News by EdgeProp.my

Fintech firm Wahed launches fractional property investing with RM500 entry

Liftech Group Bhd has secured a RM25 million contract from AME Construction Sdn Bhd for the design, supply, fabrication, installation, testing and commissioning of a material handling system for the main building works of a test cell facility (Phase 1) on part of PT7, Sepang, Selangor.

CPE Technology Bhd’s joint venture (JV) with Japan-based Kanekita Co Ltd is expected to require an initial capital injection of RM2 million to RM3 million for site preparation and construction-related setup works as it prepares to commence semiconductor-related manufacturing activities.

iCents Group Holdings Bhd’s wholly owned subsidiary VC Engineering Sdn Bhd has secured a RM12.9 million contract to renovate a factory, warehouse and ground floor office in the Klang Valley.

Whitmore Holdings Sdn Bhd, the offeror in the proposed conditional mandatory takeover offer for MKH Bhd, has acquired 2 million MKH shares at RM1.96 apiece, according to Bursa Malaysia filings on Thursday.

SHH Resources Holdings Bhd is entering the gold mining business through a RM4 million acquisition of a 51% stake in Stellar Jewel Mining Sdn Bhd.

Trading of GuocoLand (Malaysia) Bhd (GLM) shares on the Main Market of Bursa Malaysia Securities will be suspended from 9am on July 30, 2026, as the company moves to complete its proposed privatisation via a selective capital reduction and repayment exercise under Section 116 of the Companies Act 2016.

Berjaya Property Bhd (formerly known as Berjaya Land Bhd) is proposing to subscribe for a 29% stake in Manjaran Sdn Bhd for RM58 million, which would give the property group exposure to the proposed Perlis Maritime Corridor (PMC) development, comprising the Perlis Inland Port (PIP), Perlis Sanglang Port (PSP) and Perlis Power Hub (PPH).

PMW International Bhd is developing a new spun concrete pile manufacturing facility in Bemban, Perak, involving an estimated capital investment of RM43.76 million as the infrastructure solutions provider expands its production capacity.

PRISM, the global hospitality business behind brands including OYO and Sunday, has partnered with Ahmad Zaki Resources Bhd (AZRB) and United Malayan Land Bhd (UMLand) to operate two hospitality assets in Malaysia.