BNM keeps key interest rate at 2.75% as widely expected
Malaysia’s central bank has kept the benchmark interest rate unchanged as expected, taking comfort in a resilient economy with moderate inflation.
KIP REIT’s 2QFY2026 NPI rises nearly 50%, sees well-supported 3Q
KIP Real Estate Investment Trust (KL:KIPREIT) saw its net property income (NPI) rise 49.9% in the second quarter from a year earlier, bolstered by new assets.
SST on raw materials like steel scrap weakens industry competitiveness, Misif says as grace period ends
A number of steel-related products were subjected to SST ranging from 5% to 10% from July 1, 2025. A compliance grace period ended last year and a January SST update offered no relief for steel products.
SkyGate to buy Penang property company for RM75.9m in related-party deal
SkyGate Solutions Bhd (KL:SKYGATE) is buying a Penang-based property investment company linked to its major shareholder for RM75.9 million in cash and shares.
Global Oriental sells retail units in Pavilion Embassy for RM35 mil
Property developer Global Oriental Bhd (KL:GOB) said it is disposing of 18 retail units in its Pavilion Embassy project in Kuala Lumpur for RM35 million to pare its borrowings.
Oriental Interest to buy 68-acre Bukit Raja land for RM80.8m
Property developer Oriental Interest Bhd (KL:OIB) is expanding its landbank in Selangor through a RM80.77 million cash acquisition of 68.12 acres in Bukit Raja.
IGB plans one-for-two bonus issue
IGB Bhd (KL:IGBB) has proposed a bonus issue of one new share for every two shares held in the property group.
SCIB ventures into property development with mixed-use project in Bintulu
Construction outfit Sarawak Consolidated Industries Bhd (KL:SCIB) is venturing into property development through a joint residential and commercial project in Bintulu, Sarawak.
Ingenieur Gudang to sell vacant factory in Nilai for RM22m
The firm is 80%-owned by Pagalavan C Rangasami and 20% by Rajasulochana Pagalavan, according to a bourse filing on Monday.
Hume Cement names William Tan Kok Siang as group managing director
The cement manufacturer has been without a group managing director since September 2023, after Hugo Enrique Losada Barriola stepped down "due to personal reasons".
