JAKS Resources to dispose of oil palm land in Penang for RM77.7m
The group expects a net pro forma gain of RM50.38 million from the disposal.
Sabah Development Bank sues Ho Hup for loans to Golden Wave
Ho Hup revealed that it has been served with the suit dated May 15, 2024 on Aug 12, 2024 in its capacity as corporate guarantors for Golden Wave Sdn Bhd, in respect of a loan facility granted to Golden Wave from SDB.
BNM in no rush to adjust interest rate amid stable inflation and growth outlook, economists say
Bank Negara Malaysia (BNM) is under no pressure to adjust its benchmark interest rate, despite global central banks leaning towards policy easing, thanks to stable inflation and a positive growth outlook, economists said.
Systech teams up with Pinetop to develop data centres
Systech Bhd (KL:SYSTECH) has teamed up with Pinetop Technology Venture Sdn Bhd to develop and operate data centres.
Sentoria announces voluntary resignation of its external auditors
Sentoria Group Bhd (KL:SNTORIA) said on Thursday that Messrs Grant Thornton Malaysia PLT (GTM) has voluntarily resigned as the company’s external auditors.
Econpile wins RM71.2m contract for basement-related job in downtown KL
The contract was awarded to its wholly-owned subsidiary, Econpile (M) Sdn Bhd, from Platinum Victory Property Sdn Bhd.
KLIA aerotrain to resume operations by Jan 31, 2025 — Loke
The Kuala Lumpur International Airport (KLIA) aerotrain, which links the satellite buildings with the main airport terminal, is expected to resume operations by Jan 31, 2025.
Binastra wins RM235m contract to build 39-storey apartment in PJ
Binastra Corp Bhd (KL:BNASTRA), formerly known as Comintel Corp Bhd, has secured a RM235.5 million contract from Mightyprop Sdn Bhd to undertake construction work for a 39-story serviced apartment in Petaling Jaya, Selangor.
KIP REIT expands portfolio with RM98m acquisition of four industrial properties
KIP Real Estate Investment Trust (KL:KIPREIT), which primarily invests in retail properties, has proposed to acquire another four industrial properties for a total purchase price of RM98.3 million.
KIP REIT acquires land in Gerik for RM14.8m
KIP Real Estate Investment Trust (KL:KIPREIT), which primarily invests in retail properties, is acquiring a 4,663-sq metre (100,416 sq feet) parcel of land in Gerik, Perak, for RM14.8 million, cash.
