HHRG suspends CEO for two weeks pending internal probe
During the suspension period, executive deputy chairman Datuk Paduka Ammar Shaikh Mahmood Naim will assume full authority over the company's operational and managerial matters,
Ho Hup ordered to pay contractor in adjudication decision
Ho Hup Construction Co Bhd (KL:HOHUP) said its subsidiary has been ordered to pay a contractor RM7.37 million in an adjudication decision involving a dispute over payment claims.
LSH Capital says former KL Tower operator’s lawsuit ‘without merit’, followed procurement process
Lim Seong Hai Capital Bhd (KL:LSH), which has been slapped with a lawsuit by the former operator of Kuala Lumpur Tower, said that the claim against its subsidiaries is without merit and cannot be established.
Genting says Nevada authorities have signed off settlement terms for Las Vegas complaint
Genting Bhd (KL:GENTING) said on Friday the Nevada Gaming Commission has accepted the terms of a settlement in relation to a complaint against its Las Vegas resort.
Analyst questions feasibility of Subang airport's expansion after AirAsia pulls out seven months in
Singapore-based Sobie Aviation independent analyst and consultant Brendan Sobie has questioned the viability of the Sultan Abdul Aziz Shah Airport's expansion plans after AirAsia on Thursday announced that it is opting out after seven months.
KJTS bags retrofit, maintenance and chilled water supply job from KIP REIT
KJTS Group Bhd (KL:KJTS) has secured a contract from KIP Real Estate Investment Trust (KL:KIPREIT) to provide retrofit works, operations and maintenance (O&M) services as well as provide chilled water supply for seven of the retail property trust’s shopping malls.
Paramount Corp to continue monetising RM750m in non-core assets to boost returns
The list of non-core assets includes the Mercure KL Glenmarie hotel and the Petaling Jaya office building Ashwood ATWATER.
Paramount eyes RM400m land deals in 2025
The company had a remaining GDV of RM5.5 billion as at end-2024, from its 369.4-acre undeveloped land and unsold units in launched projects.
Paramount Corp reviewing plans to manage growing cash pile, decision by mid-2025, says group CEO
The property developer is pivoting towards “sustainable, quality growth” going forward after years of aggressive revenue and earnings growth.
UEM Edgenta secures RM40.4m traffic management contract from chairman-linked company
The contract, awarded by AFA Construction and Engineering Sdn Bhd (AFACE) to UEM Edgenta’s wholly-owned Edgenta Propel Bhd (EPB), is considered a related-party transaction because UEM Edgenta's independent, non-executive chairman Tan Sri Dr Azmil Khalili Khalid is the sole owner and director of AFACE’s parent company, AFA Infrastructure and Development Sdn Bhd,
