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.
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.
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 Bhd (KL:IGBB) has proposed a bonus issue of one new share for every two shares held in the property group.
Construction outfit Sarawak Consolidated Industries Bhd (KL:SCIB) is venturing into property development through a joint residential and commercial project in Bintulu, Sarawak.
The firm is 80%-owned by Pagalavan C Rangasami and 20% by Rajasulochana Pagalavan, according to a bourse filing on Monday.
The cement manufacturer has been without a group managing director since September 2023, after Hugo Enrique Losada Barriola stepped down "due to personal reasons".
Malaysia’s home ownership is on the climb, with the figure seeing a moderate pick up last year compared to two years ago.
Chin Hin Group Property Bhd (KL:CHGP) said it is buying 25.9 acres of land just outside Kuala Lumpur for RM91 million in cash to develop a housing project with an estimated gross development value (GDV) of RM560 million.
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