackless tram system
Preliminary findings estimated the total cost of implementing the ART system—including infrastructure development, system installation, operations and maintenance—at RM211.95 million over a 10-year period.
