News by Halim Yaacob

Bina Puri Holdings Bhd has secured scheme‑creditor approval for its proposed scheme of compromise and arrangement, moving a key step closer to formalising its debt restructuring under Sections 366 and 368 of the Companies Act 2016.

Accounting auditors PKF PLT has issued a qualified opinion on EcoBuilt Holdings Bhd’s audited financial statements for the financial period ended Feb 28, 2026.

Datuk Seri Chiau Beng Teik, JP, the founder of Chin Hin Group, is stepping down as non‑independent non‑executive chairman across several Chin Hin‑linked listed companies effective July 1, 2026.

YLI Holdings Bhd is entering the property development space via a proposed joint development in Bandar Puncak Alam, Selangor, structured as a non‑related party transaction under Chapter 10 of the Main Market Listing Requirements.

Ajiya Bhd has outlined how it intends to use the proceeds from its disposal of shares in Tanco Holdings Bhd, saying the bulk will be redeployed into other quoted investments, with a small allocation for administrative expenses.

Penang Port has called a tender for a 2.20-acre parcel within Butterworth Deep Water Wharves (BDWW) for development and operation under a long-term sub-lease arrangement.

EWI Capital Bhd (formerly Eco World International Bhd) is repositioning its portfolio towards income‑generating office assets even as near‑term earnings remain weighed down by impairments and foreign‑exchange losses.

Axis Real Estate Investment Trust (Axis‑REIT) is proposing to acquire a fully occupied distribution centre in Bandar Saujana Putra, Selangor, from courier and logistics player City‑Link Express (M) Sdn Bhd for RM128 million in cash.

Pesona Metro Holdings Bhd reported revenue of RM705.9 million and profit before tax (PBT) of RM66.0 million for FY2025. Its property development division recorded PBT of RM43.3 million during the financial year.

Ajiya Bhd has booked a gain of about RM14.3 million from the disposal of its shares in Tanco Holdings Bhd, reducing its position during a decline in the property developer’s stock.