News by Izzul Ikram

Sentoria Group Bhd (KL:SNTORIA) announced on Thursday that developer Masteron Sdn Bhd will take over its troubled 204-acre development in Morib, Selangor, after the group admitted it was unable to complete the project.

Pavilion Real Estate Investment Trust (KL:PAVREIT) saw its net property income (NPI) in the fourth quarter rise 11.1% from a year earlier, fuelled by rental income from its newly acquired hotels.

Advancecon Holdings Bhd (KL:ADVCON) has secured an RM82.09 million contract to undertake earthworks and main drainage works for a development in the Johor-Singapore Special Economic Zone (JS-SEZ).

Sustained demand for mining equipment in Australia is expected to boost the industrial segment’s earnings, while a delay on a tax revision on locally assembled vehicles will likely spur the motor segment, CGS said in a note on Monday.

The Urban Renewal Bill has been retracted by the Cabinet to allow for improvements to be made, according to Communications Minister Datuk Fahmi Fadzil.

Sentral REIT’s (KL:SENTRAL) manager Sentral REIT Management Sdn Bhd has appointed Tay Hui Ling as acting CEO effective Jan 22, with her appointment to be formalised once Securities Commission approves it, according to a bourse filing on Thursday.

Malaysia’s central bank has kept the benchmark interest rate unchanged as expected, taking comfort in a resilient economy with moderate inflation.

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.

  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 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.